Thread: Follow The Bouncing Pip
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Old 09-12-2007, 01:20 AM
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Cool Mfi
Quote:
Originally Posted by matthewi View Post
That's interesting. I don't have a pointer signal yet. I'm using the zigzag pointer mail version on ibfx.

But anyway, Forex11, given that there is a signal happening now on GBPJPY, can you describe what sort of confirmations will you be looking for to make an short entry here? What is it about this current signal that would make you feel confident that this is indeed a reversal?

Cheers,
Matt
I also use the money flow index with levels 20 and 80 when the signal showed up the mfi was at 80
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