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clock Created with Sketch. 14/04/18
11:04
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Originally posted by peejayhercules
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Interesting hypotheses thrown into the ring on one of the forums this week - apologies to the poster, but I can't find the posting again to give them kudos.
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Couldn't agree more @peejayhercules - one of the most common was/is the very small trade at the close which turns a reasonable looking bar or candle into something not so good - a white candle into a gravestone doji on a vol. of 1 or 20 is common. The only way to counter this is to look at volume in those closing trades and to adopt a two day approach where you wait for confirmation the next day or even the next again..
(20min delay)