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Quote from dejatrader:

yoohoo, I was looking at a 12/26 EMA crossover which followed about 10-15 minutes of consolidation. I was expecting a very fast break which didn't materialize this time.
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Can't comment on 12/26 crossover and still don't know what timeframes you are looking at?
 
Looks like I was right about the follow-up moves in the Franc and Yen too. My sense of direction was right and my timing was good, my stop was just too tight this time, but like I said I was expecting a quick rally.
 
Quote from yoohoo:Can't comment on 12/26 crossover and still don't know what timeframes you are looking at?
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Sorry, just the 1 minute by itself.

Aussie is joining the party now too, and the Kiwi is thinking about it but it's a bit indecisive at the moment, doesn't know if it wants to rally or continue the downtrend. I'm watching for a break of 0.7969 for a reversal on NZDUSD.
 
dejatrader - without multiple timeframes I have no sense of bearings. I need a framework to work from. If I had to pick one only I would use 5 mins.

I think you are severly handicapping yourself imho.
 
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