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my two pics are both a 5 minute chart with different ma's. the first pic is ma's 12/42 and teh second is ma's 6/21. creekgeek is having me chart the highs and lows to see when the the boxes on both charts line up to give me a stronger indication of a long or short entry. the blue boxes is when it lines up. it can also tell me how long to stay in the trade by matching up the blue boxes and ignoring the yellow ones along the way. I hope this makes sense to someone bc im a little confused.
we will let you know how it turns out today.
its yucky and raining here puppy is going to get real wet today
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
Can you help answer these questions from other members on NexusFi?
chart #2 is a technical downtrend. we were looking for the short which is marked on chart #1. Chart 1 has the MA of 6/21 and Chart @ has MA of 12/42. Because we were in a tech downtrend on chart 2 we were focused on looking for a short at open. now we are waiting to see if we get a double reversal signnal on both charts.
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
f16
ok...chart 1 was used for my entry and now i have crossover trend line on both charts and im gonna do my best to ride them and stay in the long trade until both systems show short setups.
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
ok...i am reposting bc i forgot to put the pic up with the bar.
ok...the A's on both chart represent the time you have b4 the ma crosses trend. they are pretty much the same on both charts. hmmmmmmm
29 Minutes Ago 10:21 AM
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005
the chart has given us a signal exit bc the 12/42 ma's have crossed. but since they crossed on an uptrend, we will continue to hold the position. but at this time we should have a system exit and gone short at 13.97 but i don't feel the short is valid bc the cross occurred above jumper.
ps. i taught creeker how to embed today!
:when you cheat -you only cheat yourself
refer to post # 470 & 527 & 930
option traders refer to post 996 thru 1005