Gorgeous
Posted on November 11th, 2008
Written by Richard
Posted in: N/A (old archives)
See how price pushes up through Alla’s Average, then comes down to meet it, and then runs? That is the chart pattern I talk about over and over. If I could go back in time and teach myself just one chart pattern, that would be it!
Note, too, how during the short consolidation (blue bar heading sideways/down to Alla’s Average), the volume pressure kept rising. How could you not take that trade? And, you can see that an everypush “safe” dot shows up (in the bottom subgraph) right where I drew the arrow on the screen… so it’s not just my discretion involved….
Hope your trading day is going well.
Comments
© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.