not signal a trade. The video gives several examples of this. We have a support(the red horizontal line) which is a whole number, e price makes a reversal and we have a big green candle, without wick which opened and closed above the last red and its is is a lower/low higher/high. In the beginning is moving below 20 level and some minutes later(when price makes the reversal) got over level. Stochastics Trading Strategy Part 2 m/watch? Part 2: RSI, indicator - /ngMWnaGa7a0, pART 3: bollinger bands, indicator - /ne1HGknzzgU.
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I am trading in comex gold.
I have three questions.
For trading in gold on daily basis which time horizon graph should one give most impotance for maximum profit.
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If the uptrend is strong, and therefore has momentum, the closing price will tend to be towards the upper end of the range, and vice versa. This lesson looks at the stochastic indicator, which is another momentum indicator and oscillator. If youre using a colour chart, you will be able to set the colours that work best for you. Look at the stochastic.Notice the blue the beginning you will see that the stochastic is moving above level ter some minutes dips below level 80(the blue box).This is my confirmation. As the name suggests, the signal line helps in determining when to enter and sometimes exit the trade.
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