Quote:
Originally Posted by Hypochondriac
Another question for this system. The gray line on the chart below is the cross over. The yellow line is the 5 EMA the blue line is the 10 EMA it's a 4 hour chart.
So what would I be looking for on the 15m charts? The trend seems to be up, but shouldn't I still be looking to short because the 5 EMA hasn't crossed over the 10 EMA on the 4H charts?
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The 4H trend is currently down, so you would be looking for short trades on the 15M chart. For the Cowabunga system it doesn't matter that the trend was 2 days ago, only what it is now.
