XJO 0.18% 8,300.2 s&p/asx 200

an indicator discussion..., page-35

  1. 9,861 Posts.
    lightbulb Created with Sketch. 5
    Time should be used however to gain best exposure to the market. I posted this chart elsewhere and notice the Time and Price set up within

    Clearly the 2 arrows are the money making moves, and the rest of the circle is in consolidation, so you either adjust your trading parameters to trade the consolidation, or utilize time to strike when the iron becomes hot ???

    Photobucket


    An example of WPL today using price action only
    Photobucket


    But if I had applied a simple indicator and used the daily maybe I would not have take the short ????

    Photobucket
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.