Thursday, May 24, 2012

Thurs

Still trading rite now but wanted to post a pic of a trade i just took...it is a new type of trade i am working on, a reversal trade...the markets were in downtrends on the longer timeframes and we had a deep retrace back up...formed a swing high on the 4 renko chart and then moved lower...the next push up u will notice the upper band turned from red to yellow meaning a possible reversal area (previous recent high)..entered and sure enough got a push down for some ticks..

No comments:

Post a Comment