DislikedExcuse me... i am a rookie here
can u explain your graph? i don't understand...
thanks a lotIgnored
Brru and Uptala, and maybe others, if you are interested in what ichi360 is talking about, try Nicole Elliott's book "Ichimoku Charts An Introduction to Ichimoku Kinko Clouds" It has a well explained section about the three principles in ichimoku, and one of them is the timespan principle which tries to predict the duration of a move. I personally find it a bit complex and hope ichi360 comes up with a simplified version, but by all means have a look whoever is interested and see what you can come up with. I must caution you that this is not an easy read. I think genious75 posted a link to this book http://www.mediafire.com/?5i5m3m2fgmy I believe it is still active.
Thanks Egkid for the PM and I will hopefully start posting regularly from next week.
have a nice day everybody and good luck.