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Old 01-28-2007, 05:16 PM
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walterw walterw is offline
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Cool Breaking Coils

Hello Again dear fellow traders ¡¡ I want to share with you some more classic stuff (nothing new) that I am enjoying to trade on this days.... I would like to hear your feedback and possible enhancements to this very simple but winner technique...

As you all know, market tends to build coils during "resting" periods.... after this "resting" is over, coils get break and normally market tends to get trending... so coil breaks show a potencial change of mood in the market... Now trading the break itself its not wise, because there are a lot off false breaks that result only on a range expansion of this coils... so what I am looking at is too see the breaking fact happen and after the fact get in on a continuation of this break... I attach some examples... we can get on details later on the thread... cheers Walter.
Attached Images
File Type: jpg coils 1.jpg (172.0 KB, 51 views)
File Type: jpg coils 2.jpg (151.8 KB, 32 views)

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