Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Price breaks through previous highs and lows or it reverses...
Based on statistics, the candle after a red candle will make a lower low more times than not and the candle after a green candle will make a higher high more times than not. What would the rat do? What will YOU do?
Did anyone notice any difference between the M1 and H1 statistics?
The lines are crossed by the candles... that is the point. Price makes new highs/lows and reverses. One thing to observe is how previous high lines do NOT act as support and previous low lines do NOT act as resistance which is CONTRARY to popular "wisdom".
