Using multiple MA formulas to find weaknesses in trends. Slowing them down paints a much better picture for you.
Using
Detrended price oscillator
SMI
Ultimate Oscillator
Chaikin money flow
Slow Stochastic
Slow volume oscillator
Use faster charts with same concent to scalp
If uncertain about 1 indicator alerting of cross, wait for 1,2, or 3 more alert of cross as well. = More coservative entry
Using
Detrended price oscillator
SMI
Ultimate Oscillator
Chaikin money flow
Slow Stochastic
Slow volume oscillator
Use faster charts with same concent to scalp
If uncertain about 1 indicator alerting of cross, wait for 1,2, or 3 more alert of cross as well. = More coservative entry
Trade closed: target reached
First Take profit Short 17.19Cover = 16.98
1.22%
Note
Note
Note
Backing off due to rise in DXYUSD/ZAR positive correlation to eurzar.
Dollar rise bad for eurzar as well.
Trade active
Entered at 17.186 Note
Trade closed: target reached
Trail stop trigger at 17.048= 1380 pips !
roughly 4500 pips in one week
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.