Slow RSI entries

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al-motor

Maybe, this well help a bit more.

http://stockcharts.com/commentary/archives/cww20031004h.html

 

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Congestion

Here we go. Congestion. Where is my coco and slippers.

 

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Three bounces and up

This is one way I play a tight range. I did not hit it this time. Yom Kippur and tension in the Middle East. Standing to one side today. Lets see were it takes us.

 

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How whippy is this

Hi

See the attached exit trigger as per the RSI. The original break out was a triangle with a flat top. According to Murphy, this is bullish at the bottom of a down trend. The RSI was used as a confirmation. The double top at resistance was confirmed by the RSI break. Not a great day to trade. No real trend means a lot of hard work. This could be more consolidation. Either way I am out of here. I need to call Mystic Meg.

 

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Possible long entry

Further possible long entry. Yet again, todays market is naff but
this is all good practice .

Please see attached.

Please note, this is how I trade. It will probably end up loosing my shirt. Any investment decisions you make should not be influence by my drivel.

Cheers
Andy