Dislikednow the price, eu/us is araund the midle TMA line, for SBT better wait till upper line o triger sell yet?Ignored
House price data price action 1 reply
DislikedYou mean the eur/usd? As I understand this trend can only be identified as mild striking due to small TMA range, therefore MSBT Trades and MSCT Trades are valid setups... Just now the price was bouncing off the middle TMA line, which could not considered as a valid setup for Mr. Dean's system.
I am new here so if I am wrong let me knowIgnored
Dislikedyou stand correct, good observation.. the Midband setup is not valid due to mild striking band.
the best setup to keep a eye on is the sbpt setup.. counter trade must be taken with very very extra care.. I won't take it personally as of what i see right now.Ignored
DislikedSorry but there i'm a little lost, denn what is the diffent wiht both can you post two charts showing a SBT and a MSBT ?if possible two buys trades.TYIgnored
Dislikedfolks we got three setups in however way that its called.. but to be sure of the names, here it is.. stick to these name please..
SBPT.. Striking Band Pullback Trade.. its a trend play when you take trade off the opposite band on pullback.
NBT.. Neutral Band Trade.. it's a range play, when you take trades of a flat PA/Band.
SBCT.. Striking Band Counter Trade.. it's a reversal play, when you get a setup outside of the band with DT/DB (Double top/Double bottom) and RF confirmation.
Please forget the Mid-band setup.. I am throwing it...Ignored
Dislikedthrowing out mid-band play? Ok I guess I need to update my notes.Ignored
DislikedHi dean, is your tma indicator the non repainting version.Ignored
DislikedGood morning guys!
Dean, can you explain some of your open trades in trade exlorer? I understand this are on larger time frames....
Thanks and regards.