Dislikedthanks,
And on which time frame do you really wait for the price to break through the 14EAM / Filter line?
Does it also have to break on the timeframe for the individual pair or just the index?Ignored
Now at this point there are two things.
One is when the weekly is in same direction but mn is not.. which is a setup for some good quick pip gains one similiar to what we had on the chf index few days back.
Second is when the same setup is occuring and the weekly and mn is in the same direction. i still go into the weekly tf and see the rsi manually, then the monthly also. Just to see how the candle in forming is realtime.
Now i open the profile for that currency and look for the best pairs to trade. The best pairs are the ones's which are also starting to trend at that moment.
Hope this helps. I am in middle of jotting down all the queries i have recieved in the past 15 days so that i can cover all those points in my video.
Thanks