Monday, January 7, 2008







Great trades pointed out by Fchris - IF the 2 std deviation is to be sold at the top then here is another reason to sell at the highs. We had a 60 min bear flag with the osc working off to zero, the 30 min grail sale as well as FC sale, and then you could have taken your pick for a LTF negative diverg since the 5 min,15min, 3200 and 1600 all had the negative diverg's. I selected the 1600 tick since it also shows green red green to demonstrate the ABC to the upside. This HTF setup led to a 20 point deline high to low. 14points should have been taken out of this trade IMO.



60/30/1600 multi TF SETUP - My trade of the day - VInce

No comments: