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Old 06-24-2009, 08:20 PM
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phil838 phil838 is offline
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Join Date: Aug 2008
Location: Arkansas, USA
Posts: 1,783
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It's a common newbie misktake, so don't feel bad, but that was not a valid crossover. Once a candle closes and generates a crossover it's set in stone, the next candle cannot erase it from your charts and make it appear flat.

Remember the indicator isn't a buy signal, it's a warning of a possible buy signal.

If you're trading this system on EUR/USD you're going to get fakeouts like that a lot. I highly suggest you follow the rules and move to a more volatile pair such as GBP/USD.
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