Is there a way to know if a signal is confirmed?

thread: Is there a way to know if a signal is confirmed?

  1. #1

    Is there a way to know if a signal is confirmed?

    Is there a means?

    Let say 30 minute chart saying is oversold and heading up tendency...
    however one hr chart saying is an overbought heading down trend soon.

    Is it consider unstable market?

    Enter only when both signal is same or?

  2. #2
    Member xw24's Avatar
    39
    I am assuming you are using stochastics or some thing similar to gauge if prices are overbought or oversold. These by themselves are not very reliable. It's not unusual to observe stochastics suggesting price is overbought/oversold only for it to continue in the exact same way for a considerable number of pips.

    Maybe best if you visit http://www.babypips.com/school/ and find out the fundamentals first

  3. #3
    Is there a way to know a sign?

    Let say 30 min chart stating is oversold and heading up trend...
    however one hr chart stating is an overbought heading down trend shortly.

    Is it consider shaky market?

    Enter only when both sign is same or?
    You have a long road in front of you

  4. #4
    Is there a way to understand a signal?

    Let say 30 min chart stating is oversold and heading up trend...
    but one hr chart stating is an overbought heading down trend soon.

    Is it consider shaky market?

    Input only when both signal is same or?
    Think about this deeply and use your common sense.

    Overbought and oversold signals come from a calculation based on price. Because it regards you calculated, the signal you will notice will come to you overdue.

    Occasionally late is ok but if you are going to exchange with overdue signs then you are going to get your ass handed to you and again.

    Best thing to do?

    STUDY PRICE!

  5. #5
    Think about this deeply and use your common sense.

    Overbought and oversold signals come out of a calculation based on price. Since it comes to you calculated, the sign you will see will come for you overdue.

    Sometimes late is ok but if you are going to exchange with overdue signs then you are likely to have your ass handed to you time and again.

    Best thing to do?

    STUDY PRICE!
    Late entries aren't bad in any way.

    Yeah screen-time and price action appears to be the mantra in this forum these days, and of course the famed plogy.

    All bullcrap if you ask me. (I know, nobody asked me, but I am giving you my view anyways)

  6. #6
    Stop wasting time... learn to see the price... go to babypips

    find out what's High, Low, Lower Low, Lower high, higher low, higher high... peak and valleys, support and resistance...

    just my 2pip...

  7. #7
    Junior Member Oxrinahg00's Avatar
    12
    Is there a way to understand a signal?

    Let state 30 minute chart saying is oversold and heading up trend...
    but one hr chart saying is an overbought heading down trend soon.

    Is it consider unstable market?

    Enter only when both signal is same ?
    You might want to begin with learning about price action rather than indiors forexpoor. Get a sense for fundamental technical analysis then add indiors if needed.

  8. #8
    Junior Member ttacar93's Avatar
    29
    You obviously don't have any idea what you're doing. Loe an EDGE!

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