Adr, psych levels, demand & supply trading 15 replies
Standard Pivots and Fibonnaci Pivots? 9 replies
EUR/USD 5min - Trendlines and Pivots 379 replies
Important psych levels 1 reply
Too many drawn Trendlines all same look: how to draw Trendlines with different look? 2 replies
DislikedGood morning to all, I'd simply like to ask a question to spark some interest in hopes of us all being able to contribute in order to find something which we can trade and profit from. My question is as follows. When we look at the candles between daily pivots, say (m15 from s1 to main pivot) we may see a bunch of green candles. but as we look at the m1 we will see a different story. So my question is won't it be better to follow the engulfing patterns on the m1 compared to guessing on what the next candle on the m15 will close on?Ignored
DislikedGood morning to all, I'd simply like to ask a question to spark some interest in hopes of us all being able to contribute in order to find something which we can trade and profit from. My question is as follows. When we look at the candles between daily pivots, say (m15 from s1 to main pivot) we may see a bunch of green candles. but as we look at the m1 we will see a different story. So my question is won't it be better to follow the engulfing patterns on the m1 compared to guessing on what the next candle on the m15 will close on?Ignored
Disliked{quote} I think the M1 candles will produce too many false signals, 5m is quick enough, 15min is probably ideal.Ignored
Disliked{quote} The contention is that it will create a lot of "false signals", but won't that be based on what you believe a breakout would be? I think if we look at the chart backwards it will be rather clear to see how the breakout develops on the 1m tf. I'll be sure to share some charts shortly.Ignored
Disliked{quote} The contention is that it will create a lot of "false signals", but won't that be based on what you believe a breakout would be? I think if we look at the chart backwards it will be rather clear to see how the breakout develops on the 1m tf. I'll be sure to share some charts shortly.Ignored