If you don't know where to start, start here! Don't be afraid to ask questions.
ya know lol I was looking at the m15 chart you posted and was thinking to myself, "self, why were you looking to short when price has been moving down for awhile now?". I wasnt looking at the big picture but looking on the m15 chart price has been falling for sometime, so why was a looking to go short? dang!!
dieselboy101 wrote:hahaha but what happens when the hour says up, 4 hour says down, day says up,......well u get the hint lol, i guess that would mean to sit on the sidelines hahaha
i am not sure how to explain it
but after looking at it for a while you get a feel for how all the time frames tie into each other
depending on how they all form as a result of where they came from and where they are going---- sometimes you get crossed up but that is why you take small losers
Bend over and assume the position for another 4 years of hope and change.
dieselboy101 wrote:trade i am currently in...attempting to sell because I see price heading up so i want to be in the first downward move....closed against me so I am currently attempting to b/e...
comments and criticisms are welcome!!
Hey. This would of been a good trade however in that area there are 2 Zlines each in a different direction.
One is that one that you took to go short the other is the one which was created by that large bull candle a few candles back.