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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (81911)10/10/2023 1:31:25 PM
From: Qone03 Recommendations

Recommended By
catou1
Lee Lichterman III
Sun Tzu

  Read Replies (2) | Respond to of 97962
 



To: Sun Tzu who wrote (81911)10/10/2023 2:35:28 PM
From: Sun Tzu  Respond to of 97962
 
Side note: This is a multi-timeframe chart. The thicker lines in this chart. The thicker lines (blue and green) are based daily bars. The thinner ones are the chart's timeframe (here = 15 minutes).

Also, as a rule, I tolerate only 3 bar closings against the trendline, even if those bars are moving along the trend. Once they are above/below the trend, it is likely that the trend will change. You can sort of see that at almost every trend change in this chart.