Maine $treet Trader™
Focus on the past to improve trading the future(s).
Thursday, July 18, 2013
One of my top patterns, assuming the Market signals are confirming is simply a TL break on the 5 min candles and then a small double top/double bottom
Here's the short in /tf
There was also a simply TL breakout premarket that caught the entire upside -- always worth taking since the risk was around 8t max.
/tf: runs in the morning - sets up short in afternoon
Here's a long off /nq -- using same TL break + backtest on the same day.
Simple pattern, easy to manage risk. Use know sup/res. as targets or just trail. Never have to risk more than 9t max.
Post a Comment
Post Comments (Atom)