Quote:
Originally Posted by pipvader
i would like to if doji's and spinning tops are reliable triggers on the smaller timeframes?
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They indicate uncertainty as shown in this chart from tonight, GU 15 mins, which provided a James type entry on the resistance line or alternatively a Cowabunga or fib retracement entry. Your final trigger could be any number of things which you have tested and learned to rely on. Certainly this pattern in the context of the prevailing downtrend was another opportunity to get profitably short. As with everything the shorter the timeframe the less reliable the pattern will be as will times of low trading volume