The important of Pin bar/the candle with a long wick If you are wondering, on which candle or bar has the best degree of accuracy, I'd vouch for the pin bar/the candle with a long wick. Example, If we long pin candle/bar in D1 timeframe, that means, we had a very strong/tough tug of war going on between the bulls and bear forces during the day and someone has...
This is how I evaluate the strength of currency and guage on their correlations. I do it every weekend and look at how strong the trend of particular currency pairs are. XXX/USD: Bullish Gold & Silver: Bullish XXX/JPY: Bullish USD/XXX: Bearish Indexes: Very Bullish Trade Safe, s0nic
This is how I evalutate the strength of currency and guage on their correlations. I do it every weekend and look at how strong the trend of particular currenyc pairs are. xxx/USD pairs: Slightly Bearish Gold & Silver: Very Bearish xxx/JPY pairs: Bullish USD/xxx pairs: Mixed (USD/CHF is bullish, USD/CAD is bearish) Stock Indexes: Mixed (USD index is slightly...