Remember mkt closed tomorrow
ES Journal - 2017/2018
- Thread starter Buy1Sell2
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Furthermore, swingtraders can use the bigger time frame 5 and 15 mins Kagis together.
For example the 5 min went short at 2775 and the 15 mins at 2784. (currently at 2719). So those 2 kept you in the short for 55+ points. The 5 mins just changing now, the 15 mins should a bit higher....
Warning: In a sideways market you will lose a lot by using Kagi because the colors keep changing back and forth. It is only good in a trending market...
For example the 5 min went short at 2775 and the 15 mins at 2784. (currently at 2719). So those 2 kept you in the short for 55+ points. The 5 mins just changing now, the 15 mins should a bit higher....
Warning: In a sideways market you will lose a lot by using Kagi because the colors keep changing back and forth. It is only good in a trending market...
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It's a chart option on most platforms....just know that it's very lagging.
Changing the topic a bit.
"If a doji appears after an uptrend, and especially if it follows a long white-bodied candle, it represents indecision at a significant high, at a time when bulls should still be decisive. It can also be read as a sign that supply and demand have reached equilibrium. Either way, it is seen as a warning that the uptrend is ending. "
Guess what type of candlestick was yesterday on the daily?
"If a doji appears after an uptrend, and especially if it follows a long white-bodied candle, it represents indecision at a significant high, at a time when bulls should still be decisive. It can also be read as a sign that supply and demand have reached equilibrium. Either way, it is seen as a warning that the uptrend is ending. "
Guess what type of candlestick was yesterday on the daily?
To make another higher low before new highs
Massage parlor
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