USU REVIEW 12/6/2016
Summary :
Last week, zoom out and then we can see that it was a strong downtrend before NFP. The bigger picture that it was a big ranging on that following month.
If it will pass through the general/Highest SRDC 1 price of ranging days, then there is an indication of a new trend. In addition, never forget that its is above/below the compass.
Please check in forum, how to know if its ranging. Search term "Ranging Day"
Please do : Candle lock Ambuyat Previous and Current 6 months backtest.
Use journal book, analysis everyday. Every single movement
1st question of Journal "Where is the price going for today?"
2nd Question of Journal "Is there any pending gap from previous day?"
1st analysis, what does SRDC 1 say? Time?
2nd analysis, so Ambuyat, does it answer some questions? . . . . . Last analysis, where do you think the price is going tomorrow? (Conclusion)
The pending gaps, base on what? Ambuyat Yesterday? Ambuyat Current? Ambuyat Candle Lock?
Confirm : The first hour is not valid. From my backtest, I will still be using yesterdays Ambuyat.
Do the conclusion, for example "I still don't know what the trend will be tomorrow, must wait and see on Monday." by the end of the day.
This was infact a powerful review which I believe one day will change the USU requirement. Great tool for traders. Have a journal~













