Roundtrip Tuesday Wrap Up
Roundtrip Tuesday Wrap Up
We painted another doji on the daily chart and thus closed near the open. The real fun of course was all in between:
On the hourly Zero we may be seeing some exhaustion here, which ties into my expectation of a small retracement in the making. The Zero Lite was sweet as honey today – text book divergence at the top and now it’s hinting that the lower standard deviation level around 1325 should hold. Well, we shall see tomorrow morning – a lot can happen in AH tape.
ZeroFX running since yesterday evening – what’s really interesting are those blue exhaustion spikes. For some reason they don’t show up when I load historical data. May be the way I wrote the indicator or may be because some of that data gets lost. I especially like the channels on the 1000T EUR/USD panel.
I am currently playing with the 4000T settings (again closely related to 30min periods) and believe I can improve the settings a bit. More about this later in the week.
Cheers,
Mole
