Day traders' weekend after-market lounge Dec 11-13, page-188

  1. 45,050 Posts.
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    @Mananas If we pick a chart any chart at random, say SHH 2.3 just for purposes of illustration. I would draw it up like this.
    SHH 2.3 masterpatternhttps://hotcopper.com.au/data/attachments/2733/2733718-ccf7a990c0347afb453718664b76a38a.jpg
    Now if we look at the trending phase in Heiken Ashi candles to make trend clearer.
    SHH 2.3 trending phase what is really happening is we are buying pullbacks to demand levels. All the demand levels are not included so as not to over clutter the charthttps://hotcopper.com.au/data/attachments/2733/2733731-d4f7f2354209effeb64366571bcdf9f4.jpg
    If we have done that homework then if we use only an intraday chart say 5 min chart to trade during the day. We see this with pullbacks to demand that we want to trade
    SHH 2.3 five min chart pullbacks to demandhttps://hotcopper.com.au/data/attachments/2733/2733750-a84b8f58d737425b4f1d7b2710181be0.jpg

 
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