02-01-2008, 10:43 AM
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Piggyback_Trader
has no status.
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Re: Trade of the Day
[quote=monad;29243]
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Hello All,
As mentioned before, very narrow focus for me, but I'll contribute for educational purposes, you all have a good thing going here.
Keep in mind, the big money sold into those two wide range bars, tested price on that green bar, and ceased selling on the narrow red bar. Once that no demand printed, I piggybacked the move, pretty straightforward. I did not know, nor does it matter to me, if the market goes higher or lower, I made my money.
Thanks Piggyback for sharing your knowledge, great trade execution,
Did you mean to state NO SUPPLY on that down bar with low vol. rather than NO DEMAND. |
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Correct, NO SUPPLY. I have aixelsyd (oops, I mean dyslexia), I get things backwards, big time benefit for following market manipulators - I see opposite of what they want the heard to see, which of course is how the big boys trade.
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