MAY 27.2015. Although it's bearish, but wait until 10 bars to see the 1st trend. Length of Bearish = 20 bars (approximate). Unless we want to take the risk.
From 1 to 20 bars in details:
1st -> 10th bars = 1st trend
11th -> 12th bars = Open Position following 1st trend (cut loss/ hit stop loss)
12th -> 13th bars = 2nd trend
14h -> 20th bars = Open Position...
MAY 26.2015. Wait until 8 bars to see the 1st trend. Length of Bearish = 16 bars (approximate).
From 1 to 16 bars in details:
1st -> 8th bars = 1st trend
9th -> 10th bars = Open Position following 1st trend (cut loss/ hit stop loss)
10th -> 11th bars = 2nd trend
12th -> 18th bars = Open Position following 2nd trend
18th > more = might be following 2nd trend.
MAY 26.2015. Wait until 7 bars to see the 1st trend. Length of Bearish = 15 bars (approximate).
From 1 to 15 bars in details:
1st -> 7th bars = 1st trend
8th -> 9th bars = Open Position following 1st trend (cut loss/ hit stop loss)
9th -> 10th bars = 2nd trend
11th -> 15th bars = Open Position following 2nd trend
16th > more = might be following 2nd trend.
MAY 20.2014. EURUSD is down. Length of bearish is 11 bars (11 hours). Whether up or down it will go approximately until 11 bars. Although it was analyzed as it will go down, but prefer to set an order after half of 11 bars (5-6 bars) from the first time the trend shown up.
After 11 bars it will reverse or sideways.
EDIT: Although this graph is 4hours, but 11...
MAY 15.2015. GU down, EU down, EJ down, UJ up.
Approximate length of bearish is 10 bars (10 hours). From the first trend shown up, there will be bearish fluctuation until approximately 10 bars. After that it could go short again or up.
EDIT : 4:30 Server Time (Metatrader) / 1:30 (TradingView): From the first time trend shown up, there will be bearish...
