Backtesting Platinum: Mastering Candle Behavior and Market Reaction (october - November) 30m
Lately, I’ve been deep into backtesting platinum, focusing on one thing: watching what the market is doing and reacting purely based on candle behavior. It’s been a game changer.
By honing in on how candles form and interact with key levels, I’ve started to spot subtle shifts in market sentiment. The wicks, the bodies, and even how consecutive candles develop tell a story about the market’s intentions—whether it’s gearing up for a breakout, consolidating, or hinting at a reversal.
Instead of overcomplicating things with too many indicators, I’ve been stripping it back to the basics: price action. Observing how the market respects trendlines and how candles react during volatile moments like market opens and closes has been invaluable. It’s less about predicting and more about reacting to what’s actually happening in front of me.
This approach has really sharpened my ability to stay patient and disciplined, waiting for the market to confirm its direction through clear candle behavior. Anyone else taking a similar approach? Would love to hear your experiences or insights!
Lately, I’ve been deep into backtesting platinum, focusing on one thing: watching what the market is doing and reacting purely based on candle behavior. It’s been a game changer.
By honing in on how candles form and interact with key levels, I’ve started to spot subtle shifts in market sentiment. The wicks, the bodies, and even how consecutive candles develop tell a story about the market’s intentions—whether it’s gearing up for a breakout, consolidating, or hinting at a reversal.
Instead of overcomplicating things with too many indicators, I’ve been stripping it back to the basics: price action. Observing how the market respects trendlines and how candles react during volatile moments like market opens and closes has been invaluable. It’s less about predicting and more about reacting to what’s actually happening in front of me.
This approach has really sharpened my ability to stay patient and disciplined, waiting for the market to confirm its direction through clear candle behavior. Anyone else taking a similar approach? Would love to hear your experiences or insights!