lowtrade

[lowtrade]

Depends on you level of risk & belief in the chart pattern.

I trade low risk so said entry on DMI+ up turn from climbing ADX. If you need an extra nickle jump early. But don't hold after the retrace start!

Watch for the run/retrace patterns, 1 day up, 1 day down, 2 to 4 day stall; 2 days up, 2 days down, 4 to 6 day stall; 3 days up, 3 days down, 6 to 9 day stall.

This will help with when to expect a turn! PS; This pattern causes the flag chart pattern, from the 50/61% FIBs working along with the run/retrace.

If the run/retrace works with the FIBs, one can expect a second & third flag. Until the retrace goes to far!


Patterns, I love them.