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Re: XXXX Trading System "Money For Nothing" (except blood, sweat, tears and persistence)

XXXX, Thu Feb 09, 2023 11:45 am

Giangyforex wrote: Thu Feb 09, 2023 11:28 am Sorry Mr XXXX a little question , this dot in M5 appear like M15 dot but in M15 its appear like M5 dot , do you think is a valid sell against M30 dot ? and you think other M15 dots against M30 are usually good ? thanks for all :)
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I would be watching the yellow 200SMA line with the dots as well. Price may move lower but will it go much further? The 30 minute dot gives you a significant support level. So I think taking the short is not worth it, instead I would wait for it to make a low and look to buy but be careful at the 200 SMA. It may take a few attempts to break the 200SMA so take profit when price gets to it and then be ready to buy again when the 200 SMA is broken.

I am trading the JPN225 ATM and it is similar, I took a short but did not go far, then I bought and took profit at the 200SMA.
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