I am looking at longing EUR/CAD at the top green line because the high is untested.
I'm going through different styles of trading, so right now I'm trying minimalist trading: HLC bars, same color for up and down.
The idea here is that I want all extraneous information off of the chart so that I'm focused only what matters, and not what doesn't.
Where price opens in a day doesn't really matter. Whether the bar closed lower than the days' high (meaning it'll be colored green or red) doesn't really matter. Indicators lie.
So I'm trying the old-fashined way. Same colored HLC bars.
You can easily see 1) trend, 2) untested levels, 3) support and resistance.
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