Disliked{quote} hi strat, how can you use wcc in 1m trading? i suppose it's useful if you hold a trade longer or if the price is at the high / low of the wcc, etcIgnored
Institutional traders trading on W1 and higher are investors for the long haul. They soak up the pull backs with their deep pockets and add on at discount (lower PRICE). While all shorter time frames turn first they will eventually move in line with the Institutional investors.
Take today for example, PRICE is above the WCC and London showed no signs of selling so on M1 I wanted to be overall long
15 YEARS OF PASR ON FOREX FACTORY!
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