The chart tells a story and the story unfolds bar by bar.
Note: There is an issue with the data feed and yesterday's bar is missing (bar 50 on May 26th, 2015). See the related idea below for details on the analysis of that bar.
The chart tells a story and the story unfolds bar by bar.
I did not post yesterday's bar analysis due to an error with the charts and the data feed. I am sorry but it was out of my control.
Be cautious, FOMC Meeting Minutes today (2015.05.20) at 19:00 GMT. It will likely create high volatility, and fast and big moves in the market. It is strongly recommended...
The chart tells a story and the story unfolds bar by bar.
NOTE: This chart has a correction on the analysis of bar 41. The close on the middle of the bar shows weakness, however it is responding to the strength of the previous two bars (39 and 40) with increasing volume but not excesive. Remember that high quality supply will appear on high volume up bars and bar...
The chart tells a story and the story unfolds bar by bar.
Today's analysis is a very good example of why it is really important analyse the market bar by bar.
