I am not disagreeing with what Mb and Mamotot are saying, but, I consider PA to be proportionately weighted to its particular timeframe and the SR timeframe. For example, this trade on the hour went in the direction of the PA indication. Albeit the PA is not an indication of tomorrow, or next week's trend, but rather it is an indication of the next few hours. So, in essence, it is much more of a scalp or short term PA trade. I try to weight the bars proportionately to their respective time frames. To me this makes sense because after all, a bar is an increment of time. Why not trade it that way? Could we even say that a one hour PA set up; sitting on larger timeframe confluence would be even more reliable? I just think of it as dropping a marble on a concrete floor, the marble is definitely going to bounce, maybe not far, but it’s going to move! Dropping a bowling ball on glass, well, you know what will happen there. Just MHO.
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