Sr,
If an underlying Instrument is making HH and assuming that the overall trend is Up during that movement,are there any other factors which we can take into consideration which can give an indication as whether next movement taken during that particular time interval (5 Min,30 Min,Hour etc) will make more HH or retrace back?Are there any factor's which can give an indication that more HH or LL not possible now.
If an underlying Instrument is making HH and assuming that the overall trend is Up during that movement,are there any other factors which we can take into consideration which can give an indication as whether next movement taken during that particular time interval (5 Min,30 Min,Hour etc) will make more HH or retrace back?Are there any factor's which can give an indication that more HH or LL not possible now.
what u are saying that is there any way to forecast whether more HH or LL is to be made when a trend is going on.
No there is as such no mechanism that can forecast this stuff. only experience (!) may be helpful. but in this case only certainty is the protective trainling sl
sr