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Thursday, January 12, 2006

Thursday's charts

Strange but profitable action today. I will post charts later tonight (check back after 9:00).

S.S. sent an email in about FRX - I missed it completely, but he took a trade off the opening hammer (15-minute chart). Nice trade - but would you have been shaken out on that fourth bar? Answer the three questions on your own.

FYI - I think blogger will be down for a few hours this afternoon in case you have problems accessing the site...

edit - here is the chart for the FRX set-up mentioned above; great trade S.S.

edit (2) - it appears that the fourth bar tail was a data error, so nobody should have been shaken out. Again, great trade S.S.!

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