2. In static RM situation is more clear DT or DB have same price lvls or close each other.
Do we have to look to acordingly to TL or to price lvls ?
I hope it is more clear now
M candles / Custom candles for second charts 1 reply
Calculating only buy candles vs sell candles 2 replies
Platform which enables the rewinding of candles 3 replies
Missing candles? 1 reply
I need more candles! 4 replies
DislikedQuite an intresting way to interpret price action!
Confluence of signals is the key, in my opinion. When you get add the ducks in the row simultaneously, your changes of success is greater.
for example:
-bullish Pinbar formed at strong support level
-Pinbar close above the support (suppport level has passed the strenght test)
-Higher High Higher Low-definition of trend (the moneyflow is up)
-Reward/Risk >2 (open at pinbar close, stoploss at pinbar low, target latest high) (trade is worth of taking, more money behind the trade)Ignored
DislikedAUDCAD
I was going to put same chart AUDCAD ... ;-)
and AUDNZD seems to be interesting , also SP 500 index .Ignored
Disliked
S&P is very similar to DJ and we see that the big move starts with a strong buyers reaction as a M BUOB.Ignored