Pips to the people: 15 min cooperation

Monday, February 4, 2013

15 min cooperation

Today, Monday, there was a loooooong divergence. These are OK, if there is a divergence on 15 minutes as well. Monday had a situation like that.

TWADJ works nicely on 15 minute time frame as well, so that should really be all that's needed. SL is a bit bigger there, though.

Here are two images of the divergences. (No, I didn't take them as I got back to late.)

5 min

15 min

1 comment:

AnonymousFebruary 5, 2013 at 9:27 PM
Well done on spotting that trade. Nick picked the doji at 19.10, I meanwhile picked the engulfing at 19.25 and then the harami at 20.45. Double oops! I find switching to the 15mins is also handy to confirm the trend when the 5mins is looking less clear.
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