This is an example of how to apply the concepts I explained in the oscillators tutorials.
I have numbered the text boxes so that you read them in the correct sequence. Start from the left hand side and move along the chart. In this example we have applied some basic concepts like and patterns as an additional tools to the oscillators. It is always important to use more tools to support your view (but not too many).
Also it's always important to put things in context of the the price action. Whether it is trending up or down or sideways. In addition, remember to look at the bigger picture, as an uptrend on the , might be merely an upwave in a sideways market on the weekly or monthly chart.