forexjake80 wrote:momo = momentum candle = body has 2x size of the candle before.
the happy-face indicator gives happy faces when the body of a closed candle is bigger than the candle before = momentum increasing (isn´t necesarily a momo)
When you see an x, means candle color changed. My obervation: That happens usually after sad face.
Ive been reading the nla thread up to page 666 yesterday
Thank you everyone for teaching!!!!!
when you mentioned momentum increasing isn't necessarily a momo . Sounds confusing and contradicting