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When the next swing top comes.....


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#1 NAV

NAV

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Posted 13 July 2007 - 09:02 AM

I will post here in real-time. I have posted the last 5 swing tops and bottoms in real-time here, which have been right on the money. The next swing top ain't gonna escape my system. Some patience is required on the part of bears here. When the hourly RSI(14) goes above 70, tops tend to be complex affairs. Any pullback here is gonna be a sideways affair and frustrating to trade on the short side, given that the hourly RSI is above 70. Scalp the long side is what i am gonna be doing...

"It's not the knowing that is difficult, but the doing"

 

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