Hi all,
hereīs a case thatīs been bothering me for a while.
See the attached chart. Take a look at the price areas where a drew the triangles. Letīs just say that the Daily trend (in which direction I want to trade) is up for the first triangle and down for the 2nd. Can some people agree with me on that? We need some sort of common ground here, just for the purpose of this question.
So, we know the overall Daily trend, However, how do you deal with those seesions within a trend that a clearly moving in the opposite direction? Makes sense? In other words, for example the trend is up but sentiment has been down for the last few sessions or vice versa.
To be fair I did not drop down into lower TF, so ok Iīm aware of that, but still is there a way to filter those?
hereīs a case thatīs been bothering me for a while.
See the attached chart. Take a look at the price areas where a drew the triangles. Letīs just say that the Daily trend (in which direction I want to trade) is up for the first triangle and down for the 2nd. Can some people agree with me on that? We need some sort of common ground here, just for the purpose of this question.
So, we know the overall Daily trend, However, how do you deal with those seesions within a trend that a clearly moving in the opposite direction? Makes sense? In other words, for example the trend is up but sentiment has been down for the last few sessions or vice versa.
To be fair I did not drop down into lower TF, so ok Iīm aware of that, but still is there a way to filter those?