Trend Changes on the Weekly

[Mactheriverrat]

GEO

A big thanks to dbphoenix and his Straight Line Approach pdf ebooklet.
Its has fast become a very interesting tool.
http://www.trade2win.com/boards/technical-analysis/207918-if-you-can-draw-straight-line-you-can-become-successful-trader.html#post2592986

 

[Mactheriverrat]

FTR

 

[Mactheriverrat]

Both GEO and FTR held up nicely on the daily and hourly charts today on a crazy market day.

 

[Mactheriverrat]

Daily Chart of SRNE . Start of 2nd uptrend using Straight line approach.

 

[Mactheriverrat]

SRNE Daily breakout = Nice!!!!!!

 

[Mactheriverrat]

SQ Daily chart

SQ Weekly chart

 

[Dowser]

Are you trading or just practicing drawing lines?

 

[Mactheriverrat]

Are you trading or just practicing drawing lines?

Just showing where a new leg on a existing uptrend using trend lines. I'm just in SRNE and SHAK right now.

 

[Mactheriverrat]

SRNE daily-
YES!!!!!!!!!!!!!!!!!!!