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February 27th, 2009

Alert Trade

The Rain Man Alert gave the signal that this trade was ready to go.  The trade was entered and closed out by management decision because of the speed and distance it had gone up.  The trade was closed with 105 pips.  The trade was taken while day trading using the 15-minute chart for the trend [...]

February 18th, 2009

A Chart Is A Chart

One thing that needs to be stressed is that a chart in the market is the same whether it’s a 5-minute chart or a daily chart.  If you could not see the numbers on a chart it would be hard to tell which time frame you are looking at.  All charts have the same patterns [...]