Friday, May 9, 2008

Trader blue chart

I missed the initial consolidation,was there in the second one but didn't take the trade.


JF David said...

I like the 2 hammers just before the breakout of the 2nd consolidation. Hammers clears weaks hand before the liftoff.

PRD trader said...

Hi david,
You are right hammers shows strength .i like the second consolidation because it was 45 minute long ,near the days high and most of the consolidation candles were NR.

JF David said...

same pattern today on SOL:

miss that one :(