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northam43

07/23/18 10:40 AM

#20254 RE: GLENO34 #20252

Yes a strong trend at higher time frames will mess up projections at lower time frames, in a Bull market the Bull phases will initially exceed projections & Bear phases will miss projections, in a Bear market it will be reversed. I don't trade on projections, I trade on confirmed extended phases. That means the indicators have to be in the correct position & average duration requirements have to be met. You can't focus on just one time frame. If the Monthly is going into a down phase, the 60 min & Daily initial down phases will likely be over extended (super cycle down phase). If the MACD (12,26.9) is close to the zero line, you can have a lot of volitility depending on the time frame (60 min, Daily, Weekly, Monthly).