Sunday, January 5, 2014

Fractals Jan5,2013






XAUUSD, Fractals, Awesome Oscillator
Fractals


The shaded areas on this chart are a way of showing fractals. 

Some traders use this display to enter pending orders at the top or bottom line depending on the trend.

For example, a scalper using a one minute chart will find the fractals display and the Awesome Oscillator a great combination when evaluating entries.

Description of Fractals from Investopedia.
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