@6.25, why wasn't the buy signal triggered sometime in Apr (since RSI crossed 30 there 1st) but instead it was recommended that the signal occur in May?
gray, I am not sure the answer to that question but I use multiple charts for the same future or forex. What I mean is I use different time values or values for E-Mini Dow YM for example. I'll use 1 Minute, 5 Minute and 15 Minutes. This allows me to see different views and angles if you will. If I'm looking at the 1 Minute and it shows divergence and the it goes from below to above the 30 level in the RSI I still check the 5 and 15 minute chart. This gives a clear picture to go in or not.
@6.25, why wasn't the buy signal triggered sometime in Apr (since RSI crossed 30 there 1st) but instead it was recommended that the signal occur in May?
graykin22 2 years ago
gray, I am not sure the answer to that question but I use multiple charts for the same future or forex. What I mean is I use different time values or values for E-Mini Dow YM for example. I'll use 1 Minute, 5 Minute and 15 Minutes. This allows me to see different views and angles if you will. If I'm looking at the 1 Minute and it shows divergence and the it goes from below to above the 30 level in the RSI I still check the 5 and 15 minute chart. This gives a clear picture to go in or not.
gretscher 1 year ago
Very nice presentation of this material!!
Thank you for sharing with all...
Mrbignutzful 2 years ago
VERY HELPFUL, THANK YOU!!
queenssupreme1 2 years ago