Saturday, 25 February 2012

here is the ubiquitous bearish rising wedge pattern,in this case for the FTSE.Trading strategy here is not rocket science  A break of the rising wedge,some red candles on the heikin-ashi chart and a break of the 13 dma should prove a pretty solid sell signal when they occur

 
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2 comments:

  1. BenedictArnold25 February 2012 at 01:37

    We from the theoretical physicist camp think you are under playing this as being elementary rocket science..... (yuck, yuck). Nicely portrayed sir, and I concur.

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  2. Chartrambler25 February 2012 at 22:12

    Thanks Benedict !

    ReplyDelete