municipal
12 posts
msg #75567
- Ignore municipal |
6/17/2009 12:38:30 PM
This a a pattern from Larry Williams,
The pattern is simply an inside day (one that has a lower high and higher low than the prior day), the direction of the close of the inside day does not matter. But, I do want the close of the day before the inside day to close higher than the opening of that same day.
In essence, we have an inside day following an up close day, suggesting the market may be catching its breath before another up day.
If the opening, the day following the inside day, is lower than the high of the inside day as well as the high of 2 days ago, I then buy on a stop at the high two days ago.
to see it go to http://www.mrci.com/lwilliams.php
Thanks, Willie
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chetron
2,817 posts
msg #75571
- Ignore chetron |
6/17/2009 2:25:31 PM
HERE IT IS
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municipal
12 posts
msg #75573
- Ignore municipal |
6/17/2009 4:26:26 PM
thanks chetron,
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chetron
2,817 posts
msg #75574
- Ignore chetron |
6/17/2009 6:08:46 PM
you are welcome.
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miketranz
961 posts
msg #75576
- Ignore miketranz |
6/17/2009 9:17:56 PM
"Long term secrets to short term trading" by Larry Williams.Good book,legit trader,recomended reading.....
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alf44
2,025 posts
msg #75577
- Ignore alf44
modified |
6/17/2009 11:01:51 PM
...agree, miketranz !
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