Just had a looser.
Can you tell me where's the mistake?
Thanks!
PH
Can you tell me where's the mistake?
Thanks!
PH
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DislikedYour trade was better than mine, Darryl - no heat (my entry was 8 minutes before yours & also marginal on the 2.4p rule).
@phneutral : can you give me your exact trade time to comment, please ? Does your platform not allow a simple histogram for the CCI ? Edit : I think it's the 10.40 CET bar on which you entered (0940 UK), in which case the one negative indication is that the 10 SMA hasn't really rolled over yet, so perhaps better to wait until you're sure the pullback, which was quite strong, is over. Remember, a 100% win rate is not to be...Ignored
DislikedThank you all for the reply's.
Still one doubt: the 2.4 pip rulle! Can u detail it a little more?
Is the close of the SUB that can't be more than 2.4 pips away from the MA?
Regards
PHIgnored
DislikedThis is how I understand it:
If you are taking a long trade the low of the bar (SUB) can not be more then 2.4 from the MA
If you are taking a short trade the high of the bar (SUB) can not be more then 2.4 pips from the MAIgnored
DislikedMy mistake perhaps - I thought Divergence only specified the crossing of the SMA. Thanks for the chart.
ph : I don't think slope of the SMA is a prerequisite, rather more of a hint.Ignored
DislikedBut, where is the flag???! The sub must be a definite bar decisively crossing the flagline simultaneously with the CCI crossing the +50/-50 and the flagline should have touchpoints...
http://i464.photobucket.com/albums/r...erfect1min.pngIgnored
Dislikedhttp://i464.photobucket.com/albums/r...2/touching.png
It also looks like there is another flag in the making right now, so best i go check it out!!!Ignored