Just take a piece of paper and a pen and draw a candlestick or bar chart. There is only one condition please do not look at your platform while doing that. Draw what you can imagine.
Then post it here or send me a message. That’s all!
It doesn’t matter how experienced you are, how you trade, timeframe and so on. It doesn’t matter if you can draw or not
This is part of a research I am currently doing. Just trying to prove a theory of mine. I am sorry but I can’t tell you more because I am afraid that if I do it might influence the results.
“Why to do it?” “What’s in it for me?”
How about helping a fellow trader? I have some ideas on how to say thank you but announcing them might influence the results. Don’t worry, If I see something specific on your chart I will share it with you.
Thank you in advance!
P.S. This trading research is like any other research, the more charts I get the more precise the results would be. So please share it with friends.
A lot of people who are constantly answering questions are not included in this post but please feel free to join the party and help me see if there is future for my theory.
For the price action model, I only use 2 models: enfuling, Harami. You should use them with bollinger band to get reasonable reversals. For example, when prices are rising, it is advisable to trade proce action models only if the candlesticks are above the upper band.