Price Action Trading ... Art and The Science

[howardroark]

hi,
candle identification is easier in ur chart, i think ur charts show heikin ashi candles, am i correct?
compared to normal candles, is it better?
thanks

I use Synergy Average Price Bars, which are little advanced than HA candles ... They are better in the sense that they are more smooth, take average of previous bars and give less fake signals ... And more importantly ... I'm Color Blind by birth and APB candles help my retinal confirmation ...:thumb:

 

[howardroark]

Bullish and Bearish Inside Bars
Bullish Inside Bar is a small candle, next to a bigger Bearish Candle, with Higher Close than the Open.
Bearish Inside Bar is a small candle, next to a bigger Bullish candle, with Lower Close than the Open.

 

[howardroark]

Double / Triple Tops
When the market, in an Up Trend, tests a particular High level consecutively, depending on the number of times, it tests, we get Double / Triple Tops. When this happens, market retraces from those levels and starts falling off.

 

[howardroark]

When the market, in an Up Trend, tests a particular level, retraces and re tests the same level, it is considered as Symmetrical Double / Triple Tops. The more number of times that a particular level is re tested, it becomes stronger Resistance.

 

[mittens]

Since you mentioned Synergy, so I googled it and found this PDF.
Its nice, thank you.

 

[howardroark]

Double / Triple Bottoms
When the market, in a Down Trend, tests a particular Low level consecutively, depending on the number of times, it tests, we get Double / Triple Bottoms. When this happens, market retraces from those levels and starts Rallying off.

 

[kainiteh]

................

 

[hir0406]

hey,
can we post charts and ask questions??

 

[howardroark]

hey,
can we post charts and ask questions??

I really appreciate that ....
That is the way to go forward ....
:thumb::clap::clapping:

 

[hir0406]

I really appreciate that ....
That is the way to go forward ....
:thumb::clap::clapping:

Ok
So from 2maro i will start asking ......
Thanks for all help