Kreslik.com - traders community since 2006

Please help me understand extremes. We trade away from extremes on a daily, or weekly chart?
When you say 2 day extremes is it the highs or lows for the 2 days?
or
Is it only the highs or lows of 2 days that fall with a color change?


thank you,
S

im lost...back to reading....

Averages? of what points?

High, low, 50 percent?

I want to make money! 30-50 pips a day. How? Thats why im back..... :) S Awesome, thanks so much. Would you recommend I finish the rest of the 250 pages in the NLA thread before beginning this thread? Or skip to this thread or even the post you linked me to? I would never tell someone to read throug...

Nicely said!! Here is what I don't understand ](*,): I remember that you told us it takes momentum to break a zline, but it also takes momentum to reject one. Is there any difference for you that makes you prefer trading this way (from these places, with broken zlines first)? Trying to answer myself...

Like this?

60/32/2

Shinobi,

So a hourly E/J chart....with the SW indicator on the hourly chart but set to a 15 min time frame under the parameters? Correct?

Way to go MDSEA!!

Can yo do a favor and adjust the pics so we can see the prices on the right?

im short on e/j also....

keep it goin!!

Sandra

Thank you for all your help, my trading has really taken off!

Sandra

Brandx,

Here is a pic of my tradestation platform, Im trying to get the setup you had posted. Im using the Moving Average Envelope indi, with a period of 20
pctabove=.2 pctbelow =.2

but I only get two lines??



Sandra