in case you didn't notice, I re-drew the 5 min chart as more of
a channel
and again for anyone new here, the watch list shorts are not
managed by 5 min charts, these posts are for day traders etc.
The reason I say this is because some one sent me a PM who was all
angry because they sold their SDS earlier in the day for a lower
price because they saw the 5 min wedge chart earlier.
guys, these charts are for day traders and have nothing to do
with watch list trades, use your head a little and of course define
yourself and what your objectives are, what type of trader you are
etc
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in case you didn't notice,
SPX 5 min
Posted by matt on 22nd of Jan 2010 at 02:18 pm
in case you didn't notice, I re-drew the 5 min chart as more of a channel
and again for anyone new here, the watch list shorts are not managed by 5 min charts, these posts are for day traders etc. The reason I say this is because some one sent me a PM who was all angry because they sold their SDS earlier in the day for a lower price because they saw the 5 min wedge chart earlier.
guys, these charts are for day traders and have nothing to do with watch list trades, use your head a little and of course define yourself and what your objectives are, what type of trader you are etc