Hard1Head1InsideBarTradingSystem

Ihavebeenaskedseveraltimesaboutthistradingtechnique,soIhavedecidedtostartathread.
Allyouneedforthisisa30Minutechart,DailyPivotPointsandtheabilitytodrawtrendlineson
yourchart.Sojoininandwewillgraduatetothehigherchartstogether.Oncewegetseveral
peopletogether,wewillassigndifferentpairstowatchsowecancatchthemall.Belowyouseean
exampleofanInsideBartradethatistriggeredtothelowside.OncetheInsideBarisformed,
youtaketheHighandthelowofthepreviouscandle.Whenthepricebreakstothelowside3pips
belowthetriggercandlelowastopisplaced5pipsabovethehighofthesamecandleandthe
oppositeisthesameforlongs.Entrywillvary,youcanputaT/PatthenearestPivotpointoryou
canwatchthetradeandtrytorideitout.YoucanpullyourstoptoB/Eandjustwaitforthebig
onesoryoucanjustsettlewith10or15Pips.Therearemanywaystomakeitworksoletsgiveit
atry.
ProfitTargets:Ifyouaretrading1minithenyouhavenochoicebuttotargettheATRvalueat
thetimeoftheIBasshowninthe2ndchartbelow,orthefirstlineofsupportorresistance,such
asaPivotPointoradistinctloworhigh..Ifyoucanpullprofit,thenyouwouldpull1/2ofyour
profitoffattheATRorfirstlineofsupportorresistanceandmovestoptoB/Eandlettheother
1/2runtoSupportorresistanceordoubletheATR.
Onthethirdchartyouseeaplethoraofopportunities:
IB1)Nolonghere,onlyshort.Youseethereisplentyofroomtothetrendline.Countertrades
canbeprofitableespeciallytradingawayfromtheDPP.ATRsays38andthereisatleast60to
theUTL.Nicetradefor38pips.
IB2)NastyheadfakehereandIprobablywouldnothavetaken2countersinarow.IfIdid,it
wouldhavebeenaloser.NolongtradeherebecausethereisnoroomtotheDPP.
IB3)Adoubleheaderandyoualwaystakethelongertriggerbar.Youwouldcheckandseethat
theATRis36andtheM3MidPivotis47away.Agoodtradethatnets47pips.
IB4)Thisisatradewithinatrade,ATRis36butM3isonly26sowesettlefor26here.Agood
tradeat26pips.
IB5)AnotherDoubleHeaderandbyrulewetakethefirsttriggerbarandignoretheotherIB.
Tradingawayfromthe89andM3wehaveagood80pipstotheDPP.Thisonedoesnotspring
backtohityourB/EstopandATRis40soyoupull1/2profitat40andlettheotherrun.Agood
tradeat120totalpips.

IB6)Thistradeisignoredbecauseyouarealreadyinacounterandyouaregettingtocloseto
DPP.
231Pipsinonemorning,didntevenbreakasweat.

PairsTradedhere:USD/JPY
EUR/USD
GBP/USD
USD/CHF
USD/CAD
AUD/USD
EUR/JPY
GBP/JPYForexpieriencedtradersonly
EUR/CHF
CHF/JPY
EUR/GBPForexpierincedtradersonly
NZD/USD

LONGSTOPSARE5PIPSBELOWTHETRIGGERBARLOW.
SHORTSTOPSARE5PIPSABOVETHETRIGGERBARHIGH+Spread.
Ifthereisanyonewhocouldhelpmemoderatethisroom,pleasesendmeamessageasIcannot
behere24hoursaday.
Thereisonemorething,StayoutofIB'swhenthesessionsopenandclose.Waitandtradethe
momentum.Ihaveseenthismethodfailafewtimesandtheyhappenrightattheopeningofa
certainsession.
Seepost#665fordirectionsonTrailstopE.A.
5Questionstoaskmyselfbeforepullingthetrigger!!

1)AmItradingtrendwiseoratleastwithT.O.M.(Trendofthe
Moment)?
2)AmItradingawayfrommytrendlines?
3)AmItradingduringanynewsreleases?

4)AmItradingjustbeforesessionopens.
5)AmIclearoftheDPPandthe89SMA?
T.O.M.=TrendoftheMoment
IB=InsideBar
DPP=DailyPivotPoint
DT=Doubletop
TT=TweeserTops
UTL=UpTrendline
DTL=DownTrendline

InsidebartradesetuponKIWI.
MyEntry.5305T/P.5285Stop.5340

Iampullingthisoneoffthetable,Itmaycomethrough,butjusttomuchconsolidationforme

ThisIsStillATradingSystem,AlthoughSimple,
WeStillWantToTryToStayWithThe
PredominantTrend,OrTheTrendOfThe
Moment!!!

