Wednesday, 16 November 2011

TAS sell signal

here is a chart I posted live in Dino's CIL just before the market cracked.TAS is "trading aganst a spike ", a favourite setup of Bill McLaren.Price has a sharp correction then labours upwards in at least twice the amount of time consumed by the correction but fails to make a new high.This is a trend reversal indicator with a close stop.


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