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Re: *WIP* FerruFX's Multi-Info Evo

econome, Fri Jan 04, 2019 10:44 pm

Yesterday's trade was a clear 'no entry' from the Schaff Trend Cycle, tempting though it was. The long trade was precluded by our friend, the MultiInfo, but could have been entered after the news, on the fundamental basis.

There was one late opportunity to enter the uptrend, which I've marked, but it was out of time (16:15 GMT entry) and needed exiting clearly at the after hours doji.
Today's long was not an entry as the Multi-Info remains short. It's a continuation long from the bearish USD news yesterday.

There may be a short set up in the next 60 minutes, but I am very cautious given it is Non-Farm Payroll day, and the employment numbers yesterday were down (market has been thinking the same thing.

Will likely be out of the market 20 minutes before Non-Farm Payroll, no matter what, unless the short gets triggered and can move a stop at BE+20 or more, which is unlikely.

AUDUSD and USDJPY are offering better volatility right now, so reports to email are saying.
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