Belowisanexampleofaninsidebarsetupforadirectionalchange.ThemarketisslowtonightandIm
goingtogetanap.Lateron.
Quote:
OriginallyPostedbyLasVahGoose
HowoftendoesanIBsignalachangeintrend?IsthereawaytotellifaparticularIBisgoingto
change'trendofthemomentUPtoDown?

Yes.butitsalittlemoreRisky.Wecanusuallytellwhichwaytosetthelimitorderbylookingatthe
precedingcandle,EXA;Exampleinmylastpost.
Jim
Quote:

Don'tWorryIfYouOnlyGet15Pips,JustBank
ThePipsAndStartLookingForTheNextOne.
Besuretodrawyourtrendlinesonyourchartsaspossibletargets.
2Tradestoday,guys.Totaling219pipsifyouusedmyentriesandtradedPivotPointtoPivot
Pointpullingyourstopupbehindthepreviouscandleeachtimeanewoneformed.Icannot
stressenough,youmayhavetopullyourtradeatthenexthighorlow.Beprepared.

Keepdrawingimmediatetrendlinesasyougo.Movetolargertimeframeandputsomeofthe
closeroneson.Thiswewillrelyoninsteadoflaggingindicators.Wewanttoknowwhatthe
marketisdoingnow,not30minutesago.
Aslongasyouknowitsranging,youwon'thaveaproblem.AsIsaidbefore,youmayonlybeableto
tradetothelasthighorlow.Thatswhyweneedtogetouraccountstothepointwherewecantrade2
microsor2minis,whateverthecasemaybe.Thatway,ifitgoes10pipswith2on,wecanpull1/2off
andpullstoptoB/Eandcatchtherestincaseitdoesgothedistance.
Checkoutthesereversalcandlesingrayandseeifyoucanfigureoutwhattheyallhaveincommon
andwhytheyaredifferentfromtheblueones.Thediff.istheyarefollowingamovedown,wherethe
blueonesarenot.Thesearethelittlethingsthatwillhelpussucceed.Noticehowthemovesupare
moredefined.LetstakethefirstcandleingrayasearlymorningturnsintoU.S.session4AMEST
formsaniceinsidebar1candlelater.ExcellentchoiceforaIBtrade.Thenextisablueshadowand
samekindofcandlemeaningsomethingtotallydifferent.Allthisis,asimplepauseinthemoveup,but
possiblyconfirmationthemovewillcontinue.Nextgrayshadow44:30PMrespectively.Notagood
timetotradethiseventhoughaIBisformedandfinallydoesproduceprofitofabout37pips.Thenext
blueistheLondonopensparkingalittlevolatilitywithanIBworthtakingforaquick54pipsuptothe
PivotM3.Thenextblueissimilartothefirstasitisinthemiddleofamovedown.Thenextgrayis
thatgraveyardmadeupofareversalcandle,ahammerandadoji.Herewegetthereversalcandle
tellingusthebearsarelosingsteamatthebottomofthatNonFarmdrop,ok,wearelookingforanIB
andwegetitintheformofadoji.Therestishistory,andweevengetanotherconfirmationIB1hour
latertellingustostaywithit.

IamnotthebestatteachingandthatiswhyIamdoingthehandsonthinginthethread.Ilearnbetter
doingasIgoalongandIamsureyouwillseewhatImean.ForExa:IknowwehaveanIB,(Blue
Shadow),at16:00andthatisfine.Thenextonecameat18:00andthenextoneintheblueshadowwas
at19:00.IsawthetrendlineandtooktheearliestentrythatwasoutsideofthatDownTrendline.The
oneat19:00triggeredBEFOREthetrendlinewascompletelybroken.Andtheoneat16:00wouldhave
beenlateragainandresultedinlesspipsbecausewewouldhavenotgotteninuntil.6391.Again,Iam
notgoingtogetgreedyandIwillsuggestmoreoftenthannot,that,ifyouaregoingtopushformore
pips,thenyourinthewrongthread.Iwilltakethesafestentryandtherewillbelosses,I'mnotgoingto
blowsunshineupyourbuttandlietoyou.

