Tuesday, November 16, 2010


mmmm. i shorted after it appeared a triple top had been made. stopped for a loss. then went short again using the 5 min this time. stopped again. then i decided to reverse the position just for shits and giggles. 3 higher lows, new trend established, lets go for it. eeehhhhh, that was wrong as well. i had to laugh. using only the 15 i see a short 12:30, probably would have been stopped out at 1:30, and another short at 2:45



i also noticed the run up on decreasing volume.



 qqqq: is it possible to nail these trend direction changes at the proper times?



FIRE: double and triple time frame confirmation.




tomorrow i should be able to sit in front of the screens all day. lets see how it goes.

2 comments:

  1. Quick question for you - how do you get those straight lines from price point? Using a ray? is there a quick and sure way to make them horizontal?

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