Hello Gladi39,
Just an observation, watch the semaphores, when the first appear they normally get pushed around a lot until they stick. I think you are cutting your profits short by closing out when the first appear. Its almost like a guarantee the market will go further when they first appear. Ive never seen a semaphore appear and instantly reverse unless it was a market spike, and you can see those happening. Just something to think about, just observe them when they appear, i think you will see the same. (the big ones, i dont worry about the small ones) Keep up the good trades.
For me zz semaphor is a signal the price can turn, soo if i have sufficient pips i get out , not all people have the same way of trade, other way can be trailling stop lost and see where the price go. Im little conservative. If you see the semaphor have doble signal ( big double color) when i cut the tradepipalong wrote: Fri May 08, 2020 12:04 am
Just an observation, watch the semaphores, when the first appear they normally get pushed around a lot until they stick. I think you are cutting your profits short by closing out when the first appear. Its almost like a guarantee the market will go further when they first appear. Ive never seen a semaphore appear and instantly reverse unless it was a market spike, and you can see those happening. Just something to think about, just observe them when they appear, i think you will see the same. (the big ones, i dont worry about the small ones) Keep up the good trades.
pipalong wrote: Fri May 08, 2020 12:04 am
Just an observation, watch the semaphores, when the first appear they normally get pushed around a lot until they stick. I think you are cutting your profits short by closing out when the first appear. Its almost like a guarantee the market will go further when they first appear. Ive never seen a semaphore appear and instantly reverse unless it was a market spike, and you can see those happening. Just something to think about, just observe them when they appear, i think you will see the same. (the big ones, i dont worry about the small ones) Keep up the good trades.
The semaphores are a leading indicator, meant to catch tops and bottoms, if price makes a new high, the semaphore will move to the new high.RZAMK wrote: Fri May 08, 2020 4:04 am What do you think about both Semaphores and Spike are repainting?
Could they disappear with the price movement?
How reliable are they?
Semaphor and spyke are not confirmations to enter just put you in the way where the price maybe will go. and thats the idea beacouse dont exist a no repaint indicator that read the future, you must take the trade based in your knowledge, patterns, support and ressistencias, trend, and a lot of time in front of the screen. the indicators are actors in the big picture but will not show you the exact point to enter.RZAMK wrote: Fri May 08, 2020 4:04 am
What do you think about both Semaphores and Spike are repainting?
Could they disappear with the price movement?
How reliable are they?
Thanks for your explanationS.pipalong wrote: Fri May 08, 2020 5:47 am
The semaphores are a leading indicator, meant to catch tops and bottoms, if price makes a new high, the semaphore will move to the new high.
When you see a new semaphore forms it should tell you a reversal is coming, but it could push that dot 100s more pips before it does.
Repainting indicators are fine if you know how to use them. This system has confirmation built in, when you see one form you have to wait for confirmation of the trend change before taking action. If you are already in a trade you need to start planning your exit. At least thats how i trade them. Rarely do they ever just print and reverse, your talking holy grail stuff there.
I dont really care for the spike indicator. With the semaphore at least i can see price pushing it around, but with the spike indicator if you refresh your screen or change time frames and go back and it just disappears, that could set you up for failure. Im still watching it just to see if i have a use for it.
pipalong wrote: Fri May 08, 2020 5:47 am
The semaphores are a leading indicator, meant to catch tops and bottoms, if price makes a new high, the semaphore will move to the new high.
When you see a new semaphore forms it should tell you a reversal is coming, but it could push that dot 100s more pips before it does.
Repainting indicators are fine if you know how to use them. This system has confirmation built in, when you see one form you have to wait for confirmation of the trend change before taking action. If you are already in a trade you need to start planning your exit. At least thats how i trade them. Rarely do they ever just print and reverse, your talking holy grail stuff there.
I dont really care for the spike indicator. With the semaphore at least i can see price pushing it around, but with the spike indicator if you refresh your screen or change time frames and go back and it just disappears, that could set you up for failure. Im still watching it just to see if i have a use for it.
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