News Focus
News Focus
Post# of 47297
Next 10
Followers 1649
Posts 18274
Boards Moderated 1
Alias Born 11/10/2004

Re: TA_Sleuth post# 19514

Friday, 12/03/2010 8:28:03 PM

Friday, December 03, 2010 8:28:03 PM

Post# of 47297
Here are some rules of thumb for after the dump, with a P&D play. And what to watch for.

As long as the channel established continues, you can expect a breakout between day 4 & 13. If it fall below the lower channel line walk away.

Channel .015 to .02, right now the channel is 9 days long. If nothing happens after 13 days, put it on watch for 2 weeks, then walk away.

Unleash the power of Level 2

Spot liquidity moves with access to US order books.

Sign Up