Bigger time frame still in a downtrend, SL not even close, signs of sideways movement are starting to increase
The hourly, confirms the trading range (sideways view from the bigger time frame) Price took the upper half of the range (implying demand), than the lower half(implying supply), tested the MP and held the lower half Yesterday had very strong response to the TR lows, demand brought price to test the MP again at inventories, supply was visible after that And now price drifts sideways near the MP (below it)
game plan: Wait for price to re-test the big TR MP for 5mtbr short Wait for price to re-test the big TR highs Wait for price to reach 50% of the last up move is also an option since it aligns with LSL and the strong demand yesterday might imply a shift in balance. Wait for price to re-test the TR lows
Hi Tomerok,good luck with the journal! I`m curious,if you could share where you got that e-mail alert script for Ninja? Thank you.
something I've put together from various indicators and code samples with my limited programming skills i take no responsibility... here .. attached.. NT 7 Export format Tomer