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@GFIs1 Thanks for your reply. Generally S&P 500 and DAX follows the same trend but I can see a divergence in last two days....Would you please explain more about SL and morning session entry and exits with some charts.
Regards
Can you help answer these questions from other members on NexusFi?
I am.. this will be ok hopefully from tomorrow (seen from the daily chart)
My intraday trade was a long for today to take some profits from the upmove after the long weekend
and closing in 30 minutes.
Over all the leg is still down. I haven't got a signal to go long - so it might be a little stretched for
the moment - but the goal is still short.
@GFIs12 Thanks for sharing I am clearly noticing divergence in DAX and US market i.e SPY. Also, I see short side of this method or any other technical method is less accurate than the long side of it....do you feel the same?
As you state - there are and may be critical divergences on US markets versus the European ones.
I am only following the Dax here - so there is no need to see indices moving always synchronous.
But the signals should give some reversal (if settings are right) as long as the market is "overly
moving in one directions".
As for long or short signals - I can not see a difference on the Dax so far..
We may have to follow the system a bit further to decide about accuracy.
@GFIs1 Yes, we are are right track....for DAX the bands expands based on start of the day values and based on US markets ...that is interesting to see but for SPY we don't have that kind of expansion in the bands...thanks for sharing your charts and knowledge....
@GFIs1 I am trying to set up my Ninja Trader would you please let me exact indicators you are using for this method, I just want to compare my TOS set up and NT set up and compare the signals.