day trading 9april, page-100

  1. 22,593 Posts.
    Can you predict let say next three bars on the chart instead of analyzing what's happened in the last three....

    no worries bsredoje,

    firstly need to understand what is happening in the near background

    is there strength or is there weakness... pick one of these and then look for your exit bar ... now need to know what it will look like

    what is the market doing right now and what do you think or what do you think the market is thinking of doing shortly

    and of course not no one can predict what the next few bars are going to do for certain

    just like anything in life really anything will surprise

    but in understanding what has happened over the last few bars one can mostly quite confidently estimate what is likely over the next few bars

    and that is what we all are here doing, guessing what is likely to occur and this is the way I prefer to do it :)



 
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