James,
Thanks, Yea, I'm in the USA. OK, here's the chart again at 4:10/4:15. (A) is outside the range of its previous candle... does that make it still an IB. I would think it does not since its not within the previous one. Let me know if I'm wrong.
Now, if (A) was the IB, then (B) would be a BUY since its above the previous one, but I guess I don't get why (A) was an IB... unless it can be outside the range of the previous candle.
OR, would the candle previous to (A), the one to the left, be an IB.. in which case you go long on (A) since its above by a couple of pips?
PS I hope I dont have the wrong time frame again
haha
Jeff.
