Charts - its what we do - part 2!
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Hey guys,
Thought I would give this blogging thing a go for the first time!
After reading so many good blogs and posts, it cannot help but inspire me to try the same. The worst I will do is learn, the best I can hope for is to give someone a trading idea for the upcoming week or months.
Right now as it stands, I look at alot of charts, I annotate most of them, but only post a few on the board. This means that alot get lost in files never to see the light of day again - but if I start posting these charts to get laughed at, I can at least track their progress and determine whether or not my thoughts are along the right track more often than not - or vice versa.
I am hoping the charts speak for themselves - to save you lot having to read my guff. Pictures are always prettier ;-p
Anyway, if at least one person can gain a trading idea from this blog, it will have done itself justice - and I can think about posting another next weekend.
If its a pile of ribbish, then at least I will know, and then I can go cry in a corner for a week, before re-surfacing and going back to the drawing board.
Here goes:
Rounded Bottom pattern - break and hold above 5.3 would open the 5.3-6.3 range and upwards