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Old 07-26-2008, 12:19 PM
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FXCaribbean FXCaribbean is offline
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Default Newbie Question

Hi tymen,

The fact that during the trading retrace (or walking) we can wait for 3 candles, is it linked to the timeframe the shape has been detected ? (either engulfing or Evening star) so just before the design of the next candle in that main timeframe ?

If yes, then would you say it is possible to wait (Main_time_frame - 5mn)/5mn ?

Thanks for the answer.


FXCaribbean
"Don't go where there is a path. Open a new one and leave a trail".
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