原帖由 dj08 于 2008-11-11 16:35 发表 I used 5min and 1 min but most focus on 1 min. The first chart is 1 min chart with the cycle as my entry point. Send is 5min chart. Thanks much. 12650 &nb ...
dj08, let's focus on 5min chart
(1) do you have 50ema in your 5 min chart? that line is important
(2) Your cycle is on 2 red candles. Just by looking at the first red candle body, the biggest red candle since mkt open, after see this candle, it is definitly not a buy long point, in fact it could be a short entry if next candle confirms.
(3) After the first big red candle, BB expension is happing, this is also not a place to buy long at lower BB if BB is quickly widens.
(4) The second red candle completely below the first big red candle, this is actually tells more down side below.
(5) do you have ma7 and ma21? I think at that time, MA is crossing to down side, also not a entry for buy long. |