Question
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Should my trendlines penetrate some candle bodies?
2 Answers
<p id="isPasted">The high to low gives you the whole market movement. This is the amount that the market has been moved in totality. The open and close are important and the “real market” that is being manipulated is generally inside or smaller than the total market movement. Why is this? So you don’t use the inside movement and figure out that the manipulation is basically the same everyday in every market.</p><p>My advice is to draw both and see if you can start to figure out patterns of manipulation and find which works best for you. I use “trend lines” sparingly …</p>
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<p id="isPasted">The best advice could be is that if the two methods say different things, you need to either </p><p>1) find another method </p><p>or</p><p>2) move on to another stock or market.</p><p>You cannot pick the one that agrees with your thesis on what is happening.</p><p><br></p>
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