That's something for you to decide based upon your trading
style. I would focus on the 30/60 minute charts for a sell
signal versus shorter time frames unless you are a quick trader.
Otherwise, wait for a breach of the neckline. UPL is
holding the 50 MA (that's where buyers show up) and until it's
clearly breached, more upside is possible.
which chart? 60 min? 15?
UPL?
Posted by frtaylor on 6th of Jan 2011 at 02:21 pm
which chart? 60 min? 15? then watch for MACD to turn below zero? help most appreciated!
That's something for you to
Posted by steve on 6th of Jan 2011 at 02:22 pm
That's something for you to decide based upon your trading style. I would focus on the 30/60 minute charts for a sell signal versus shorter time frames unless you are a quick trader. Otherwise, wait for a breach of the neckline. UPL is holding the 50 MA (that's where buyers show up) and until it's clearly breached, more upside is possible.
thanks -
Posted by frtaylor on 6th of Jan 2011 at 02:24 pm
thanks -