Posted 18 January 2013 - 06:59 PM
When it comes out of the top of the box, it's a buy, with a stop or short at the bottom of the box.
P.S. Sometimes drawing the box (easy in retrospect) takes a lot of patience in real time. rolleyes.gif
Good luck and good trading.
http://stockcharts.c...58553451635.png
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."