Here are a couple of trades that illustrate a simple style that anyone can put into practice. You won't impress people at cocktail parties much with a lack of technical mumbo jumbo but you will be able to execute this type of trade time after time due to its nature.
BTU making new highs, buy it,
BTU stalling volume after big candle, sell it.
ANR making new highs, buy it
ANR stalling, sell it
2 comments:
i'm trying to see what makes it work at that point in time. earlier in the day, there where quite a few spots that buying the highs would not have worked. i have to figure out what the difference is.
market momemtum
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