Remember,it'snotrocketscience,yourtrendofthemomentisup,yourbestIBtradesaregoingtobe
theonesthatbreakouttothelongside.
Now,realtimeIdon'tknowifwewouldtakethistradesimplybecauseitisinconsolidation.However,
thisshowsthatyoucanstillgetintoagoodtrade,evenwhiletheimmediatetrendisneutral.Thistrade
isalmoststoppedout,ifyouareinforthelonghaul,butonlybecauseithasn'tresumeditstrendfrom
Thursdaywhichislong.NFPpushedthisdown,butasthebigguysleftfortheday,thelongtrendof
themomentwasresumed.WegotourbreakofM2,whichwasourtriggerline.NowIdon'tknowhow
longbeforeIcallthetradeoff,Ihaven'tfiguredthatoneoutyet,butIwill.Buthereyouseethemove
pastthetriggerlinehitthefirstareaofresistanceimmediatelywhichinmybookIwouldhavepulled
1/2mytradeandmovedmystoptoB/E.Iwouldhavebeenstoppedoutduringthenext3candleswith
13pips.HadIleftmystopback,Iwouldbestillinthetrade.Butthatisnotthewaywewilltradethis,
it'saFridaymorningandusuallywedon'tgetthelongsustainedupmove.Otherwisewetradetothe
DailyPivotPoint.....

HerewehaveaconsolidationinprogressontheE/JrightaroundNoticeIdrewatrendlineoffof3tops
toestablishresistance.ThetrendofthemomenthereisDOWNguys.WeseetheIBformedonthe4:00
candle.Now,wearewaryofabreaktothehighside,itcouldbehad,althoughitwentonlytothe
trendlinefor25pips.
Ididthisforareason,inlivetradingtimeweprobablywouldhaveonlyputourlimitordertothe
downsideandleftthelongalone.Ifwehaddonethisthingswouldhaveworkedoutgreat.Webrokeour
triggertotheshortsidetothefirstPPthatcameourway22pipsoutwewouldhavepulled1/2ofour
load,pulledthestoptoB/EandworkedittothenextPP.Bingo,anotherIBanddownshewentanother
147pipstothethirdlineofsupportat118.56.Thisgivesus2minisat23pipsequals46,plusthe
garbagerunondownto118.24for147moregiveus193ononemovewith2minis.

Samemovedown,anotheropportunityknocks,weseeanotherIBat13:30.Quicklyweloadour2minis
onandwetradeittotheDailyPivotPointat117.82,thats82pipstimes2equals164.Wemoveourstop
toB/Eandtakehalfoff.SincethisistheDPPweprobablywouldhavesettledforthe164,however,
thereare64morepipstoanunknownsupportareainwhichafterseeingthe2spinnerswewouldclose
thetrade.We'llcallit164.

Morningstaragainstthetrendwithalongredcandle.Risky,especiallywiththe89sittingrightthere.
Bytheway,Iaddedthe89Smoothcloseinyellow.Eventhoughthistradegoesoffwithoutahitch,its
abadgamble.Andyouwillsoonseethatyouwillberepaidforyourpatience.

Wearegettingtangledupinthe89andtheDTLhereguyssowehavetobecareful.TheIBheredoes
endupgetting62pipsbuttheDTLisonly7pipsaway.AnythinglonghereuntiltheDTLisbrokenis
taboo.
Bytheway,IhaveopeneduptheStochasticsandeventhoughthisisalaggingindicator,itcanhelpus
withdirectionthroughdivergence.ThatiswhatIamlookingfor.Iuseitonlyfordirection.

Anythingthroughhereisrisky,howevermostcomethrough.Youjusthavetobereadytopullthem
quick.25heretoarecentlow.

ThereisanIBherebutwewon'ttakeit,why,becausethetrendlineisinoutface.Actuallythiscanbe
takenshortatthebreakofthetriggerbottom,butthereisthe89again.Letswait.

Ok,89istherebuttrendofthemomentisdownalongwiththemajortrend.ThefirstExa:15isok,but
risky.The2ndExa:16isperfectaswebreakawayfromthe89andthefirstredcandleoffthebreakisa
flatbottomwhichmeansthenextcandlewillalmostalwaysglowred.Weget72with2minisandmove
stoptoB/E.Thistimeitcomesbackandwedon'tgetstoppedoutatB/Eandthepairmovesdownto

thesupportitjustformedat116.95whereweexitwith72times2equals144plusthegarbagepips,37
foratotalof181onthistrade.Thanksforbeingpatient.

