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- Ph03n1x replied May 10, 2016
I use simply Volume + Delta (Buy-Sell difference) Have to be careful as these "bursts" do not always mean instant pullback or reversal. You can also combine this with statistics / price action. E.g.: You know that the average swing on your timeframe ...
- Ph03n1x replied May 10, 2016
As trader who get's his bias from the 30m I keep bearish. However I keep in mind that the 4h swing length is reaching it's avg size, so i'm not expecting to hold anything more than 50-100ticks.
- Ph03n1x replied May 8, 2016
For me it is not clear at the moment... The inside day we had on Friday created a "Wedge" -> Will simply wait until we have a clear direction.
- Ph03n1x replied May 8, 2016
Evening. It all comes down to the timeframe... I primarily trade off the 2m in the direction of the 30m... So for me it's rather bearish. However statistically speaking the length of the 4h downswing is reaching it's end. (Something to keep in mind) ...
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