Phew... Ok. Lots of fun...
Renko is going to be something for me to watch when 15m/hourly time charts make no sense. Eg, gaps... After a few weeks of watching it I will decide if it gives me better/faster confirmation for the hourly trends than the hourly chart. It looks very promising.
To end this I am going to bring up a hourly/daily chart.
Short term buyers have been flooding into the market over the last week because they think were at the verge of a rally... While long term sellers have been selling to them nonstop keeping price from rallying.
Too bad. Those suckers are going to get capitulated right into the 1324 area before the real daily rally begins. I can't wait to get on board and scalp some when it starts!
Renko is going to be something for me to watch when 15m/hourly time charts make no sense. Eg, gaps... After a few weeks of watching it I will decide if it gives me better/faster confirmation for the hourly trends than the hourly chart. It looks very promising.
To end this I am going to bring up a hourly/daily chart.
Short term buyers have been flooding into the market over the last week because they think were at the verge of a rally... While long term sellers have been selling to them nonstop keeping price from rallying.
Too bad. Those suckers are going to get capitulated right into the 1324 area before the real daily rally begins. I can't wait to get on board and scalp some when it starts!