Dislikedyou really dont get it? he did not say dont look at the closing candles he said dont look at themon 15 min as it is not a trend!
it is for daytraders and trend means longer term than this
even if you are a daytrader you should first check the main trend on 4 hour or daily chart and then dive into 5 or 15min and trande with the trend or the bounce or whatever
but only looking at the 15 min chart closing it really is just as he said: noise...
but of course, everybody is on his own here so do whatever you think fits for you the best
good...Ignored
- Post #612,542
- Quote
- Mar 20, 2012 5:40pm Mar 20, 2012 5:40pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Post #612,545
- Quote
- Mar 20, 2012 5:52pm Mar 20, 2012 5:52pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Post #612,546
- Quote
- Mar 20, 2012 5:52pm Mar 20, 2012 5:52pm
Speculation converts one man's capital into another man's income
- Post #612,552
- Quote
- Mar 20, 2012 6:23pm Mar 20, 2012 6:23pm
- Joined May 2009 | Status: Member | 2,162 Posts
- Post #612,556
- Quote
- Mar 20, 2012 6:57pm Mar 20, 2012 6:57pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Post #612,557
- Quote
- Mar 20, 2012 7:00pm Mar 20, 2012 7:00pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- Post #612,560
- Quote
- Mar 20, 2012 7:07pm Mar 20, 2012 7:07pm
- Joined Mar 2008 | Status: Fooled By Randomness | 8,146 Posts
When life gives you lemons, make lemonade