D1 : Global strategic picture is pretty clear.
As long as we stay above the strategic uptrend support line, ANY downside move
should be seen :
as a corrective move, in a tactical way and in a countertrend trading action !
Nevertheless, in a high volatility environment, "fine tuning" analysis, in using all time frames,
in beginning to screen price action from long term (D1) to very short term (M5) to get at a glance the overall
trend on each period and then beginning from the opposite way in starting from the very short time frame (M5)
to long term (D1), in order to get early trading signals. :-)
Using Candlesticks coupled with Ichimoku, will help you to trade more serenely; finally, one of my favorite indicator is the Mid Bollinger Band,
which should be seen as an excellent "barometer".
Enjoy your Sunday and have fun
Ironman8848 :-)
As long as we stay above the strategic uptrend support line, ANY downside move
should be seen :
as a corrective move, in a tactical way and in a countertrend trading action !
Nevertheless, in a high volatility environment, "fine tuning" analysis, in using all time frames,
in beginning to screen price action from long term (D1) to very short term (M5) to get at a glance the overall
trend on each period and then beginning from the opposite way in starting from the very short time frame (M5)
to long term (D1), in order to get early trading signals. :-)
Using Candlesticks coupled with Ichimoku, will help you to trade more serenely; finally, one of my favorite indicator is the Mid Bollinger Band,
which should be seen as an excellent "barometer".
Enjoy your Sunday and have fun
Ironman8848 :-)
