Quote:
Originally Posted by Sundowner
Greetings,
Anyone interested in discussing Goldenequity's addition to the original Randy Candles he presented?
I've been playing with it some, but have made the mistake of trying his template and can't handle that many currency pairs (I only have one screen) with both the RCs and the waterfall/fan template.
What I have seen is impressive and well worth pursuing. If everyone is comfortable with what they're doing, great.
Please post if interested or otherwise, pm me and let's talk about it.
Cheers
|
I have to admit I wasn't that impressed with the "Waterfalls" to start with, but after reading up on on Dinapoli and putting them on my charts and watching them for a couple nights straight, I must say I understand completely what GE was talking about now.
Pay close attention to the angle of penetration of the SMAs. That is what made it really click for me. Notice what happens when penetration is at 90 degrees vs shallower angles. Just something I have noticed...