Hey Sciurus, thanks for stopping by! Reference points are great in that they can also be traded but they don't need to be. The reference points help us to understand the market we are trading and keep us grounded. I like to see price move in ...

Higher Edge within a Single Candlestick

No problem you're fine....

Higher Edge within a Single Candlestick

Now we are cooking.... Some great responses. Although I started this thread with the focus on a single candlestick I recognise that the market is not time-dependant and the reference does not need to be static. My demo explorer was based ...

Higher Edge within a Single Candlestick

Think about it logically.... of course yes there are some candles that do that. You don't need to buy and sell every cross as you have control over when and where you enter. You will lose some of the time. FACT. You have control over how you can ...

Higher Edge within a Single Candlestick

Fair enough....maybe I had the quotes in the wrong place that has led to the confusion.

Higher Edge within a Single Candlestick

Great Forrestang. I think you understand what forums are all about and live in the real world. Although I am not concerned about people competing for liquidity.

Higher Edge within a Single Candlestick

I think these are good questions. 1. I would say that the majority of my trades I enter are closed within the same candle that I am using as a reference. But it depends as I like to let my winners run if possible. Price movement does not care about ...

Higher Edge within a Single Candlestick

Many thanks Sis.yphus for you great contributions across these forums. Will read these with interest to see what else I can learn.

Higher Edge within a Single Candlestick

I think you want this indicator...

Higher Edge within a Single Candlestick

Thanks Kprsa. I may not have understood completely your idea so apologies but I would say I would be careful about trading against a candle expecting it to wick based on my experience. I prefer to trade with the trend.

Higher Edge within a Single Candlestick

Then simply move on.... nothing to see here... Just because you can't see any value it does not mean someone else cannot gain anything from it. It is a discussion not a system thread. I contributed enough to start the discussion and get ...

Higher Edge within a Single Candlestick

Contrary to what you might think, I did share more than a quote and a nice looking equity curve. For me on this forum we have to accept that because of the way the world is there will be things that people discover that they will want to keep to ...

Higher Edge within a Single Candlestick

Hmmm... I think I have posted everything I wanted to share so far. I decided to remove my demo explorer but just for your info it is still doing just fine... image I think I may just abandon it now anyway as it serves no real purpose other than ...

Higher Edge within a Single Candlestick

Just want to clarify something with regard to this post. When I am looking "under the hood" I am not looking for patterns. I don't believe in them. In my own experience I would look for various patterns in relation to S/R points but found that these ...

Higher Edge within a Single Candlestick

Great. I think it is a process that each trader must go through for themselves to understand the market they are trading more fully. Something that I previously overlooked. If anyone wants to use this thread to share stats they have on candlesticks ...

Higher Edge within a Single Candlestick

Armed with my intimate knowledge of 1HR GU candles I also like to know what is happening under the hood. Therefore I have a 1HR candle super-imposed on an M1 chart. This helps me to see the movement within each 1HR candle. image

Higher Edge within a Single Candlestick

My friend, this is for you to explore. Just as I have been. Look at the facts. You now know that from a 1HR GU candle open you are almost guaranteed to get movement in some direction away from it. Don't take my word for it. How do you go about ...

Higher Edge within a Single Candlestick

Great discussion here... Thought I would share this... url I came across this in one of CrucialPoints posts but the link he posted is now broken ( url ) Regards Neio

The Market's Illusions & The Human Brain

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