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HH HL Higher highs, Higher lows
Updated January 22, 2010
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HH HL Higher highs, Higher lows
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#1 (permalink )
Dallas,TX
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 598 since Nov 2009
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Resistance Breakers :
Higher highs and higher lows could indicate a possible breakout to the upside.
Possible new HOD (high of day ).
Lower lows and lower highs could indicate a possible breakout to the down side.
Possible new LOD
Is there a indicator to see this? or need to learn price action thoroughly?
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#2 (permalink )
the coin hunter
virginia
Experience: Intermediate
Platform: ninja
Trading: NQ
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The following user says Thank You to cory for this post:
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#3 (permalink )
NY
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
Posts: 2,526 since Jun 2009
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emini_Holy_Grail
Resistance Breakers :
Higher highs and higher lows could indicate a possible
breakout to the upside.
Possible new
HOD (
high of day ).
Lower lows and lower highs could indicate a possible breakout to the down side.
Possible new
LOD
Is there a indicator to see this? or need to learn
price action thoroughly?
You will be doing yourself a tremendous service if you learn price action very thoroughly . HHs and LLs etc and how they relate to support , resistance , open and close prices .
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#4 (permalink )
Dallas,TX
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
Posts: 598 since Nov 2009
Thanks: 176 given,
120
received
Thks Cory. That's close enough
Last Updated on January 22, 2010
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