OK,wemoveonthethenextexample.Wegotanicelongleggedhammertosignalapossiblemove
backuptothe89andDTL.WegetanIBbutweareagainstsowearewary.Wechecktoseeifthereis
anyresistanceandweseethe13:00candleandquicklyweseewecanget27.Ifwehadn'tseenthe
invertedhammerasthetriggerbar,Iwouldsaypass,butwiththatwecouldhaveachancetogoallthe
waytothe89,(Approx.48Pips),orpossiblytheDTL,(Approx.64pips).Itdoesneitherandwetake
the1/2offandsettoB/Eatthelowofthe13:00candle.Itgetsrejectedandstoppedoutimmediately.

Herecouldbethefirstloserwehavecomeacross.Now,hereiswhereyouuseyourcluestokeepyou
outofthistrade.NoticetheIBcandleandwhatdoyousee.Thisiskindofareversalcandlethatsays
beware,wecouldbereversing.Westayoutalthough18pipsispossiblebuttherearenotargets.Wesit.

Hereisaniceone,butthelongcandleistwiceaslongastheIB.Ipass.

Backinbusiness,wearecatchingashortoneoffthe89andtheDTL.Wecatch38pipswith2minis
butarestoppedbackoutatBE.Iwillgraciouslytake38here.

Thistriggerbarisalsoareversalbarwhichinthepositionitisinitiscalledashootingstar.Loand
beholdthereisanIBinthemix.Wegotatargetatthe89inwhichweget43morepipsandwearethen
stoppedoutatBEafterwetake1/2profitoff.Wewilltake43.

Herewehaveanotherlittleone.Seehowtargetsshrinkwhenaroundthe89.Wewillsteel27hereand
bedonewithit.BEwillbestoppedout.

Jackpot,althoughwearejustabovethe89,aquickcheckandweseewecangetaquick26time2
equals52pipstothe89.Weenterthistradethinkingthatwewillonlygotothe89andgetabounceto
bestoppedoutatB/E.Butthisisoneofthoseequalizersthatmakeitallworthwhile.Aftermovingto
the89wequicklymoveourstoptoB/E,nevertobehit.Aftertakingoff1/2atthe89weleavetheother
halfroll,androllitdoes.ThinkingitmaygototheDTLorthelowat12/321:00candle.Wepullthe
tradeaftertheDojipullsbackup.Soweget124+52equals176pips.Arewehavingfunyet.

Hereweseeyetanother,dowetakethisshort.No,whynot,becauseyougot3reversalcandlesthereto
tellyounotto.Thisisaneasynocall,However,wecantakethislongifwecangetthroughtheDTL
andtradeittothe89.Boom,thisonecomesback,butsincewedidnothitourtargetourstopremained
there.Sopricecomesbackaswerideitout.Tradeslikethisyouwanttowalkawayfrom.Itmisses
stoppingusoutby2pipsandthengoesonafteraDTLbouncetohitourTPat52pipswherewepull
1/2offandpullourstoptoBE.Itmissesourstopagainandblowsthroughthe89headingtothenext
majorDTL.WepullprofitattheHammerwhichisasignofreversal.Nomatter,wegot52+151
garbagepips=203pips.

Wewilltake40heretothe89andthebouncedoesnotgettoourBEtrade.WeletitrunonintoNFP
andpullitafterthespike.Sowegot40times2equal80+153=233ondown.

Notradehere,Thestoplosswouldbetomuchformyaccountrightnow.

OK,soyougottheIBpartdownandyouunderstandthesetupandthetriggerright?Good.
Now,whatJimissayingaboutreversalbars,S&R,&the89isbasicallythatwedon'tjustblindlytake
everysingleIBonacollar(longandshort)andthen'hope'forittobreakandgoinadirectionfar
enoughforourfearand/orgreedtoeitherletustakeprofitorgetstoppedout.Instead,weuseprice
action(reversalbars)andsupportandresistance(pivots,dailytrendline,andthe89)togiveusan

