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Ok so if we entered short, we should be stopped out. The volume is still going up and the price didnt go down as we think it should. It went the other way. Its fine, market moves that way, no 100% winner. So our next aticipation is going long. But where do we enter? Do we enter now while the volume is rising? or do we wait for the candle to close? We dont know yet if the price is up or down until it closes. Now let say it closes. Where do we enter now? We already missed the up move. An on the next candle we dont know yet if the volume is up or down. These kind of scenario confuses me.
I think its just easy to analyze the chart history but I wonder if you can do the same in live chart where you dont see the future candle and future PL and future volume. Hope to hear your reply. Thanks.
Ok so if we entered short, we should be stopped out. The volume is still going up and the price didnt go down as we think it should. It went the other way. Its fine, market moves that way, no 100% winner. So our next aticipation is going long. But where do we enter? Do we enter now while the volume is rising? or do we wait for the candle to close? We dont know yet if the price is up or down until it closes. Now let say it closes. Where do we enter now? We already missed the up move. An on the next candle we dont know yet if the volume is up or down. These kind of scenario confuses me.
I think its just easy to analyze the chart history but I wonder if you can do the same in live chart where you dont see the future candle and future PL and future volume. Hope to hear your reply. Thanks.