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Old 01-17-2007, 07:32 PM
nicknextmove nicknextmove is offline
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Re: Trading with Candlesticks: Question with stops

Paul,

I entered long in a down trending market with the expectation that the DOW would rebound - as was the case during the last few days when the DOW would close in +ve territory.

I entered over the support area as expected but ....

PS: This is a pattern that I used to see previously - sell off 11:00 - 11:30 PST and then move up into the end. Looks like it did not work today.

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