Friday, July 23, 2010

Three Up Trades Today


There were 3 TNA buy signals today all on the 5 minute chart.
For example: Signal one evolved between the 2 blue lines. The Klinger Histogram(KH) was in the red in the lowest panel and started upticking (2 olive arrows). There were MA & EMA breakout signals (small green arrows) along with a CCI breakout signal (small green arrow). The signal was confirmed by the DEMA crossing up through the other 2 Moving Averages (blue arrow). The sell signal between the 2 orange lines included downticks in the Demarker, CCI & KH (pink & black arrows). The sell signal was confirmed by a flattening of the DEMA (orange arrow).

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