The support forum is built with (1) General and FAQ forums for common trading queries received from aspiring and experienced traders, and (2) forums for course video topics. How to Trade Price Action and How to Trade Forex Price Action videos are consolidated into common forums.
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In the trading process, context is crucial, yet I’m uncertain about the appropriate timeframe the context should cover. For example, when looking at a 5-minute candlestick chart, should the context consist of intraday candlesticks, or should it include candlesticks from previous days or even the past week?
Al says that you should have about 100 bars on your chart. He talks about it in the second part of the course (somewhere in the trading channels section)
If you are trading a 5-minute chart, especially early in the trading session, then the previous day's price action can often provide clues to what is happening. If you are trading the regular (day) session, then the overnight price action can also be helpful. Concentrate on the chart you are using to trade but look at the previous day and the overnight price action before the opening to give context to what might happen as the current day develops.
thanks for sharing!
