Calculation Of Temperature Gradients

Trading_ Technical Analysis - Forex-media-based resistance

Today we face one of the key themes of '

technical analysis, operating as an approach to succeed in any market, be it Forex, Stock Exchange, the Options, the Bond

media and resistance price. is defined

resistance

worth the price at which long trend in the market is still more 'times without being able to penetrate up causing a change of direction. The defining moment of tolerance instead of an acceleration of the trend.
is defined

Support

worth the price at which short trend in the market stops more 'times without being able to penetrate downward, causing a change of direction. The time to break down but an acceleration of the trend.
When operating on the market 'must











define the period on which to realize its strategy. All brokers offer chart with time frames from tick by tick up to the monthly. What does this mean?
When I look at a chart for 1min., The graph takes shape at the end of it with the definition of the price so 'noted:
open-close-low-up in the form of

bar

candelstick

so





graph candelstick with 26 intervals of 5min.

bar chart with 10 intervals of 15min

.




point & figure




The support and resistance taken at various time frames of time and then to 1min., to 2min., in 3min. at 4min.,


and so on until 1montly have reliability 'setting which is very different, closely related to the extent' of the time chart. It 'important to keep this particularity'.

If, for example, our type of trading is suitable for a chart of 15min., All of our strategies will focus on the temporal distance, both the timing of entry as a take profit. But how would you say? If my signal set-up of the individual on the price chart 15 min., That 'We would like' to say how my strategy to target profit and stop loss will require 'monitoring of the price about every 15/30min. means that support and resistance have been identified on the chart, in turn, a seal between 15 and 30 min.
If my operability 'moves on a chart to 4h, the media and resistors that have much more space and time 'reliability' of the 15min chart, thus potentially produce far fewer trades.
The short time frame in fact, require trading is a quick and fast if you want more from the changes in market trends. The time frame more 'long instead allow a few transactions but more' long-term.




might be a good strategy considering the short time frame to determine the timing of entry more 'accurate, while the time frame more' long, eg. the daily and weekly, to detect the trend with his support and resistance, and price targets in both operability 'long and short. Or, you may identify horizontal channels of congestion bounded by lines of support and resistance of a daily chart to be able to operate in their achieving a chart with more 'short, eg. to 30min.

The support and resistance can be

static, and then grow on horizontal lines.

Absolute or relative . The former has considerable historical significance. To these belong the absolute maximum and minimum and their psychological impact on generations of investors and 'substantial. Their achievement can 'happen even in times more' than a decade.
The second longer among us' up close. Most 'We find interesting on monthly and weekly chart. Dynamic , then grow up trends upwards or downwards. In this case, drawing the line parallel to them, you can define channels trend of price movements, and any violations, both upwards and downwards, to outline a change in trend or a change of speed 'the same trend.
For more in-depth advice:
www.tradingprofessionale.it
www.hereforex.blogspot.com
www.tradingeducators.it
www.traderlink.it
www.learntotradethemarket.com
The book that everyone should read before operating on financial markets
Technical Analysis of Financial Markets by John J. Murphy


Technical Analysis applied to the Italian Stock Exchange
of Migliorino Forex 2
Trading_ Basics Forex