Can u explain what u meant in detail (I may already understand it) at the 16minute 5 second mark. “Price closes on its LOW…..” Well actually another candle was opening AT the low is that what you meant?” Possible hold the trade if a following candle OPENS at the last candle’ LOW….??? That is my interpretation of what you said - am I correctly understanding ?
Yes. When a candle closes on it low or opens on its high the next candle is effectively a continuation of the first candle and in the right place it can mean a good trade continuation.
All analysis ex post (with hindsight) are just red herrings. Please show live footage where you actually trade this stuff, and here and there take losses. PS I know you have posted live trading in the past. Brilliant: keep on doing that to show the validity of the approach, and not this cr**
To be fair I think as traders it is our job to analyse and observe post traded charts. That's what really traina our brains to pick out the right winning entries.
![GEEK TIMË [OFFICIAL AUDIO]](http://i.ytimg.com/vi/ry-6RvkH880/mqdefault.jpg)
Thanks for your another great video. Thumbs up 👍 for the effort.
Appreciated. Thank you.
Great Strategy.
Can u explain what u meant in detail (I may already understand it) at the 16minute 5 second mark.
“Price closes on its LOW…..”
Well actually another candle was opening AT the low is that what you meant?”
Possible hold the trade if a following candle OPENS at the last candle’ LOW….??? That is my interpretation of what you said - am I correctly understanding ?
Yes. When a candle closes on it low or opens on its high the next candle is effectively a continuation of the first candle and in the right place it can mean a good trade continuation.
All analysis ex post (with hindsight) are just red herrings.
Please show live footage where you actually trade this stuff, and here and there take losses.
PS I know you have posted live trading in the past. Brilliant: keep on doing that to show the validity of the approach, and not this cr**
To be fair I think as traders it is our job to analyse and observe post traded charts. That's what really traina our brains to pick out the right winning entries.
I agree. What you are criticising is known as back testing. It is essential for learning.
why would the first trades be taken, surely they would be potential sells with the 8 below the 20 and price coming up to the river of value?
Maybe but there are other signals that I use and can't describe here or in the video. Thanks for asking.
Well, thanks for getting back to me so quickly.