Thursday, March 02, 2006

Trading by pattern

1. Rules
A. head : when a head formed and stock starts to go down ===> short

B. bottom : when a bottom formed and stock starts to go up ===> long

C. box
C1: in at bottom, stop 0.1 below bottom, sell around high ceiling
C2: short at ceiling, cover around bottom
C2: when box broken, follow the trend

D. trend broken: follow (remember to draw trend line)

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