sorry but i cant read your chart -.-"
Read those two articles to know more about the Andrew's pitchfork :
newt Divergence signals can be found using any momentum indicator ,
here's more articles about stochastic oscillator
(msg should be more then 10 charters)
ask what i'll try to help
kappari thanks mate that helping me with the tread
i was several question from your screenshot
1) how do you determine the horizontal line that i circle? (on white)
2) is your support means resistance too?
3) what's with the calculation..
1) its a simple trendlines , try using Fractals indicator and u'll c by the eyes, if u asking how i know to which trendlines i give more power , so its basecly by my feelings , after trading lot of trendlines u "know" which trendline is stronger or which trendline u should ignore, i dont have exact role for that.
3)calculation of what ?
btw , still holding my possition , moved the sl before the news , wasnt at home at news if i was i would took another short 30 min after the news
edit - out at tp
i'm a newbie,do comment on my SS
thanks guys for helping
3) your posting something like 45pips,45pips 29 pip etc and the break...
you mean calc of the average?
regarding fractals im not sure how to use it...
what i see is it only indicates the high and low? or is it a reversal potential..
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