An educational blog which supplements subscriber service
Chart Patterns are nothing but Footprints of the Greenbacks.
Friday, May 01, 2009
Today's triggers
Here are all the triggers from last night's newsletter (BTU 27.5 long, CNX 33 long, FLR 37 short, USO trend-line long over 29). Arrows are places we will offer explanations on the why and where of entry (will be included on this weekend's newsletter).
These are day-trade entries but often our subscribers swing-trade many of our trigger spots. We ourselves are primarily day-traders and look for 1-4% moves with stops around 0.3%-0.5%.