Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, February 20, 2009

Trade..


so... you see a point like this and you want the downtred to be broken... but you have a double test of bottom... Still want to see an uptrend.. but you can then start a trade and have say a .10 stop on it. below the low or even .05. This is about to be updated because it made another low before making an uptrend.

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