I watched the close of NG and it seemed as if lots of stops run as people tend to put stops just above previous day's high. I'm attempted to add more here, but that will make me feel as if I'm all in. Any thought?
Tuesday, March 13, 2012
Close high of the low bar
A very interesting day on nat gas. Today is the first time it closed the high of the low bar (on daily) after making a 10 year low. There were hammer patterns in the last few days, but never had a follow-through (meaning the next day didn't close the high of the previous day's high).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment