I am still not clear with the use of the semafor, by looking at today charts my interpretation would be:
Long - when semafor is at the bottom of price
Short - when semafor is above price
If this is the case I think we could have spared a few bad trades, please see attachments.
Can anyone confirm this?
Thanks
mazingaz
Long - when semafor is at the bottom of price
Short - when semafor is above price
If this is the case I think we could have spared a few bad trades, please see attachments.
Can anyone confirm this?
Thanks
mazingaz