Support and Resistance Trading Forum

Re: SP *PIC*
By:charleydan
Date: 7/16/2009, 7:58 am
In Response To: Re: SP *PIC* (charleydan)

The pattern has turned to corrective wave pattern it appears. Then sometimes they do not follow the rules. That is why this Trader often enters early. Has to bail and resituate the position. Just part of trading.

I still am looking down tho. Like the short side, even tho taken out. New entry needed.

Notice the upperward channel. It appears corrective. Like to see more to verify that.

Often the market forms a small consolidation at this line before dropping and a place I like to enter, also. Just one of the many entry methods I use.

Responses To This Message

Re: SP *PIC*
charleydan -- 7/16/2009, 7:32 pm
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