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Re: Corn bullish-bearish Reversals. *PIC*

"It is also possible for the experienced trader to use our Reversal Points in the OPPOSITE
intended use. For example, one could place an order to buy against a Bearish Reversal with a
protective stop just below. Using this methodology, one may have attempted a long position at
the 1985 low in gold just above $280.50 using a protective stop at $279.50. If it is going to work
at all, it must work in a precise manner. The same strategy could have been used at the low in
1987. It is also possible to SELL against a Bullish Reversal with a stop just above. This will
allow you to adopt short positions during false or
reaction rallies."

This is what I am trying here on the corn...so I'm trying to exit at the next bearish weekly reversal at 4.89.

The blue line has me worried, would like to see it punch through it and hold below it, soon like.

Sp!ke

Messages In This Thread

Corn bullish-bearish Reversals. *PIC*
Re: Corn bullish-bearish Reversals.
Re: Corn bullish-bearish Reversals. *PIC*
Re: Corn bullish-bearish Reversals.