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...
