DislikedBUllish Outside Bar is a Price Action formation. BUOB, depending on its location, indicates a bullish direction of Price.
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- Post #5,474
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- Sep 17, 2008 2:26am Sep 17, 2008 2:26am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #5,475
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- Sep 17, 2008 3:38pm Sep 17, 2008 3:38pm
Market can stay irrational longer than you can stay solvent.
- Post #5,480
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- Sep 19, 2008 1:09am Sep 19, 2008 1:09am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.