Nice clean H/L on gu 7R
Is this counter trend trade? I have no idea... intraday trend is up still..
Is this counter trend trade? I have no idea... intraday trend is up still..
What are Higher High, Higher Low, Lower High and Lower Low? 11 replies
How to program Higher-High Higher-Low 19 replies
Higher High/Higher Low indicator conversion from 4 to 5 decimals. Help anyone? 2 replies
Can u point me to code 2 show each bar with a higher high & higher low? 2 replies
DislikedSame as you Reflex. Can you perhaps space your candles out just a touch more to make them bigger, easier to read.
We exited at 25 level for +23.
This was against pos close 15 min candles but 15 min had upper wick and the vol in move up on 5 min clearly falling away. The res area is clearly shown on 5 min at the 5565 W pivot. The 7RB entry was there but showing the 5 min as for us it just seemed to show the res area clearer.Ignored
DislikedSame as you Reflex. Can you perhaps space your candles out just a touch more to make them bigger, easier to read.
We exited at 25 level for +23.
This was against pos close 15 min candles but 15 min had upper wick and the vol in move up on 5 min clearly falling away. The res area is clearly shown on 5 min at the 5565 W pivot. The 7RB entry was there but showing the 5 min as for us it just seemed to show the res area clearer.Ignored
DislikedLooks like this was the trade of the morning, you,Islander,Eyevoltage and more than likely Medici. If I'd known you were all in I'd have risked 50% haha (joke.)Ignored
DislikedHi guys
Coming to crash your lovely thread! Have been making my way through this thread today and lots and lots of fab information to help the (relative) novice, so thank you!
Just a quick question re GU today. The 15:35 (M5) candle was the start of a 2b reversal. Would you have taken the trade given that the weekly pivot was so close? Or am I reading it completely wrong?Ignored
I had visitors and missed it completely.
DislikedHello Vantage, thank you for your response.
I am sorry, but I think I am being a bit blonde here. I thought that the 2b reversal was a penetration of a previous high (or low) which the 15:35 bar was, followed by an immediate rejection of the price. Entry should be taken at the low (or high) of the piercing candle.
I have obviously misunderstood if the pattern didn't come into play until 16.05. Do you have time to help?
ThanksIgnored
DislikedI see 2b as a classic 1 2 3 M or W pattern. The 2b M should have a slightly higher right shoulder and the 2b W slightly lower right shoulder.
I've attached the 5 min with a 2b high.
The low I thought was a treble bottom and not a 2b low.
But thats splitting hairs as 2bs, dble btm/tops and hl/lh's are all rejection patterns and thats what we are interested in.
Add in a key level and some vsa help, perhaps some divergence and you have a decent set up.Ignored