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8.7.23 In this video I tried to look at support and resistance and evaluate Scalps using two bar reversals were opening price. I ran out of time on the video so I couldn't answer the last question...... There's a theoretical answer and the real answer. The real answer is I would have taken my profits if I'd entered the market on Sunday night... and I would be flat here. The market Is opening at the high of yesterday's bar... and if it goes a little bit higher... I would think of that it Looks like an opening price that should go higher.... but if I had made $2000 From Sunday's open.... Honestly, I would take my profits.... and just wait for a better opportunity. Contracted markets can really change your profitability and I don't really want to trade every independent swing of each bar.... it's too much work and you can easily give it back. Another way of stating this on this very market Using An opening price.... if today's bar starts moving higher it looks bullish...... but if today's far starts going lower it looks bearish..... in other words a small move in either direction changes my sense of where the markets likely to go.... which means I don't have an edge. This is what happens in Contracted markets.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.