NFX training recap 08/09

Cmo + fisher transform + Bollinger bands
The fisher transform is a sentiment indicator
Lets get the settings up:
our fisher line is blue our trigger line is orange
1.5 is red
0.75 is orange
0 is yellow
0.75 is mint green
1.5 is dark green
So were looking to use this in a trending market so we are looking for a sell if
it hits the yellow line 3 min sell
if it hits the orange or red it’s a 5 min sell
so we are look for our cmo to hit the 50 line and for our fisher to be alined for extra confluence we can bring up the bolinger band

For and up trending market we wait for the trigger line to drop to the 50 % mark this tells us get ready for a potential reversal
we see it hit we switch to our trigger indicator
When we see our triggers drop to;
yellow we enter a 3 min buy trade
Light or dark green 5 min trade
For and down trending market we wait for the trigger line to cilmb to the 50 % mark this tells us get ready for a potential reversal
we see it hit we switch to our trigger indicator
When we see our triggers rise to;
yellow we enter a 3 min sell trade
Orange or red 5 min trade