Disliked{quote} Hi Strat, May be a silly question. This means, all the shooting stars and hammers that we find is only at a boss level and not at a worker level? Is that the right understanding. For example, couple of days back there was a Shooting star in AUDJPY, which me and Yoki discussed. As per this statement, it is not a signal to do anything, right? THanks BeeceeIgnored
This means, all the shooting stars and hammers that we find is only at a boss level and not at a worker level? Is that the right understanding
No, definitely not! You are taking things literally instead of THINKING like those who are making PRICE move - the Big Boys. Every candle on every chart, no matter what the time frame is, is IMPORTANT and means something.
So what are Shooting Stars and Hammers on the Worker telling us?
there was a Shooting star in AUDJPY, which me and Yoki discussed. As per this statement, it is not a signal to do anything, right?
By making this statement you have COMPLETELY forgotten about The Power of Time Frames and also, WEEKLY CONTROL CANDLES. You must go back and study but more important, UNDERSTAND them.
Yoki has posted the chart from my Power of Time Frames - make sure you UNDERSTAND it and make sure you KNOW who is controlling who.
Now, forgetting the PRICE action after the AUDJPY Shooting Star on the Worker, what is that telling you?
Here is another Worker situation - what is that telling you?
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15 YEARS OF PASR ON FOREX FACTORY!