Скачать или смотреть Day Traders: Know When You Should Be Bearish | Opening Candle Continuation | edgeful

what does this measure?

this report analyzes the color of the first candle from market open (whether it's green or red) and tracks how often the entire day closes green or red based on that opening candle. it groups all green and red opening candles separately and measures the continuation throughout the day.
how can I use this?

by knowing the relationship between the opening candle and the day's closing direction, you can adjust your trading strategy accordingly. if a green opening candle frequently leads to a green day, you might consider holding long positions. similarly, if a red opening candle often results in a red day, it could be a signal to hold short positions.
how can I use this?

this report provides insights into the continuation patterns following the opening candle. use it to determine whether the market is likely to follow the direction set by the opening candle. for example, if the data shows that green opening candles often lead to green days, you can align your trades with this trend. similarly, if red opening candles tend to lead to red days, you might focus on short opportunities. customizing the time frame of the opening candle (15m, 30m, 45m, or 1hr) allows you to tailor the report to your trading style and better anticipate daily market direction.

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Disclosure: Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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