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Re: bbruin post# 1931

Tuesday, 05/11/2010 9:05:30 AM

Tuesday, May 11, 2010 9:05:30 AM

Post# of 1985
bbruin: Thanks for the Canadian stock symbol suggestion. Someone needs to start a petition! As for the Opening Power Bar - our definition is exactly what we look for; namely,

"A power bar is defined as a large candle, where the open is near the high or or the low, and so is the close. The position of the close says whether the bar is bullish or bearish. This sets the direction for the entire strategy. "

Take a look at the latest results tripping this alert (this will get you familiar with examples of how the alert works): http://www.trade-ideas.com/SingleAlertType/OVO5U/Bullish_opening_power_bar.html

What I like about these alerts is the description information we also provide regarding setting stops - just great stuff.

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