Songo
I would not perceive this as consolidation at present, just natural movement of the market over a few bars. There has not been any inside bars for example telling you of indecision and there hasn't been enough bars to make a consolidation period.
Are you sure you're not getting confused by all the other indicators you have on your chart? This is a trading without indicators thread.
Remember this comment by forexhard? (Post # 179 on page 12)
"Do not ask yourself if there is a possible trade. Instead, ask yourself if there is a confirmed strong consolidation in your future.
See the difference?
The trades will come. We know this. We don't have to guess. We are 100% positive the trade WILL COME... after a time of strong consolidation.
So find the perfect consolidation and your trades are guaranteed.
Look for the trade first and I guarantee nothing but continual heartbreak."
Di
I would not perceive this as consolidation at present, just natural movement of the market over a few bars. There has not been any inside bars for example telling you of indecision and there hasn't been enough bars to make a consolidation period.
Are you sure you're not getting confused by all the other indicators you have on your chart? This is a trading without indicators thread.
Remember this comment by forexhard? (Post # 179 on page 12)
"Do not ask yourself if there is a possible trade. Instead, ask yourself if there is a confirmed strong consolidation in your future.
See the difference?
The trades will come. We know this. We don't have to guess. We are 100% positive the trade WILL COME... after a time of strong consolidation.
So find the perfect consolidation and your trades are guaranteed.
Look for the trade first and I guarantee nothing but continual heartbreak."
Di