Wednesday, 4 January 2012

Mind the Gap...continued - DAX (Mch12)...continued

Here are two charts. In the 15 min i have drawn over the blue line with another light blue line and the black with another we drop down to the 5 min and you can see that the blue line has shifted. Try this in log or arith or any othe scale and you have the same. It reveals that there is more than one location for a line and price reacts to the same line in more than one location. Infatc i am almost sure that each line ( median, trend, reaction etc) has a location either side of it ie above and below. Try it out yourself and you will see the horizontal layered effect and how price makes small pivots as it moves sideways through it.

No comments:

Post a Comment