Dislikedhi all, i just wanted to know if it is ok to take a trade just off the ppv zones or we need the bar confirmation like, BEOB, BUOB, pin bar before we take the trade, i do at times look for confluence like, trend, moving average, fibs, etc. its quite hard to find all these confluence together. Suggestions please DenIgnored
We like to recommend like James says for new traders to look for bar confirmations at areas of confluence. But it is not necessary. Many of us trade both with and without bar confirmations. I recommend learning the bars first as it will help you understand your chart better as well
Best
Mike