Determining which signal to take

[kon]

All,

Yesterday at 2 AM EST, there was a buy LMT signal on both the EUR/USD and GPB/USD. According to the advanced rules, since these are usually correlated, we should we only pick one? If so, what kind of analysis do you use to pick the correct one? Is this a time where more fundamental analysis comes into play?

Right now both have hit their initial targets and continue to move upwards.

Thanks.

Kon

[marc walton]

Hi Kon. look for the one that has the best potential free space above: ie if 1 pair is closer to a recent high/low/support and resistance area. I wait for pullbacks so that I have at least a potential double of the stop loss, regards, marc

[Melpipsen]

Do people still buy LMT, or has the blog replaced it?