indicationastowhatpriceislikelytodo.
Forexample,ifthedailytrendisdownandwehaveaninsidebarform,butitisonly5or6pipsfrom
the89passonit.Morethanlikelyitwillhitthe89andatleastbounceoffitpossiblyfarenoughto
stopusout.Instead,sitthatoneoutandwait.Nowifpricedropsbelowthe89andthenextareaof
supportisadailypivot25pipsdownnowwelookforanIB.Whenwegetone,placetwoshortorders
atthetriggerline:Thefirstonetakesprofitatthedaily(firstareaofsupport),andthesecondoneruns
(withastopatbreakevenafterthefirstordertakesprofit)to(1)thenextareaofsupport(2)tillprice
indicatesareversal(pinbar,doji..etc)or(3)pricereversesandhitsourBreakevenstop.
nicesystem
nottryingtochangeit,
Butaninterestingpointyoursmoothed89closed
isbasicallythesameasthe200emaclosed.
soifsomeoneistradingonoanda(likeme)youmightbeabletouse200emaclosed
Ibelievethiswillworkwithanypair.Iwillbelookingatallpairs.Withthe30minutetimeframes,we
willhaveenoughtimetoanalyzethepairseasily.Iwanttostickwithanythingwithspreads5orless.E/
Uwillbethebestandmostefficient.
2756ismyTPhere,theDTLonthechart.Stopisat2712

Nice,pulled1/2offattheDTLandmovedmystoptoBEat2735.Lovetoseethiscontinueon
outtothe4HrDTLyouseeonthischart.

Mysecondlotismovingonasadvertised.Ilookforthistogoallthewaytothat4HrDown
TrendLinebeforebouncingshort.Thenitdon'ttakeEinsteintotelluswhatwearelookingfor,
Right.Iammovingmystopupbehindeachcandleastheyclose.

LookatEJeveryoneandyouwillseewhatIwastalkingabouttheotherday.Youcanseethe
reversalcandlesforming.Completewithahangingmanformation.

Igotconnectionproblems,Ipulledoutearlyonthattradewhenthereversalcandlesshowedup.
TheyshowedupasTweezertopsonthe30
WegotanotheronebrewingonU/Jhereeveryone.

HereisthesamechartwithT/L

TheonlywayIwouldtakethisisUp,people.Iputthetriggerlinesontoshowyouwhatweare
upagainst.

DidanyonetaketheG/U,Mycomputerwentdown.IaminU/Jthough,butthereisnotmuch
roomthere.DTLintheway.Shouldbeok,though.Becareful,ATRonUJisonly22

OkEveryone,hereisagoodexamplewhywemustbepatient.TheU/JIBjustnowhitprofit.It
neverdidhitthestop.LOLThatwas4HoursagowhenthatIBtriggered.
NowletstalkabouttheCable.TheDojigravestoneIBwasallweneeded.My17yearoldcould
havetradedthatone.Wecangetthepips,people,itsjustamatteroftime.

Thishammertoldmeitwasabouttobreakthatlittleflag.

OnethingtokeepinmindwhenIB'sformatorjustbeforeopeningofsessions,theresulting
spikescannullifythismethod.Thishappenedat1AMESTthismorningwhentheIBontheE/U
wastriggeredtothedownsideandtheresultingspikeoftheopeningsessiontookmeoutofthat
trade.Hey,welearnaswegoandifthisistheonlythingwehavetoworryabouthere,wewillbe
fine.
ThatwasanIbandatthetimeyouwouldhavethoughtNotradebecauseoftheDPPat2881,asa
matteroffactitisstillstrugglingwithit.ItwascoolifyoupulledyourprofitattheDPP,butI

wouldnothavetakenitbecauseitgoesagainstalloftherules.Thetrendofthemomentwas
down,thedistancefromthenextpointofresistancewaslessthan20pips.Andtherewasnews
comingout.Hopethishelps.
Jim
Quote:
OriginallyPostedbyoblo
IBformedonE/U.Possiblelong?
NEVER,NEVER,NEVERtakeatradeonapairthatisexpectingbadnewsahead.Especially
whenthepairistrendinginthedirectionofwherethenewsissupposedtosendthepair.
IfCadbreaks1.2751wecouldseeitgoallthewayto1.29001.3000area.Checkitout,a
HammerafteranIBinthedirectionofthetrendofthemoment.ThenitbouncesofftheDPPand
blowsrightthroughthe89....WOWandImin.

Wasinbed,buddy...LOLgottasleepsometime.Onthattradeyouhavetoweighthepossibility
andsaytoyourself,Igotaresistancelinejustabovewhatwouldbemyentry.Isthereenough
pipstogetenoughprofitthere.Inthiscasetherewere24orso.Iwouldtakethattrade.
Jim

Quote:
OriginallyPostedbyjonaslt
EURGBP30minIBsetup
rightatatrendline,H1H1shedsomelightonthisifyouhaveany.I'mnotcomfortabletoattemptthis
oneyet.

