DislikedI use TDI crosses with divergence on D1 TF. Then I re-enter using Fibonacci retracements on smaller time frames. EURAUD was a sell 2 days ago on D1 TF with divergence on TDI. It has now retraced to 38.2 Fib level which is a previous resistance area if you look left to current PA and it is also near a big round number (1.40000) Obviously, I can be completely wrong, no one is 100% accurate. The more things like that lineup, the more likely it will come through, in my opinion.Ignored
You want to share and discuss, please post a chart .
Our trading chart is our common language.
You want my frank opinion. Learn not to trade when price is in consolidation. I mention in many posts here. The TDI cross, bounce,etc. cannot be trusted as trade signal in consolidation. I am 65% lucky and 35% unlucky all the time. What I know and I believe in is my Expectancy above 2.5.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
1