Wednesday, November 11, 2009

240 minute


This was a beautiful SHORT at 14.07 on November 3rd and there is no reason to believe that the next BUY will not be equally as impressive. As the chart above shows, as of now that Buy is up at 12.36.



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1 comment:

Anonymous said...

Allan,

I must say I commend you for thinking up this approach/strategy!
More importantly, I thank you for sharing it with us.

What I find most interesting/exciting about this approach is it forces you to let the trade breath without stopping yourself out prematurely.

The 240 chart above beautifully demonstrates this point.

You haven't mentioned daily charts lately, but I'm sure you made a mint in recent uptrend in main ETFs. I speak with certainty because every time I compare your posts with my charting software your blue one is faster....lol

I've made more than my share of posts lately so I think I'll shutup, listen and learn for awhile :-)

Yikes, my workstation has that nice shade of green again.

Thanks again

Lucky Luciano