Monday, December 03, 2012

Al Brooks at Futures magazine column (with Live Writer image storage test), acronym

http://www.futuresmag.com/2007/07/17/price-action-lines-on-the-e-mini
pending chart 1655
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Bar 4 - Two bar revresal two legged pullback in a bear move at moving average but big bars and big tails in trading range so lp sell or short. Better to wait for breakout since all breakout failed yesterday.
Bar 12 - Two bar revresal, double top 7 but tail . Top of trading range so possible high of the day . 2t tail so probably better to wait. Range only 4 points so 99% chance will get bigger.
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image (YWL: ET is 30, 47)
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