This is done in the daily charts. Stocks & Commodities Awards since 1994 futures, buy/ sell , key support/ resistance levels, AbleSys trading software provides specific market direction, stop signals for any market including stocks e. These periods could be as long as a month as short as one minute depending on the purpose for which the chart is to be used.So I wait for a bullish bar to enter. These strategies will have a strong background sound theoretical base , will represent known to us trading techniques rules used by experienced Forex traders.
I saw bar A which is a nice inside bar. With regard to my previous post to elaborate more about the accuracy of this indicator take for example AUD/ USD pair on the daily time frame you would notice that the bar of the 22 of August is painted as a bullish bar which should notn be the case. Master the world of online currency trading using our educational guides tools , charts news.
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I have a feeling that this could be a veru useful indicator but I just don' t get it.