xard777 wrote: Tue Feb 11, 2020 2:08 am
XARD: I like to WAIT for the Opening Bell on the DOW then go with the BIAS
Today the BIAS on the 5 min DOW was UP off the Interim large Green Semafor (which was the 30 min white dot Pullback)
The Orange Box clearly showed the Bottom Green dot on the 5min with a nice cross giving traders +150 Pip$ easy.
Watch for the Orchid Semafor Top on the 5 min and we will have a very nice DOWN move as the MAIN Trend continues.
So you mean for v10, even though there is a big red square box, we can trade using the circles too? Even though the green circle contradicts the big red box?
Also, do we still use M1 chart? Or it's best to trade everything from the M5 chart alone?
XARD: Yes, v10 you can trade using the circle too as they are an interim BIAS (Pulback on the 30 min) then return to the MAIN Trend after the 2nd Circle Dot.
Probably best to just use 5 Min chart but 1 min, 5 min & 15 min chart will show 30 Min Square Semafor and Circle Semafor... Let the games begin :-)
This morning both DOW & HK were in a Pullback giving trades worth +550 Pip$ between them and this afternoon at the opening Bell you could have reaped another +300 Pip$
... And that was just on the Pullback move - how much will you reap on the continued MAIN DOWN move (still to come).