EJ. Both Momentum and Strength supported.

As simple as possible: 00 level trading

EJ

As simple as possible: 00 level trading

iwan, LO on my charts is still 30 minutes away. Maybe i need to check it again...

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GY to TP

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EU to tp

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Gvc, Thanks for the latest dashboard. Any progress on Forex Strength based on TradeStations "Measuring Forex Strength"?

Dashboard Trading

Thanks. Seems to be working fine.

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Thanks Vlad. Your indi alerted me for all of my trades today. Can it also take Daily Open as additional variable?

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AU short guided by strength meter. Note the momentum by positive slippage at close of trade. Intervening S1 pivot ignored.

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Well, then my charts are showing a different DO (177.4820), with previous candle close above DO. Both GU and UJ were moving up. I rate this more than strength meter. So each to his/her own interpretations.

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Apparently 'pierced' works with L1. In my experience the concepts of 'penetration' and 'break' are more applicable to trend lines, when the trend line gets punctured and retreats. As a result the candle does not close past the trend line. There ...

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Yes, but that daily pivot was broken by previous candle.

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2nd trade to TP... though previous big candle was a concern..

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Understood. Thank you sir.

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Udine Sir, I've a question which is in my mind since you posted L1 entry as "ASH COLOR CHANGE TO MCANDLE COLOR". I've been finding that by the time second ASH appears, momentum in price is already waned. Also, please confirm that number of bars in ...

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Thanks hayseed. Your chart is a beauty! I love such clean price data interpretation.

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EY to TP

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UJ to TP

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No, it will work only on the chart its running in.

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Difficult to find setup in this downtrend, except occasional L2.

As simple as possible: 00 level trading