It has been long time no write
Today is weekend of 3 may
We, Korean, celebrity for Buddha’s birthday
6, may 2014. (After tomorrow)
Enjoy a golden weekend!
For the sake celebration of Buddha day
I would like to inform you a small gift of
Forex trading
I hope you to believe “what you see is what
you get it)
It is 30 minute chart of EUR/CAD (Euro against
Canadian dollars)
Let us see what is going on it (Monday, 5/05/2014)
①
Is stochastic index for obtaining
signal of preceding 5ma (moving average) which mean that we can ensure 2~3
candles up at least
②
Is black box. We may well adopt
the box’s theory. According to the theory, we may have the strategic “come down
on the right side of fence,” I mean the side of the winners, if this is game
between bullish and bearish. The winner will bull with 85% statistic.
For sure and for softy, I would like you to keep your eye on break
point of box with big candle.
Tip!
See the triple divergence marked with three stars
I call it “stochastic divergence” in 30 minute chart which has high probability
of turning point of uptrend
The above chart is 2 minute candle chart
Watch out the breaking box with a big
candle
Also contrast on the relation 30 and 2
minute candle chart.
Especially 5ma in 30 minute chart is equivalent
with 60ma in 2 minute chart.
Hence in order to uptrend of 5ma in 30
minute chart, you will see it 60ma in 2 minute chart uptrend. Indeed Yellow
line(20ma) will be double bottom on 60ma in 2 minute chart ( see the detail movement in the big box )
have nice a weekend !
yours Cassandra