AnyonethathaseverhadamigraneknowwhatImean.Ihavechosetonottradetodayandhelp
answerafewquestionsthatpeoplehavebeenasking.Howtodeterminewhichonestotake.Well,
Ifthemarketisconsolidatingorinatriangleliketheonebelow,youhavetobechoosyandyou
musthavethismindset.

ALWAYSBEPREPAREDTOSETTLEFOR1015PIPSIF
YOUARENOTSURE!!
Lookatthepairbelow,TheAussieshowed3IB'shere,whichonewouldyouhavetradedand
why.Anyone?
Thispairwasinsideatriangleandyoucanseeitbetterifyougotoasmallertimeframe.Thisis
wherethelawofaveragescatchuptous.Ifyoutakeeitherthe2ndor3rdone,youcouldonly
havehopedforthemtocometothetoporbottomofthetrianglewhichisactually2different

trendlines.Theanswertothequestionwasthe1stone.Whyyouask,becausethatiswherethe
lineofresistanceis.Andifyounoticeitturnsouttobeagreattrade.The2ndonefails
miserably,andwhywouldyouevencontemplatethatonesittingdirectlyontheDPP.The3rdis
thesamewayalthoughittradestothetopofthetriangle.Bottomline,TheonlyonIwouldtake
isthefirstone.

Iwillleaveyouwiththis.Payattentiontodetails.Iheardsomeonesayearlierinthisthreadthat
hisdefinitionofanIBincludedevencandlewicks.IfthewicksareevenitisNOTconsideredan
IB!!Also,youshouldbeplacingentry3pipsbeyondtheHighorlow.Thereisagoodreasonfor
this,consideringthewickrepresentssomekindofresistance,youwanttoseethatresistance
broken.
Thismessofcandlessaythispairisgoinglongforabit.

Overalltrendisgoingup,trendofthemomentwasdown.

Ranger,TheonlyreasonIuseStochsistolookfordivergence,particularlyontheDailyandthe4
Hr.WhenIseeitIwillshowyouwhatImean.
LOL....PerfectExampleof30MinhiddendivergenceontheSwissy,andofcourseitwentdown.
Seehere,http://www.babypips.com/school/hidden_divergence.html

a)priceupordownontheday(oraswecallithere,TheTrendofTheMoment)
b)Howfarhaseachsignaledpairmovedduringthesession(Iwanttheonemovingthemost)
c)Whatistherisk?(Oneofthemostappealingaspectsofthisislowrisk)SometimestheGeppy
barsaresolongthatyoucan'tgetatightentry.
d)Sincewe'relookingtotakepartoffquickly,Iconsiderthespreadwhencomparingsetups.I
wanttocovermyriskbytakingpartoffasquicklyaspossible.
e)Whatisthepotential?Whichpairsarereadytobumpintoresistanceandwhichoneshave
room.WithHH'smethodwe'realwaysawareofthesmoothed89closeandDailyTrendline.
IfthereareonlyafewsetupsI'mnotquiteascritical,butthemorethereare,theharderI
compare.Thereareenoughgoodsetupsthattheydon'tneedtobetweaked,e.g.That'salmostan
IB,or,I'mgoinglong'cuzit'salmostupontheday,etc.
Sorry,IhadtodrivemyDaughtertoschool.ThereasonisorwasthesameoneIhavebeen
talkingaboutalllastnight.IexpectedtheEurotoweaken,whichmeantashortanditwasright
ontopofDPP.Nowafteritwenttothetop,andformedtheHammer,Bingoaniceshort.SorryI
couldn'thaveansweredearlier.
Jim
Quote:
OriginallyPostedbyFOURX
whynotjim?
longbackto121.65?

U/CADcomingdownoffofaDailyTripleTopblowingthroughtheUpTrendLineaswespeak.
WOWCheckThisout.
FYI:Itookthistradeshortasalongterminvestment,thiswasnotanIBtrade.

IfyougetanIBatthetoporbottomofthischannel,tradethisdamthingupanddownaslongas
itstaysinplay.Gotanicesupportatthebottom,theDPP

Sometimesyoucangetalittlehelpfromcandlesthatsignaltheendofarally.Ihavepostedsome
below.Noticewhathappenswhentheycomeup.Now,justbecausetheypopupdoesn'tmean
theywillchangedirection,solookatwheretheymakethemostdifference.