Monday, October 24, 2011

here is a breakout

This is one I meant to post for a couple of days. A classic "breakout" from a trading range. These are the types of areas where it is easy to put on an initial position with little risk since there is a well defined line of resistance that was broken. The buy was just as the price broke above the line....

Always limit your risk....

No comments:

Post a Comment

All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh