Just one example of many set ups today.
Wednesday, April 12, 2017
DAX Apr 17
I was late this morning and didn't get this but another example on DAX. Between its open and London open (green line) there are buy and sell 3 bar reversal signals. The 1 min moving averages would keep me out of any sells. The 1 min chart highlights the 1 min higher low 10.13 chart time. Good angle and separation on the moving averages.
Just one example of many set ups today.
Just one example of many set ups today.
GBPJPY EURJPY 14 Apr 17 which one to trade
Which pair to trade. All 4 pairs GU/GJ, EU/EJ had 3 bar sell signals on the close of either the 12.05 or 12.10 candles. All the set ups were valid, double tops or lower highs, pairs agreeing. So which to trade?
The red lines on the 1 min charts for GJ and EJ show the close of the 5 min candle that had the 3 bar reversal signal and the next 1 min lower high at 12.30 chart time. GJ's moving averages are a mess, EJ has the nice angle and separation that I am looking for.
The red lines on the 1 min charts for GJ and EJ show the close of the 5 min candle that had the 3 bar reversal signal and the next 1 min lower high at 12.30 chart time. GJ's moving averages are a mess, EJ has the nice angle and separation that I am looking for.
Wednesday, April 5, 2017
DAX30 GBPJPY GBPUSD 5 April 2017
Having a good success rate with filtering trades with the Awesome Oscillator in conjunction with the normal higher low/lower high with the 3 bar reversal signal buying above/selling below the moving averages.
DAX30 just after London open. The red line on 5 min shows where requirements are met (AO, 3 bar reversal sell, lower high. The red line on 1 minute shows where the 5 minute set up candle closes, the very next 1 min negative close confirms the lower high for entry just below 12275. Decent angle and separation on the moving averages.
There are two signals highlighted on GBPJPY 5 minute, 9.10 and 9.45 chart time. GBPUSD was agreeing.
The 1 minute red line at 9.14 shows the close of the 5 min candle, the lower high follows 6 minutes later, Entry just below 137.65, again note the angle and separation on the moving averages.
The next set up is from 9.49 on the 1 minute which I did not consider. There was no 3 bar reversal signal (that happens sometimes as the 5 min stochastic was below the 50 level) and the 1 minute moving averages did not have the angle and separation I look for.
DAX30 just after London open. The red line on 5 min shows where requirements are met (AO, 3 bar reversal sell, lower high. The red line on 1 minute shows where the 5 minute set up candle closes, the very next 1 min negative close confirms the lower high for entry just below 12275. Decent angle and separation on the moving averages.
There are two signals highlighted on GBPJPY 5 minute, 9.10 and 9.45 chart time. GBPUSD was agreeing.
The 1 minute red line at 9.14 shows the close of the 5 min candle, the lower high follows 6 minutes later, Entry just below 137.65, again note the angle and separation on the moving averages.
The next set up is from 9.49 on the 1 minute which I did not consider. There was no 3 bar reversal signal (that happens sometimes as the 5 min stochastic was below the 50 level) and the 1 minute moving averages did not have the angle and separation I look for.
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