we can short and large any image as per requirement may be just inchxinch
Analysis..
We start looking at the 6 hr indicator once the indicator starts to show upwad movement..
15-april-2011 @1800 hr
next bar is red we dont enter,next bar is still red we dont enter..on 18th a@1800 the indicator turn upward..but the next bar is red ..we still dont enter..now next bar is green and the again the next bar is green...and indicator moved upward...so it a long now...but to enter we will see th 4 hr chart...and we can see the indicator are point up and the entry can be taken any where now...this is kind of conservative approach...we wait for definate indicators...in agressing trading we would have entered as soon as the indicator shows some divergence in 6 hr and in 5 hr its up...but then risk also increases...because we dont have double confirmation...
Last edited: