I ONLY liked the green boxes,
"No diddle in the middle" Alphonso Moreno
MightyOne wrote:A long term chart is not the same as a short term chart...
there is no reason to ever look at anything larger than the monthly chart;
Somewhere between 2 days and 2 weeks is an optimal long term chart...
MightyOne wrote:Either you went long or are planning to go long or are planning to gamble on a short hoping that price conforms.
Any S/D levels are irrelevant, focus on what you need RIGHT NOW & then take it one day at a time.
I need to enter from the 2+ day extreme or from the BOx.
If I take a gamble against the direction of profit then I need the large
chart candle to conform and give me a sign that price is in fact reversing.
Simple as that.