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Re: Duma post# 59634

Sunday, 12/11/2011 10:13:39 PM

Sunday, December 11, 2011 10:13:39 PM

Post# of 79025
Not past use, future use
I am not worried about if it was used in the past. I like the defined trading range and the peaks/bottoms on the RSI. Would the RSI readings circled in red be something similar to what you would watch with SR60 triggers at 40/60? I know it is a different timeframe but that might be helpful if looking for a longer term trade? Also the fact it might give a different perspective to compare with the IWM chart, since the funds sometimes are slightly delayed to the Index movement?
So not worried about the past but whether the chart could be useful for future trades/targets.
Hope the week starts out well for you!

Good Luck to All! :^)

PLAN the TRADE and TRADE the PLAN!


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