Thank you everybody for answering my questions as I try to figure out the Vegas 4H model..
I had a question concerning the weekly part of things..
If the 5 is running away from the 21 on the weekly chart, then we are in a confirmed strong trend, and I trade on that side only on the 4H chart. That part I got.
My question is, what if the 21 is catching up to the 5? I mean, what if the market starts to stall in the weekly? Do we just then sit back and wait again, or do we still trade on the same side, but more cautiously?
When a market is about to reverse, the 5 should be running into the 21 and then crossing over and establishing a trend in the other direction. My question is, do we trade during this time?
Thanks!
I had a question concerning the weekly part of things..
If the 5 is running away from the 21 on the weekly chart, then we are in a confirmed strong trend, and I trade on that side only on the 4H chart. That part I got.
My question is, what if the 21 is catching up to the 5? I mean, what if the market starts to stall in the weekly? Do we just then sit back and wait again, or do we still trade on the same side, but more cautiously?
When a market is about to reverse, the 5 should be running into the 21 and then crossing over and establishing a trend in the other direction. My question is, do we trade during this time?
Thanks!
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