Posted by: tyrannyoflogic November 21, 2011
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Shorts having a ball today...financials heading to the crapper one more time ..LOL might be a good scalp on the long side if they hit their previous bottoms from october(although i seriously doubt they are gonna go that low )
@80s hammers/hanging man are really important (at least to me cuz I have seen it work 90 percent of the time)...jst pull up ANY candlestick chart and find the hammers and the hanging man candles both on the top of an upside move and the bottom of a downside move...u will find it working most of the time ..they give you a pretty good idea of stops too ..on how you should trade the equity
@80s hammers/hanging man are really important (at least to me cuz I have seen it work 90 percent of the time)...jst pull up ANY candlestick chart and find the hammers and the hanging man candles both on the top of an upside move and the bottom of a downside move...u will find it working most of the time ..they give you a pretty good idea of stops too ..on how you should trade the equity