I don't know... I used to have very strict rules for how the bars have to look like before I enter, for example PB: wick =3 times body open and close within previous bar large bar, whose wick sticks out from all the others .... But I don't think ...

Beyond the Candles

What do you think of EURCAD? There was a weekly range, the candle of the last week closed above the RM. On the daily a PB formed yesterday. Is this the confirmation we are waiting for? Would this have been a good trade? There are very similar ...

Beyond the Candles

Thanks guys! I appreciate it

Beyond the Candles

AUDNZD in interesting situation right now: Monthly: Price is at extremly important resistance. Weekly: Price closed outside of bullish TL and above important resistance -> I will wait for bullish PA as confirmation on daily Daily: A bullish inside ...

Beyond the Candles

That is a very good advice! As I don't have a real account so far, I will keep working with my demo account and watch the market during holiday, if I have some time left...

Beyond the Candles

Well I know the most traders use this kind of definiton, but IMHO this is only half the truth. For me the second bar doesn't have to close above the first bar because I don't care about the colour of the 2DPB. I guess you don't mind the colour of a ...

Beyond the Candles

How about GBPJPY ? Monthly is an a strong uptrend. Weekly formed a RM. Last week there was a bullish breakout with close above RM. The daily confiramtion was the 2DPB which accurded this week. After this there was another weekly confirmation, as ...

Beyond the Candles

About nzdjpy: Monthly is in uptrend On the weekly price formed a range market On the daily a PB at support of the RM appeared. My question now is: Is this PB confirmed by the higher timeframes, or do we have to wait for the close of the last weekly ...

Beyond the Candles

Are you still in? I'm wondering how you managed the trade because price travelled higher again... I also wanted to ask you if you could show how you confirmed the 2DPB of the daily with the higher timeframes. Did you wait for a weekly close or did ...

Beyond the Candles

thank you for your your analysis of eurcad, especially marking the range on the monthly was great because it reminded me to not zoom out to far on monthly charts! I have a question about the weekly chart, though: Wouldn't it be a riskier trade ...

Beyond the Candles

At the moment, EURCAD and NZDCAD are interesting for me. EURCAD: I would appreciate it if someone could say something about the monthly chart On the weekly price is in a downtrend following a bearish trendline and sitting on a important support ...

Beyond the Candles

Hey, I have a question about the PB on EURAUD weekly (see chart). How do I know if it is bullish information (rejection of new support) or bearish information (inverted PB showing selling pressure) which might indicate price turning back into the ...

Beyond the Candles

I'm already looking forward to that. I've written down a lot more question over the last days.

Beyond the Candles

On xauusd daily we can find a nice Inside Bar at the bearish trendline. But before taking a setup at this level it is safer to wait for the weekly bar to close, right? If the weekly bar closed as we want it to, would it then be possible to trade the ...

Beyond the Candles

Thanks Beertje,it is definitely an idea not only to adjust levels on a weekly basis, but redraw them completely. I just looked at the Eurusd setup again and it is a really nice trade because it is not only a swing at the trend line but also at a ...

Beyond the Candles

Drawing some lines in a chart is not the hardest part. But after that you have to read what is going on, I have to learn that. I think EURGBP is interesting at the moment, because the Price is in a bearish channel in a range market and in a triangle ...

Beyond the Candles

Hey, thank you for posting!I like that you also post the entry and I'm not talking about a signal service. I have the same level on my chart, but I unfortunately didn't recognize the 2DP, maybe I flip the charts to fast, but I guess that will come. ...

Beyond the Candles

Hey, I experimented a few hours and I fortunately could solve the problem! First step is tools-options-magnetic sensitivity-50 Second step is that if select the trendline you can see three small coloured rectangles. Now it is important to put the ...

Beyond the Candles

Thanks for the tip! I googled it and it seems like a common problem... The thing is, if I fit the trendline to the daily chart it doesn't fit to the weekly anymore. So how can I then interpret a weekly close? BTW it seems like the problem is worse ...

Beyond the Candles

hey, I have a question about weekly and daily charts, for example GBPAUD: On the weekly chart the price peeks thorugh my trendline, but on daily the price does not reach the same trendline. how is that even possible, especially with the last candle ...

Beyond the Candles