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When to trade
This morning Kagi and Dema moved out of the Keltner Channel at 0525 giving a good up trade from 1.9120 -1.9186 when a pivot was hit.
Dema ia a double exponential 5 day moving average which has been smoothed and tuned. It is a very reliable indicator when used with KC and Kagi. Today 1/12 Kagi has worked it's way along the upper Bollinger Band and above Dema until hitting resistance and then tracking sideways down and through Dema suggesting a reversal. Since 0900 Indicator 75 has shown a down trend. Stand aside.
The combination of Kagi, Keltner, Bollinger and Dema is a superb, easy to use and close to perfect entry/exit system.
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Homer
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