Quote from 1a2b3cppp:
That's a new one.
So are you saying that after two consecutive green bars there is a greater chance of the next bar also being a green bar?
That's what I have experienced.
I believe Jesse Livermore said the same thing but more eloquently.
Human brains are wired to look for losses/red screens.
When they see an uptrend (gains/green screens), they get very nervous and hesitate/don't buy. Why? B/c they are not seeing losses/red screens.