DislikedThe close is good as it relates to the previous bar, also how many bars it engulf is a good factor as well. Although swing high (BEOBs) won't engulf too many.
Heres a nice sizable BEOB on the same pair. Moving to B/E held up for a good amount of pips, better at the previous bar low or above the 1.7000.Ignored
- #61,543
- Apr 22, 2010 5:21am Apr 22, 2010 5:21am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .
- #61,544
- Apr 22, 2010 5:24am Apr 22, 2010 5:24am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #61,545
- Apr 22, 2010 5:38am Apr 22, 2010 5:38am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .
- #61,546
- Apr 22, 2010 5:41am Apr 22, 2010 5:41am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- #61,548
- Apr 22, 2010 5:46am Apr 22, 2010 5:46am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
I believe . . .
- #61,552
- Apr 22, 2010 6:57am Apr 22, 2010 6:57am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
- #61,555
- Apr 22, 2010 7:39am Apr 22, 2010 7:39am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts
- #61,558
- Apr 22, 2010 8:13am Apr 22, 2010 8:13am
- Joined Feb 2009 | Status: Borderline yahoo & oh-no! | 6,607 Posts