Wednesday, October 3, 2012


Nice flag, buy within the pattern, stop at the green line.   these are my notes to myself, everyone's risk tolerance and strategy and time frame is different.   Some people wait for the breakout, but we could get a 3% move within the pattern.

BTW BPT Breakpoint Trades has recently greatly improved their watchlist formats, this is one of the ideas, they have like 30 items on watchlist, 2 caught my attention and matched my methods.   

It is a low effort way to find good probability trades.    Maybe 15 minutes total which is all I can afford today.

And I don't want to be all over the board with 15 positions, just 2 trading positions now.

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Insightful and Useful Comment!