View Whole Thread
Thread: Kolachi Method of Trading
View Single Post
  #46 (permalink)  
Old 10-20-2006, 05:25 AM
kolachi's Avatar
kolachi kolachi is offline
Forex Warrior
  
Join Date: Sep 2006
Posts: 299
Thanks: 1
Thanked 61 Times in 19 Posts
kolachi will become famous soon enoughkolachi will become famous soon enough
Send a message via Yahoo to kolachi
Default
Long Term Analysis: (This analysis was posted on KT on 17th October,2006)

Looking at the daily chart we can see that ema21 has sloped up and wma5 has crossed through ema200 as well as ema21.Whereas ema55 has almost become parallel to ema100 which shows that there is a flexibility for price to cross through them and touch 617 level.As soon as price will touch 617 level the wma5 will be testing ema100, which probably will reject it and a downward journey make continue toward 500 level.

kolachi
Attached Images
File Type: jpg golddaily17102006.jpg (56.6 KB, 421 views)
Sponsored Links Shark EA Ultimate
Actual Profits on Live Account: +975%
Since Jan 2007. View Live Statements.
__________________
Kolachi Private Forum
Reply With Quote
Read Full Version of This Topic!

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast

Embed In Your Website View All Forex Forecasts