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Not sure how that would work as the zigzag shows toward the end of a run and the meter would still be showing the trend direction, anyway I would think so.
Well the first week is over. And boy am I glad. All I seen was a ranging market all week. I placed only 1 trade the first of the week with a small loss.
I hope nobody took the down arrow on the gbp/jpy, because all it did was gave false signals all week. It would move just enough to make you think you had a real move, and as soon as you get in,(boom) the other way it went.
We never said this system would be the holy grail, and you will have weeks like this. But it was NFP week too.
So I hope everyone made it through ok. Sunday stars a new week, we will see what happens!!
Well, thats correct ..... if we switch to daily TF we will see different picture, continuing going uptrend for EJ, which means more of false signals. Also, it's almost very close to change direction to down correctional trend. I will continue waiting for more confirmation to ride the new wave.
dxtrade, thank you for posting your charts.
Nice setup.
I looked through the thread but couldn't find it. If you have a minute, could you please post indicators and .tpl file.
european
Sorry mate,
was busy preparing other things.
Her is the complete zip file with the indis and my template!
Have fun...
__________________
Happy Trading...
"Failure is only a temporary change in direction to set you straight for your next success."
"Winning is a habit. Unfortunately, so is losing."
"It’s so simple to be wise. Just think of something stupid to say and then don’t say it."
your above attached file has got error..
i cant download it.
Judy
Working fine here.
Anyway... here's another one.
__________________
Happy Trading...
"Failure is only a temporary change in direction to set you straight for your next success."
"Winning is a habit. Unfortunately, so is losing."
"It’s so simple to be wise. Just think of something stupid to say and then don’t say it."
whew
Linear Mode
