Daily EUR/USD trades

Quote from Buy1Sell2:

The DMI/ADX study showed a long signal at yesterday's close on the Euro FX daily chart. (Even with RSI high). There is no reason to be short Euro FX right now. Good luck with your ES trade.
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Could you maybe post a chart here, I would like to see as I don't have it on this program, thanks again.
 
Quote from romik:

What rules do you personally follow when analysing DMI and I assume daily would be your minimum TF?
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DMI is best on daily and wekly charts. 240 maybe. It is more of a confirmation of signals that I have already taken and tends to help kep me in a trade. I would look at the ADX rising 4 ponts from it's low point as a confirmation and at that point you only look for one direction of trades to add to your position. If Blue line is the high line, then longs and vice versa.
 
Quote from Buy1Sell2:

DMI is best on daily and wekly charts. 240 maybe. It is more of a confirmation of signals that I have already taken and tends to help kep me in a trade. I would look at the ADX rising 4 ponts from it's low point as a confirmation and at that point you only look for one direction of trades to add to your position. If Blue line is the high line, then longs and vice versa.
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And last one B1, what about a presence of a divergence vs ADX above DI+, like on ESZ6 daily at the moment? Which one is a stronger signal IYO?
 
I'm not in EUR/USD. I've been unable to press the buy key. The sheer stupidity of the move and r/r ratio is over riding the greed initiative center of my brain.

But I managed to eek a long AUD/USD position, a short USD/CAD position and a couple of cross plays.

I just want the EUR to go up and up until the market shoots itself in the foot by making the ECB back off. I love it when that happens.
 
Quote from romik:

And last one B1, what about a presence of a divergence vs ADX above DI+, like on ESZ6 daily at the moment? Which one is a stronger signal IYO?
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I always defer to RSI before DMI although you can have divergences in DMI since the DI+ is the same type of indicator as RSI.
 
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