Can ANYONE help PLEASE ?

[TrendlineBreak]

At the start of the day calculate the 24 and 72 hour pivot points and then look for the markets position. If it is above then the day will be an up day, below means a down day and confused signal usually means Range Bound

Phil,

Thanks for the mails, if you have time today could you explain in a bit more detail what you meant by the above, are you just talking about the position of the actual 24 and 72 pp in relation to the current price

Thanks

Jusco,

With the CCI settings you may want to have a look at CCI 25 and CCI 50, they give the same big moves as 14 + 28 but tend to have less false signals when the market is choppy, they also miss some of the smaller moves but that is the pay-off you have to make.

[firedave]

Hi TrendlineBreak, did you get my email ?

[TrendlineBreak]

Thanks firedave I'll have a look when I get time today.

What did you think of my Double Double DEMA Chart ?

[firedave]

Originally posted by TrendlineBreak
Thanks firedave I'll have a look when I get time today.

What did you think of my Double Double DEMA Chart ?

Hi TrendlineBreak, I think I still need your guidance and Phil to understand what this DEMA advantage from original EMA

[TrendlineBreak]

Only real advantage I can see is that it tends to be a lot smoother, I will put a chart of normal EMA up for comparison

[TrendlineBreak]

See what you mean, on the periods I have chosen there is little if any difference between the DEMA and a 5-8 EMA open close, worth a look, maybe phil can help.

What do you think the GBP will do today, carry on up as it has been all morning or take a lead from the EUR and CHF that are going in exactly the opposite direction.

[TrendlineBreak]

JUSCO - Sorry if we (I) have changed your thread a bit, hopefully the discussion is useful, if you want I will open a seperate thread, if not ...


Today is a prime example of a problem I have, I got to my desk at 7am, an up signal had been given at 5am on the GBP, do you jump in late expecting it to continue even though you are officially going against your rules because you should have traded 2 hours earlier, or do you wait to see if it turns and gives you a signal in the opposite direction, in the meantime watching the market go up from 19138 to 19190 ?

Whats your take in this situation.

Probably get up earlier !

[Jusco]

No problem,

Hopefully I will get to your level as well, in the meantime will absorb as much as I can.