emrahgk wrote: Thu Feb 10, 2022 4:42 am

Where should we enter the process? Often when we wait for confirmation, it's too late
Also, the semaphore indicators are mostly false because it changes place when it sees higher or lower than before.

The large Semafor at the top of the chart is not a sell signal, it indicates a trend change could be coming. If you watch as new highs or lows are formed it will keep moving with the new high, in strong trend that could happen many times and a sell or a buy at the large Semafor would usually result in a loss.

My approach is to ignore the large Semafore until you have confirmation of a trend change. That confirmation occurred at the close of the red candle where I have put the arrow. There is a lower high shown by Dot 2, but that is not where you sell as Dot 2 could move up and become a new higher high (Large Semafor). We wait until price crosses the slow moving average and a CLOSED red candle, then you sell. Also the rsima should help keep you in the right direction, only sell where it is red.

Entering at the place I have shown is not too late and you would make some nice PIP$. You should be looking at closing the trade when the purple ZZ line appears and wait for the next setup.