Monday, March 13, 2017 10:46:00 PM
MJTK chart: How to trade breakouts. (I just posted this on a breakout board by accident, it was meant for this board, aaarrruuggghhh!)
* This is one of the more important trading events every trader should know.IMO
* Event or catalyst causes 5% to 50% breakouts from the trendline.
* There will be a retrace, you can bet your boots on it.
* The retrace will end at a higher step level with brand new higher support & resistance.
* Our descending triangle looks dangerous.
Inverted dead cat bounce trading rules.
http://thepatternsite.com/idcb.html
Trading the inverted dead cat bounce.
http://thepatternsite.com/TradingIDCB.html
* This is one of the more important trading events every trader should know.IMO
* Event or catalyst causes 5% to 50% breakouts from the trendline.
* There will be a retrace, you can bet your boots on it.
* The retrace will end at a higher step level with brand new higher support & resistance.
* Our descending triangle looks dangerous.
Inverted dead cat bounce trading rules.
http://thepatternsite.com/idcb.html
Trading the inverted dead cat bounce.
http://thepatternsite.com/TradingIDCB.html
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