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KO
koolblue
Rep: 48,651
Posts: 16,032
Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...
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JO
John14
Rep: 230
Posts: 32
Koolblue,
After watching the charts in live action I am noticing the PRC2 bands are not stationary on Ninja. In other words they move up and down after the current candle closes. I have noticed movements as much as 10+ticks. Is this normal and what do you do to figure in a slippage factor? Thanks for your help.
john
After watching the charts in live action I am noticing the PRC2 bands are not stationary on Ninja. In other words they move up and down after the current candle closes. I have noticed movements as much as 10+ticks. Is this normal and what do you do to figure in a slippage factor? Thanks for your help.
john
KO
koolblue
Rep: 48,651
Posts: 16,032
Originally posted by John14THATS WHAT YOU WANT!!! You want them to be self adjusting constantly ..therin lies their power!...In time you will get used to them and you'll see the beauty of fading a move when it surges past them!
Koolblue,
After watching the charts in live action I am noticing the PRC2 bands are not stationary on Ninja. In other words they move up and down after the current candle closes. I have noticed movements as much as 10+ticks. Is this normal and what do you do to figure in a slippage factor? Thanks for your help.
john
OP
optimusprime
Rep: 1,350
Posts: 147
in my opinion that's why you want to use them on 5min 30 min and 60+
Today for example around 6 am the 30 min showed a buy signal however, if you would have noticed the 5 minute chart, that was in play today. should you have taken the 30 min signal , you would have been severly punished. watching the right time frame is everything.. with that being said, if you would have used the 5 min charts that are inplay today.. you would have gained over 100 pts on the 6e
Today for example around 6 am the 30 min showed a buy signal however, if you would have noticed the 5 minute chart, that was in play today. should you have taken the 30 min signal , you would have been severly punished. watching the right time frame is everything.. with that being said, if you would have used the 5 min charts that are inplay today.. you would have gained over 100 pts on the 6e
KO
koolblue
Rep: 48,651
Posts: 16,032
next good short is at 1.4190-92 area ...5 min initial move from 1.4147 to 1.4164(the 2.618)..next buy scalp 1.4132-35...the 1.4174 high (which was the 1.618 of the above!) to 1.4159 ...