How do we recognise a trend day from consolidation.
1. Whether gap is filled during 1hr30min?
If yes - trendday
If no - consolidation
2. When all counters at a certain direction during opening? (Usually after 2-3consolidation)
If yes - trendday
If no-consolidation
Never sell your counter in an uptrendday, vice versa
Tuesday, February 17, 2009
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