Here is the 5 minute chart.
Remember, we go to this chart as soon as the 3rd candle of the evening star is complete >>>
By
tymen1 at 2008-03-27
This chart shows the begin of the 4th candle (29), the BB in royal blue, the KC in full grey with the middle band in yellow.
The MACD is at the bottom.
The vectors are drawn on the indicators. They are labeled. Can you see them?
The vectors are also shown on a separate vector diagram.
The BB is going
up and the MACD is going
down. Consequently, the
resultant (the price) is going
level.
This means, according to the rules, that the best entry we can get will be at the
middle Keltner band (which is in yellow).
It is
not there yet so we
wait.
Thats enough for now - next exciting episode tomorrow. Don't miss it! 