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.
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Rawr!
ReplyDeleteLove the FIRE setup. Easy peasy.
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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