kobie, do you wait

    spx5,bull flag?

    Posted by perthx on 9th of Mar 2011 at 02:33 pm

    kobie, do you wait for a confirmed break out of the bull flag upper line to buy? Or do you try to get fancy and try to pick off a retest of the lower boundary with a tight stop?

    pertx, never buy on the break!

    Posted by kobie on 9th of Mar 2011 at 02:39 pm

    Best strategy is to trade the bounderies, so a buy would have been of the bottem boundery of the "flag".

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