Stocks To Keep A Close Eye On

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abhi_neth

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#18,695
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maheshaa said:
yes :) thanks
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OK, I didn't get what you want, so I'll explain whatever I can

The Green & Pink vertical bars is the price movement within 5 minute timeframe.

Yellow line is simple moving average of the last 4 bars closing price.

Magenta line is SMA of the last 5 bars closing price.

The dotted lines are bollinger bands having SMA of 9 periods & standard deviation of 2.

SG had inserted those yellow, green & red arrows & numbers asking Karanm to explain what had happened during those bars, when live trading was going on. For eg the first arrow was signifying a gap down opening, etc. Go back some pages & see whether you can identify what other arrows mean.

In any case, since you are just starting out, I would recommend that you go through w w w. babypips . com & go through their tutorial regarding fundamentals of trading.
 
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