DislikedI've only recently finished reading all of CP's posts and threads. My whole perspective about the market has changed but I'm not quite there yet. I still have a long way to go but I think I am finally moving on the right track. I'll try to explain time the way I see it. Let's take the 1min chart for example. Every minute a new candle will form no matter what. If there were no trades in 4 minutes, 4 candles will still form. They will just look like dashes with OHLC = the same number. Things on the tick chart would look different. There will be no...Ignored
Has nothing to do with time. Price trends up or down from reference price(s). Time can be better served as an exit/management tool. Where is price based on the prior day/week open? That's prevailing trend until it's not. The prevailing trend can be self defined. Just respect it.