Friday, 1 November 2013

011113 More reading practice

Quite easy to spot UWTC and various TLs

after the 3 legs up and TCOS that met prior resistance my bias was on a short Reversal, so was looking to swing.  
1. was a L2 after all the topping signals so a perfect short swing (approx 1:6 TSL)
2.  was a M2R (21EMA RL) and a good short swing( approx 1:-0.5)
3. was another M2R (21EMA RL) and a good short swing( approx 1: 1.2)


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