I'll be showing my newb-ness here for sure, but I haven't used the PSAR in depth at all.
I just noticed something interesting, though... when the dot changes sides, its value is the same as the most recent corresponding swing high or low.
So in other words, the value of the USDJPY dot on 6/20 is 108.57, which is the same swing high value of the candle on 6/16 from which it is calculated.
Most of you probably already know this, but it will help me figure out where to place my stops for secondary trades in the future.
-Dave
I just noticed something interesting, though... when the dot changes sides, its value is the same as the most recent corresponding swing high or low.
So in other words, the value of the USDJPY dot on 6/20 is 108.57, which is the same swing high value of the candle on 6/16 from which it is calculated.
Most of you probably already know this, but it will help me figure out where to place my stops for secondary trades in the future.
-Dave