Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Could someone draw the trend lines for SPX on a 1 hour chart using a 13 and 34 SMAs for the entire month of May 2012? I'm a bit confused around May 18-25 how the trend lines come out. When you draw one of the lines around that time, the MAs are already on the right side of the trendline and won't cross. So if someone could do it correctly I can see how it is correct for this situation if that makes any sense.
you can only have 1 trendline in that space, so the next trendline starts after 2 ma cross again, this is where it gets tricky and u ll understand how to do this the more you use the system, also as Creekboy has said try different ma for your chart timeframe finding the ma that work best will help these area as well.
Try different ma you ll see this will help your issue
Only way to do it with these ma is to start trendline same location wait for 2 ma to cross and use the next highest high after the cross and draw it then draw next trendline the same....But IMO your ma times is what adding to your problem drawing the trendlines, if you stay with those ma times your going have problem areas like this