Thanks for the time taken to reply pips4life
Actually I find this “Separation” technique very leading so I want to use it along with VSA (for the context part). In this case I just wanted to see how good a pure separation signal is, so I guess such signals are only good for small profits.
are you talking about the close of the bar that is right before bar A? so in that case even if there's a separation after this bar, it is invalid? that's what you mean?
so a mere "Separation" is not enough or may be good enough for small profits?
yes you are right about this, can you show the correct way of drawing a fork on such a chart please?
Actually I find this “Separation” technique very leading so I want to use it along with VSA (for the context part). In this case I just wanted to see how good a pure separation signal is, so I guess such signals are only good for small profits.
DislikedEven on M30, you have a close above the ML. Why trade short there?Ignored
DislikedIn my observations of your chart, you have an upsloping medianline. Price rose to meet it, and exceeded it before retreating. It *did* in fact fall, but only to about where the quartile line would be had you drawn it. Maybe a small short could have been traded, but not likely with very good R:RIgnored
DislikedYour upsloping pitchfork has a point A (you didn't show) that is just barely lower than CIgnored
The loss was not bad luck. It was bad Analysis - D.Einhorn