Nice notes, I hate when I don't take the setup and it works out - but that's the thing, it works out more often than not, but there is some interpretation (subjectivity) that makes it a bit difficult to take every time. But on your second chart, that counts as a double cross - you had the indicator and then those were the first two crosses after it, so I believe that would be within the guidelines.
On your last chart, I know its outside of the trading time, but if you look at the oscillator on the 1 minute system, it confirms that entry - with divergence, and the 2 oscillator lintes cross. So despite being agains the SMAs, it was a confirmed trade - that is how I'm using the 1 minute system, to give an earlier alert of the immediate trend shift
Nice notes, I hate when I don't take the setup and it works out - but that's the thing, it works out more often than not, but there is some interpretation (subjectivity) that makes it a bit difficult to take every time. But on your second chart, that counts as a double cross - you had the indicator and then those were the first two crosses after it, so I believe that would be within the guidelines.
ReplyDeleteOn your last chart, I know its outside of the trading time, but if you look at the oscillator on the 1 minute system, it confirms that entry - with divergence, and the 2 oscillator lintes cross. So despite being agains the SMAs, it was a confirmed trade - that is how I'm using the 1 minute system, to give an earlier alert of the immediate trend shift
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