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HH HL Higher highs, Higher lows


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  #1 (permalink)
 emini_Holy_Grail 
Dallas,TX
 
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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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 cory 
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  #3 (permalink)
 Eric j 
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emini_Holy_Grail View Post
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)
 emini_Holy_Grail 
Dallas,TX
 
Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker: Zaner/Zen Fire
Trading: ES,6E,6B,GC,CL
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Thks Cory. That's close enough


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Last Updated on January 22, 2010


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