Disliked{quote} Three or four shadows breaking the mid-point, but no solid body invasion yet!Ignored
It did break above on the 5m, but that's hardly reliable!
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Disliked{quote} Three or four shadows breaking the mid-point, but no solid body invasion yet!Ignored
Disliked{quote} I'd say, and I will also show that doji's are strong signs of reversals only when you use it with engulfing patterns. You'd also have to have the ability of letting go of the losing position once your entry candle is engulfed. Simply look at a 15m chart, in which you see a doji. Then mark the high, and low of that doji, and look at the price once the candle closes across either of those lines. I use the doji's in that manner, and although people say "their is a lot of noise on lower tf" the reality is you are giving up less pips, which means...Ignored
Disliked{quote} I'd say, and I will also show that doji's are strong signs of reversals only when you use it with engulfing patterns. You'd also have to have the ability of letting go of the losing position once your entry candle is engulfed. Simply look at a 15m chart, in which you see a doji. Then mark the high, and low of that doji, and look at the price once the candle closes across either of those lines. I use the doji's in that manner, and although people say "their is a lot of noise on lower tf" the reality is you are giving up less pips, which means...Ignored
Disliked{quote} There is no engulfing, that is inside outside, or may be sandwich, can't see chart really good.Ignored
Disliked{quote} Thanks, mate. To be honest, I'd forgotten about the "inside/outside" pattern!Ignored
DislikedEJ (10min) - looking left, resistance potentially becoming support plus some divergence (CCI) and an entry after the bullish engulf circled @134.475. Looking for a quick 1:1ish trade up around R1 (134.71). Not the cleanest of price action but I thought the structure looked ok enough to take the risk. {image}Ignored
Disliked{quote} ..a win. I didn't hold beyond R1. Momentum held nicely and accelerated into R2. Weakness kicking in now (CCI divergence building). {image}Ignored