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Again, the bar interval has nothing to do with the target. A smaller bar interval enables one to read price action more accurately. That's all. It carries no target baggage unless the trader chooses to hook it up himself.
As to whatever disappointments there may be, these are the result of a lack of skill in interpreting price -- and volume -- action, not of the bar interval one chooses to display twice. |
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Some charts to illustrate your point:
1. Basic upthrust : sign of weakness is it not? TG signal afterall, ideal place for short, chart 1
2. Dogs did not bark chart 2, again End of Rising Market on huge vol, bar closing in the middle, supply swamping demand, short again????
3. chart 3, wrong again.