Wednesday 27 May 2015

How to Identify the Swing high and Swing Low on MCX Crude Oil for better trade decision? Part 1



Identify the Swing high and Swing low

you can follow any one way for identifying the Swing high and Swing low.,

1. High and Low Price in a particular Time frame.The Minimum time you must take for the observation is one hour.

2. If the Current price action of the script is trending then take the low or high follows the trend high or low.

3. If u encounter congestion then take the high and low in greater time interval