How to trade with an oscillator

ayush2020

Well-Known Member
Re: How to trade with an oscillator Part 2

FFE,

As per my 5min Crude chart (taken from Nest Trader data), crude was in OS
region from 15:49 candle to 16:24 candle, thus overstaying for more than
5 bars.

As per the previous posts of ST on this subject, I understand that the scrip
which has overstayed in OS continues to be weak though it comes out of
OS region. The weakness can be perceived to have been nullified only when
D crosses above the 50 level.

In the instant case, price was coming out of its bearishness, re-tested the prior
pivot low once again (it made a false breakout below the prior PL), and only
then made an upmove breaking the prior pivot high at 4927, went upto TDST
Resistance, and gained some 20 points in the process.

I am posting my chart here for your ready reference.

Dear i think this is an AFL.... can u plz share this one ??
 

murthyavr

Well-Known Member

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