Reply to thread

Message

Yesterday, I posted a buy signal off the 3h which at the time was not confirmed as the start of a new trend off the 3h. My position is to take all trades when signalled and employ suitable money management in the process. Today with the 3 hour trend indicator above 100, the 3h trend is confirmed and remains in effect until we get a cross below 100. As long as this stays at or above 100, new longs can be initiated by a cross of the signal FT back above midline if it falls back below. The daily Trend Indicator also suggests this trend will persists with a marginal cross above -100 already in place.[ATTACH=full]101689[/ATTACH] [ATTACH=full]101690[/ATTACH]

[QUOTE="gartley, post: 1063896, member: 63121"] Yesterday, I posted a buy signal off the 3h which at the time was not confirmed as the start of a new trend off the 3h. My position is to take all trades when signalled and employ suitable money management in the process. Today with the 3 hour trend indicator above 100, the 3h trend is confirmed and remains in effect until we get a cross below 100. As long as this stays at or above 100, new longs can be initiated by a cross of the signal FT back above midline if it falls back below. The daily Trend Indicator also suggests this trend will persists with a marginal cross above -100 already in place.[ATTACH=full]101689[/ATTACH] [ATTACH=full]101690[/ATTACH] [/QUOTE]

Verification