This chart is a bit messy; I color coded the vertical lines red for short positions and green for long positions (the same for the up/down arrows). It's a big commissions generator, you have to buy large lots (200-1000 shares per trade) to make it worth while, and the moves aren't spectacular ($0.10-$0.30 per side more or less). But you can get away with a tight stop and nice enough return. It's also a straightforward (dummy) technique, playing trend line breaks.
I used a 200,000 share-bar chart.
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1 comment:
A comment was posted here, but I didn't publish it b/c it contained an email address that I felt should be kept private. Thanks Monk!
-fufufnik
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