Quote:
Originally Posted by et_phonehome_2
Mike,
If one had missed the initial long entry for the GBPUSD using the 8and8 Band Method, would you suggest one to use some other method or how would you use the 8and8, if at all?
As for the EURUSD going short, would you suggest wait for the RSI to drop below 50?
ET
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First point - if it has shot up, leave it. If not, it really depends on the strength of the signal.
Second point - I'm only looking at going long on EURUSD until I see a trend reversal on the weekly charts. RSI numbers don't factor into it for me. Only price.