January 28, 2011

Apple hour chart analysis

CHART-II
  • Range beaks down. gives a good short trade.
  • If price continue to move away from 50 hour moving average bears can extend gains.
CHART-I
  • Apple falls below 50 hour moving average.
  • But the range in hour chart is yet to be resolved.
  • If 342.75 breaks bears may extend gains below 50 hour moving average.
  • ASCENDING TRIANGLE OF ES
By at

2 comments:

  1. deemisJanuary 28, 2011 at 10:28 PM

    Dear SAN
    can u plz guide me how to configure MT4 to display the correct date time at the horizontal scale at the bottom of chart window.

    regards
    deepak

    ReplyDelete
  2. SanJanuary 28, 2011 at 11:34 PM

    @deemis

    I use MT4 for charting purpose only. So the only thing i change is the colour. This can be done by right clicking on the chart and selecting properties. There are some more options in properties which you can change. But i have not seen the time settings in MT4

    ReplyDelete

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