Disliked{quote} Also another tool I like. Generally if a pair is traded intradaywise above a weekly high, I like to look for long setups moreso than shorts and vice versa if it's below the weekly low. This applies to monthly too. A trend is nothing more than a succession of higher highs and lows or lower highs and lows, so this is an easy way to keep track of the bigger picture and to avoid screwing up. When price is within a weekly high and low, then we're most likely looking at a weekly inside bar and can afford to take more trades in both long and short...Ignored
Exactly. Well said.
.... laughing all the way to the bank
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A very nice entry might I add !
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