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Hey Jeff,
No particular reason I was doing some other stuff before posting. But I will continue posting charts later on. Wanted to spark some conversations here.
The following user says Thank You to babypowder for this post:
Yes......interesting that you bring this up as I have been doing a study this weekend using 30 minute for direction and 5 minute for entry. I'm looking forward to seeing what you come up with.
when the opening and closing price of a bar is the same, it's difficult to recognize (1st picture). I added the coloring of the wick for that reason (2nd picture).
The following 4 users say Thank You to Silvester17 for this post:
I just noticed that the latest version of the Reversals indicator does NOT have an option (true/false) to turn off the audio files.......this would be a good addition.......once we get the the wav files........
The following user says Thank You to Jeff Castille for this post:
Today ES- 5 min chart, ES - babypowder's library.
I would have only taken the trade long. But seeing this double pattern would have alerted me of a potential reversal if OB/IB long was not triggered. Since it triggered to the downside any active long trades may wanted to seek a tighter stop or just liquidated (cash out). If not in a trade you may want to stay on standby and see if the market gave you a HH.
The following 2 users say Thank You to babypowder for this post:
Jeff - I'm just back last night from a (great) week in Sardinia and as my wife has stayed on for a few extra days on the beach I am in single parent mode most of this week... please give me a couple of days and I'll sort out the audio files etc (I think I just used that free audio file site to make them... will also post that link)...
Btw, I am setting up M15 / 30 & 60 "Reversals" alerts in Market Analyzer (then trading from R5)...
