AU long potential. . But take note on the BRN facing
* and 200 ema in D1 chart
Hello,
As FG said both APB and Japanese candlesticks have their pros and cons.
The APB as shown by it's name (Average Price Bar) eliminates the choppiness that is viewed with Japanese candlesticks. They also show the current general price better by removing the choppiness. You are right about PA as Japanese candlesticks make it easier to see pin bars. I have a candlestick chart open alongside my APB chart to get the best of both worlds.
Post your charts and ask any questions and somebody will be combined to answer.
It depends on you bro... both have their pros and cons and for me personally I enjoy candlestick longer
Thank you to the chart please continue posting! I trace this thread together with a couple additional TMS threads.
I'm curious why you do not use APB candles as I've been debating that myself? I know that the APB indies the trend more clearly however, the Japanese candles shows more PA..
trading isn't difficult. Just have to be patient and read charts. Chart tells you. Issue is understand PriceAction, Service and resistance. There you go, you have yourself's weapon. You will be served by TDI since the entry confirmation greatly. All you have to do is await your prey and hold your weapon.
Hi Lookleft,
Thank You for your Answer.
I trade mostly on gt; H4.
Currently I'm selling EURUSD and buying USDJPY.
I have sold Gold from yesterday.
Hi Dan,
I believe you've got some of the replies to your question you posted on the TMS thread.
Remember the TDI isn't just about crosses. Where the cross is in connection to the MBL, TDI amount and VB (if utilized), what the angle of this price (green) line and angle of this sign (red) line is along with also the angle and position of the MBL all give information about an entrance. The TDI gives a lot of info so decide on a variant that suites your personality, learn what it is telling you and stay with it.
Seeing the 50 degree, if 68 is considered overbought and 32 is oversold the 50 level could be considered the market focal point.
I trade out of LO to NYO 3.
Hope that this helps