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No Indicator Mumbo Jumbo


OK HERE IS MY TRADE FOR TODAY
08:35:04 BUY_LIMIT 1184.50
10:06:43 SELL_LIMIT 1188.50
Now they decide to go low right after my exit.........
Going Short at 1158
Flat 4pt. loss
Going long at 1161.25
Sold 1159 exit Open
Be carefull traders going long as we have started from a consolidation zone and prices should revert back to it. They have tested 1156 and found selllers
Originally posted by ak1

Be carefull traders going long as we have started from a consolidation zone and prices should revert back to it. They have tested 1156 and found selllers


Well friends this is the power of consolidation. We have made it back.
Lets go to 1145 and check it out
Originally posted by ak1

Lets go to 1145 and check it out


Well they are doing as anticipated.
Long 1146 LET SEE
http://www.mypivots.com/Board/Topic/4072/21/candle-pattern

4th post in this link gives a further explanation