DislikedHave a look at gu yesterdays London session. There are 3 poss trades following 1 hr (OK 1 was 5 min entry right on 1hr close) that were PERFECT. 2 had zero drawdown apart from spread. Hint shooting stars in downtrend.Ignored
Hey Vantage I've attached my chart showing GU yesterday during the London session. I've only noticed 2 good signals that seem to be maybe what you're talking about. The first is the shooting star on the left (1st arrow) with the down trend. The second possible trade is the 2nd arrow, it's a bearish engulfing candle on my charts but with the down trend after a pullback. Both these occurred after 1 hour bearish candles and with the down trend.
The 3 x's on the chart are my guesses at the 3rd trade you mentioned. The last x furthest on the right is the only candle I see closing on the hour which is maybe the 3rd trade but it happened right after a decent up move. I'd appreciate if you could look over the chart and let me know what you think of my analysis and show me the 3rd trade and let me know what you think of the 2 trades I think were good opportunities.
Thanks for your help.
trublu