The issue as I understand it is that the 20DMF missed a buy signal late last year because conditions didn't reach the oversold level by a very small margin. What would the robot advise in case the 20DMF was on a long signal ?
The issue as I understand it is that the 20DMF missed a buy signal late last year because conditions didn't reach the oversold level by a very small margin. What would the robot advise in case the 20DMF was on a long signal ?
I think that the Robot would be long from the 20DMF Buy signal date and would now have a neutral or even mixed setting, which means either keep its long position or sell it as the ST negative edges would be rather strong. I believe that the Robot would have a positive LT edge and a negative ST edge pushing it to the sidelines.
Pascal
A short signal from the 20DMF would make it a confirmed trade.
They key is the Euro/US$ relation. I will post updates on the EV web site of the Futures, which have been good at detecting changes. We now have a Euro short squeeze. This might last until tomorrow. If this last longer, then it means that maybe something significant is changing toward the US$ stance (stealth devaluation policy) and/or the Euro policy (All problems temporarily solved in the Euro zone.)
Pascal