Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 692.76

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Jan 26 4:00 PM EST

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GROUND ZERO™

To: GROUND ZERO™ who wrote (93702)	6/23/2017 10:46:27 AM
From: Wayners	1 Recommendation Read Replies (1) of 222437

The cloud shows where the Heikin Ashi Candles have to change color., so with Gold see on the daily chart that the candles changed from red to green indicating the reversal and the demarcation where this has to happen. The cloud is usefull because it estimates on the next candle where if prices got to edge of the cloud when to expect the candle color to change. If current prices are far away from the cloud, then its clear sailing and you just hold and it gives you the confidence to just hold your position. There are absolutely no worries until prices actually get close to the cloud.

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