and why did you draw the line on 141,245 and not slightly higher (between 141,245 and 141,285)? The top is there..

I think it is not magic, but repeating of tops/bottoms. That’s why I wonder why you didn’t draw the most top…

and why did you draw the line on 141,245 and not slightly higher (between 141,245 and 141,285)? The top is there..

We have a line that represents the price in usual way and we have „another line“. And we compare the behaviour of these two lines. The only question is what is this „another line“?

This „another line“ is a…[Read more]

Actually gg does not see “short bodies”, as he use line-chart he see lines. And he see only the stright line between Close 1 and Close 2.  Thus some part of the movement “get lost”.

This is out of my understanding – how by the shape/or position of the line one could understand the direction the price a…[Read more]

I agree with you that we need to know the market sentiment… (though I have also no idea how  :scratch:). And it should be known at the moment when the bar is closing..

(Actually the points that gg53 combined are tops/valleys but it is known much later  – at least 1 bar later- when this top/valley is formed). My brain is boiling

is it (this bold sentense) a reason why you use LINE chart?

Mrs S

is it a reason why you use LINE chart?

Mrs S

I’ve got ispired by gg53 post and would like to share my observation.

I’m looking at the direction of MAs:

most of the time MAs are pointing in one direction, but sometimes there are some bars with different direction. They are quite rare. I take them as a signal to have a closer look.

For example, if higher and lower MAs are po…[Read more]

I’ve got ispired by gg53 post and would like to share my observation.

I’m looking at the direction of MAs:

most of the time MAs are pointing in one direction, but sometimes there are some bars with different direction. They are quite rare. I take them as a signal to have a closer look.

For example, if higher and lower MAs ar…[Read more]