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Waves, Patterns & Projections (2004)

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littlechops1 - Wed, 03 Jan 07 :

Reeshar, warrants are out of my league and reach so i could not comment,however the turning of the price could be anticipated, although the reverse always looses a few pips for example 20 July i had a buy,so the entry would have been on the 21 st, (end of day signal) a low of 616 or a high of 626, so somewhere inbetween would be an entry,on the 25 there was a high of 640, so we assume we could have set a limit or moved a stoploss, either way if i had used the sell signal to close, which was on the 3 rd August, so the action would be taken the next day, Friday 4 th the price was high 626, low 613, so you see, my buy tells a buy and my sell says a sell but a decision has to be made when a position is taken of when to take profit, although, the trend has to be followed and as it happens after that trade the buys were more in favour of the sells, so if i was to post when i see my sell, it may be a little late.(hope you got that) anyhow there was non today !
ROB


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