Thanks for the comments...but can't compression be an indication of Acc./Dist.? I just wanna learn what other method is out there to find Acc./Dist.
I also had a quick question that I would appreciate it if you could answer. We have huge compression on GBP/CAD on daily TF and when I look at lower TF's for, all I see is that the deeps are being bought. What are your thoughts on that?
I also had a quick question that I would appreciate it if you could answer. We have huge compression on GBP/CAD on daily TF and when I look at lower TF's for, all I see is that the deeps are being bought. What are your thoughts on that?
DislikedNo offence but you are blaming choppy range on a moving avee compression?
The reason we are in choppy range IMHO is cause we are in a bull flag that was gone to a 38% reatrcement of the daily up move off 1.2xxx
The retracements moves are always a real mess. Also when a pair accumualtes or distributes for the next move up it can also be choppy as pros play with prices confusing the hell out of everyone before they make their moves.
I am not deterred from a move to 1,4250 area..Just got to keep buying the dips. I will rethink 1.4250 if...Ignored