Friday, March 11, 2011

AIG


what didn't work earlier, worked here on AIG long


















sold AIG pop

2 comments:

bobf said...

glad you are feeling better.what is the critical point that makes you pull the trigger on a trade? do you have a favorite indicator?thanks for your help.

Scott said...

bob- i use the 5 minute chart, new highs or lows, price action, and crowd psychology to sense if conditions may be setting up for a hi probability trade. Its a combination of many factors, sprinkled with experience that tells me to make the trade. I believe the less technical indicators you rely on the better you will trade. It all comes down to price in the end.