Hay
@mrplough
some parallels with
@lollot s charts and a few more for the pot
first is the Point and Figure price chart.. you can often see patterns otherwise unclear on other time inclusive charts
nothing terribly obvious here.that.lollots trendlines hadnt already shown us in more detail......
View attachment 162819
The next is an old favourite multiple stoploss template with ADX crossing up bullish for past few days since easter..as is the stochastics the RSI and a bollinger band histogram the vertcal line intersects all of them on the buy trigger...
View attachment 162822
The last is an AROON software systems template ...the results as follows
CS Scientific Inc. - Hybrid Trade Screen
of
TNG LIMITED ORDINARY(TNG)
Analysis of activity through 4/4/2016
close: 0.1450
The current trend is up and all orders on the long side may be considered. Market activity analysis suggests that long trades put on outside of the +L+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.
If already holding long positions, we would look to partial profits on any retracement to 0.1300. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.1250. Be prepared for a potential short term price fall back to the 0.1391 area.
Suggested standing placement of fail-safe stops...
If Long -- exit all contracts at ... 0.1250
If Short -- exit all contracts at ... 0.1500
View attachment 162817
hope this helps..
