When the price is above an opening, it's on the rise. Conversely, when the price is below an opening, it is down. It is a good idea not to short-circuit when the price goes up and not to buy when the price goes down. Naturally, most traders look for investments, but they are impatient and trigger a happy buy, so they buy when they should be selling and vice versa.
A sale below the open bar H1 immediately after the bar making the highest high would have resulted in profit. In summary, a bar makes a stop and closes. The next bar fails to make a higher high and is reversed. Sell when the price falls below the open price of the current bar.
A purchase above the open bar H1 immediately after the lowest making bar would have resulted in profit. In summary, a bar makes a low and closes. The next bar fails to make a lower bass and is reversed. Buy when the price rises above the open price of the current bar.
Please understand that none of this is original or new and is presented solely for educational purposes. You may find that your results may differ. Please consult with an accredited financial specialist before using real money. Trading FOREX can be risky. YOU HAVE BEEN WARNED!
A sale below the open bar H1 immediately after the bar making the highest high would have resulted in profit. In summary, a bar makes a stop and closes. The next bar fails to make a higher high and is reversed. Sell when the price falls below the open price of the current bar.
A purchase above the open bar H1 immediately after the lowest making bar would have resulted in profit. In summary, a bar makes a low and closes. The next bar fails to make a lower bass and is reversed. Buy when the price rises above the open price of the current bar.
Please understand that none of this is original or new and is presented solely for educational purposes. You may find that your results may differ. Please consult with an accredited financial specialist before using real money. Trading FOREX can be risky. YOU HAVE BEEN WARNED!
