Monday 23 June 2014

No Clear Trendline = No Clear Trade...... Clear Trendline = Trade as and When MAs Clear

Getting back into the swing by just PA again. My trade direction has for sometime been the 8/20 (8 abv 20 = long,  8blw 20 = short).  I have however had some issues with this in the past, particularly in ranges when this "direction" can chop about. Friday I was watching the EU, EJ, and GU and noticed the following...

Clear Trend-line(s) = Trade as and when Moving Averages are clear
No Clear Trend-line =  No Trades even if Moving averages are clear

EU Obs...(Clear TL and MAs = Clear Trades)
EJ Obs... (Clear TL but unclear MA's = No Trades)
GU Obs... (No Clear TL, even with a obvious MAs =  Not trades)


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