Wednesday, August 6, 2008
High probability set up
This is one of the high probability set up according to Barry Rudd. The reason why this set is very successful is consolidation near high of the day.Longer the consolidation higher the probablity,but we need to have patient to trade this set up. As most of the successful set ups tend to be boring it is one of them. Another thing is we can see that how accurate the fibonacci numbers are,to set up your exit target.
Tuesday, August 5, 2008
FCX short,KND long
FCX: I bought back half of my position after a doller gain and close the position after two doller gain .My decision ,wasn't good i should have hold on to the half of my position.
Monday, August 4, 2008
Sunday, August 3, 2008
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