I posted intraday comments about these Friday; here are the charts. Answer the three questions on your own.
A special note about first bar set-ups - I have found that they are not as reliable as some of the other set-ups I highlight on the blog. But, they are still powerful plays. They can be a profitable part of your trading arsenal as long as you use proper money management and adhere to your stops (as you always should!).
I did not trade RSH because I did not like the upper tail/wick - but, it is a nice move to study nonetheless.
Welcome to the Trader-X blog!
things i recommend:
> TRADEthemove.com - my thoughts
> meditationSHIFT (formerly "tad")- just say "om"
please read before asking questions:
Saturday, January 14, 2006
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