........2b...P/A, TF's + DIVERGENCES

How to use the many things posted on this blog together...

Pairing up different time frames on a multiple monitor trade station layout 
allows you to very easily scan for them all at a glance...
(View long term charts through very short term charts) 

The  following series of charts shows how I suggest you can use
 multiple charts to enhance the probabilities of successful REVERSAL calls. 
5 differing Time Frame chart sets are posted below. 

This 1st set shows very short term time frames. These are "Trade Mode" entry charts. 
Take note of prices and indicator positions at the vertical blue lines. The arrow 
on the left hand chart signifies the level that the entry order was placed.
 Other than the oversold stochastic lines, there were conflicting signals between the time frames...
IE: the MACD EMAs were declining and the histograms did not have divergence-to-price.

Next we have short term time frames. The right hand chart shows the entry arrow, at the same
 level as in the left hand chart above. The stochastic lines are both heading to the oversold area 
and the MACD EMAs are sloping positively. The blue vertical lines are placed
 where the histograms clearly displayed divergence-to-price.
Divergences mark the bottom and trend lines suggest a breakout in process. 

These next sets are what I consider "intermediate" time frames. Again the blue vertical lines 
are placed where the histograms clearly show the divergence-to-price
On these time frames the MACD EMAs are showing positive slope at the entry arrow.
Stochastic is heading downward and are soon to "hook". 
The combination of the MACD EMAs and STO describe an MT SLING indicator pattern.

 Now come the minute based time frames...The blue vertical lines are placed approximately 
at the entry level...the yellow arrows are placed where there are "hints" of a possible price reversal
 IE: the long lower candlestick tails and stochastic being in the oversold area.
 Also, the right hand 5 minute chart is displaying stochastic divergence-to-price.


Look for REVERSAL SIGNALS using all time frames. 
There will never be 100% complete agreement across them all
nor will the signals tell you how much of a reversal to expect. 
But more often than not they will serve you well.