As the quality of my chart is so naff I'll add that my feed had that 15m flat candle close at 217 and the subsequent 15m candle produce a low of 215.
My 200sma was at 214
Macc
My 200sma was at 214
Macc
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DislikedHi Ken.
Here's my Wal-Mart chart (as Pippi likes to call them) for the daily. Dotted Yellow line is obviously the 200 sma (mine is applied to the "close" price)
MaccIgnored
DislikedI think it must have something to do with the time the broker closes the daily candle. The chart I posted above is IBFX which is GMT but when I went to FXPro that is GMT +2 the SMA is far below the candle, about 130 pips away.Ignored
DislikedThanks; Lucky lady and MACC. I will have to figure that out mine are a lot lower..Ignored
DislikedI can't change mine, but just realised it could make a lot of difference with what we are seeing on the 4hr and above. Lower than that timeframe they are going to be the same of course. I might have FXPro open just to keep an eye on the other 4hr chart.Ignored
DislikedThe issue of having differnet closes & candles depending on your broker is one that I've been aware of for sometime. I see someone post an awesome lookin candle and mine looks like ka ka. Personally I still just look at 1 brokers chart and work from that. Its like that old saying if you have more than 1 clock you never really know what time it is.Ignored
DislikedHi, all friends
I am reading this thread. I have one question. In "Pin/Doji/PA/Hangman reversal", what does PA mean?Ignored
DislikedOne more question:
Does SMA mean smoothed moving average? or simple moving average?
thanksIgnored
DislikedThank you very much for your answering!
but I still do not understand PA in this sentence "Pin/Doji/PA/Hangman reversal".
I know Pin, Doji and Hangman is the format of candle stick, but what is PA?Ignored