trading

trading

Wednesday 30 November 2011

Huge rally.


This was a monster follow through day and we settled at the bear trap line. It is do or die time for the bear camp. A break above the bear trap line and the balance of power will shift into full bull mode. Now it's time to be focused on the price and playing the patterns as they unfold and ignore everything else.

A technical guide:  Watch for " crawling along" or repeated bumping of minor or major trend lines and prepare to see such trend lines broken.

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