Thread: Nina's Levels
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Old 12-28-2007, 08:11 AM
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yesican88 yesican88 is offline
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Dear All,
In CatFX50 rule level 3, it's said : "For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again"

But if I watch the chart, many times I found in bullish mode, when prices went down without crossing EMA 50 and obviously opened above EMA 50, Hist_StepMA_Stoch didn't change to red, it's still in green. After that, price went up again. So, should we take this long signal? It's a valid signal too?

Thanks for your attention and answer.


Regards,
Pierre
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