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#1092
1st November 2007, 11:30 AM
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Re: Todays Buy Levels
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#1093
1st November 2007, 11:31 AM
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Re: Todays Buy Levels
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btw, can we look for morning star in intraday charts....is it reliable for intraday charts? any idea?
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#1094
1st November 2007, 11:38 AM
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Re: Todays Buy Levels
Any WRB as per Saint's teaching gives us a trading oppurtunity.If the Low or High is breached we get an idea of the impending biasness.
Here though it is breached in downside we initiated a Long initially as per the candle signals ( and my position sizing module sig) but we must be prepeared with a Double Short Entry. After our Entry on 10.40's candle it gave a Gap Up hence we are little bit relaxed the SL is at the Entry Bar's Low. Now the 10.42's Bar is a Black color & 10.43's Sky Blue never breached the 10.41's Low.
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#1095
1st November 2007, 11:44 AM
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Re: Todays Buy Levels
Now the Black bar signalled a (-)ve and in a WRB the 50% & 61.8% levels are imp ,which Price is approaching.
Next came that Long Legged Doji at 10.45's Bar so we Liquidated at next bar closing with Double Qty means 4 Lots Now. The SL was placed @ 10.45's bars High @ 1079.50. Later on the SL moved to 11.11's Bar High = 1074.00 so now we are in no way going to incur Loss.
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