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Old 07-16-2008, 12:34 PM
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james james is offline
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Quote:
Originally Posted by supermalv85 View Post
Hey james.. just a noob trying to clarify his confusion here.

Ok anyway.. So i spot an Ibar on say.. 15 mins chart.. then i wait another 15 minute for the next bar to form. But how do you mean 1-2 pips above/below it? like.. for long position, either the shadow and/or the body have to be 1-2 pips above it? or just the shadow? or maybe we don't even wait for the candle to form just as long the current price is 1-2 pips away from the Ibar?
Hi there james here

Yes you are correct if prices moves up 1-2 pips then you would have taken a long

Regards

James
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