The most active stock on my watchlist today. A very low-priced stock, heavy volume, and a big mover on a down day.
__________
Tags:
Trader-X, Stocks, Fibonacci, Trading, GNLB
The Most Important Lesson in Trading Psychology
19 hours ago
Monday, June 05, 2006
GNLB - 060506; 15-minute chart
posted by Tom C:
The most active stock on my watchlist today. A very low-priced stock, heavy volume, and a big mover on a down day.
__________
Tags:
Trader-X, Stocks, Fibonacci, Trading, GNLB
The most active stock on my watchlist today. A very low-priced stock, heavy volume, and a big mover on a down day.
__________
Tags:
Trader-X, Stocks, Fibonacci, Trading, GNLB
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3 comments:
I'm still fairly new to this so I have much to learn... wouldn't your entry bar be a classic hangman- long upper wick from the previous bar followed by a hanging man?
Chuck
Actually, it is a pullback from the highs set by the first bar, culminating in a hammer (though it is not a "textbook" hammer).
Ah, that makes more sense now.
Thanks Charles,
chuck
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