DislikedHey Imp
Certainly no guru here just someone who has been doing things a certain way.
MikeIgnored
DislikedHey Imp
For me what makes a good bar can change depending on the situation. using the cad/chf to me this bar is simply not one I want to catch the bottom on. I think of it like this. If you drop a knife point down from above your head and put your other hand palm out as low as you can hold your other hand it is going to HURT(ps don't try this at home lol). Now if you place a knife and drop it where your hands are very close together it is not going to hurt much.
MikeIgnored
I understand I will have to hear and learn from what you and other gurus here manage their trading and see how that fits in with my personality. e.g. I used to think R:2R+ was critical to take any trade, but now after reading this thread, I feel more comfortable in moving stop to BE at first FTA ( even if that means I may be stopped out and miss out on a great move). For my personality, preserving capital is more important than getting high returns.
As I see more and more charts, I will get 'feel' of the PA. You might see some stupid questions from me :-) , always appreciate your advice.
cheers