Tuesday, November 18, 2008

s/r and trendline cluster

Nice little cluster of s/r and a trendline. I had no intention of trading this because for me I need more of an argument. From my testing, setups where I wait for obvious fpp's have paid consistently and extremely quick. The candles usually "explode" off of these levels. Maybe in the future I will build the confidence to trade clusters like this, but for right now I'll just pass on it.

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