Sentences with phrase «daily candle close»
The daily candle closed 20 minutes ago, and we...
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Yes, the Daily candle closes when the US session close daily and I never ignore the Daily charts to see how the market ends at each trading day, but would appreciate your thoughts on the open / overlapping / close of sessions during a trading day.
Not exact matches
If you look really deep into price action, you will end up finding that the high / low of the daily candle is the close of a candle from a lower timeframe.
I think this subject needed attention to help in deciding whether to enter or not.You often have to decided whether or not to enter when there are no single entry signals but there is momentum at say resistance but there are still 5 hours before the candle closes.You have been told to short at daily close below resistance and the candle is 30 pips below resistance.It is vary tempting to short but I prefer to wait until the daily close of the candle
Looking at the 9/22/2017 close for AUDJPY Daily chart how would you setup a trade given that a bullish pin bar just formed right after a bearish engulfing candle?