Candles, Prices and Illusions

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foreman01
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Candles, Prices and Illusions

Postby foreman01 » Sat Oct 03, 2009 1:26 pm

Someone commented in another thread how TheMightyOne (MO) refers to candles are "illusions" and how TheRumpledOne (TRO) often comments that "all there is, is price", and that "price is the same in all time frames" {I'm paraphrasing}.

If these comments confuse you, perhaps these images will by useful. Its the same period of time in all three shots. I'm showing line graphs off the high, Low and Close, with a 1 hour Custom Candle overlay.


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PINKPANTHER5
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Postby PINKPANTHER5 » Sat Oct 03, 2009 1:32 pm

VERY NICE!!!!!!!!!!!!!!!!!!!!!!!

Can this be used for correlation trading??? For example can one put the EUR\USD and overlay the GBP\USD?


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