Hello everyone, i have a question
the cycles will change according to changes in price and we are instructed to trade these cycles
we are told to consider the main big semafor as our intra day bias but that semafor can go a further 100-200 points so at this point how should we trade because we would be missing on alot of trades or we should wait for the market to turn in the direction of the semafor?
since the top semafor is there we should be taking only sell trades but if the market is still in uptrend and continues going up we will be missing all the long trades so how to overcome this issue? should we just ignore and avoid taking long trades after the big main semafor has appeared? or is there a filter or a way to know if the market can continue in up? maybe confirm with rsi?
if someone can please shed some light on this because this is really confusing and i have missed out on a lot trades
Thank you very much for your help