channel trade 16th Aug
We seem to have this phenomenon developing recently where if there is a gap overnight then the opening session will push in the direction gapped, rather than filling. I intend to find or do some historical analysis on this soon. I've got tired of how bad MT4 is; I don't think that my brokers help with their lack of historical data. So I switched from MQL to ninja so need some time to figure that out and learn the code.
5min bar break up worked. We haven't breached the 8-9am range yet. There doesn't seem to be any literature on why the market moved straight into overbought before 9 but I shorted the devil out of it when it did. I'm still short.
5min bar break up worked. We haven't breached the 8-9am range yet. There doesn't seem to be any literature on why the market moved straight into overbought before 9 but I shorted the devil out of it when it did. I'm still short.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.