maybe i should clarify my method: wait for a swing and a corrective move and enter on the correction.
that is it
that is it
Rewind Back 15 Years
- Thread starter padutrader
- Start date
closed trade i tick profit at .70267- last bar seen on chart
Last edited:
long audusd at .70218 at last bar seen on chart
sold audusd .70278
sold audusd .70196
my experience of rsi which is reinforced recently is it is totally useless.
All that divergence means is that the move which made a new high/low was made on less strength / momentum.
This hardly tells us anything of any use but only that the move will continue but at a slower rate
All that divergence means is that the move which made a new high/low was made on less strength / momentum.
This hardly tells us anything of any use but only that the move will continue but at a slower rate
long audusd at .70038
