DislikedHI GEZ40,
How do you apply DIBS to the daily? As far as I understand (please correct me if I'm wrong) if we have an IB we should sell if it's below previous weekly close, and buy if it's above.
In this case the IB is below last week's close so only short trade should apply... right?
Regards,
LaranjaIgnored
Yes you are right, however, the 2 pins show some demand then an IB forms, as you can see it has broken out so you could have taken a few points.
Always trade with the trend...guess i was trying to be "smart" here..lol
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