This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
I made several trades today, and in retrospect there were only a couple that I would not have taken. However, my two best trades were harami candlestick patterns. On both trades, stochastics and MACD were diverging from price - especially the second one.
This seems to be one of the more reliable patterns that I consistently find. I wonder why I don’t trade it exclusively! No more wondering. For the rest of this week, I will be trading the harami pattern only. Now that I’ve said that, oil will move in one direction, without any pullbacks, as I sit on the sidelines.
Check out the VO to see if I stick to my plan. Btw, I need to step up my game, because DT is weeding out the weak. I will be lucky to make tomorrow’s cut. It also looks like Misstrade will have some competition from MomoJuicing.
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
September 25th, 2007 at 7:44 am
Stay with your plan!
September 25th, 2007 at 11:45 am
we always stay with our plan…the only problem is the plan changes on a daily basis :-)
September 25th, 2007 at 1:53 pm
I learned something today… polls about “R” are a big waste of time. However, polls about CNBC anchors and their relative attractiveness are very popular.
Perhaps you perverts and wastrels over here at MtM already knew that. Still, I thought I’d help you guys out.
-DT