Wednesday, January 28, 2009





Momentum trading opportunites at the moment

FAZ long












MS short
















SKF long













SRS long
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3 comments:

Groggy said...

Oh Mighty FNG Trader.... I'm so glad I found your blog.

Do you have a blog entry on setups? I'm curious what the horizontal price lines on these charts represent. Are they stops? Are they entries?

Sorry to be so base, but I'm starting to "see" the market differently after perusing your archives.

Thanks

12:54 p.m.
joshua said...

groggy, in the comments if you dig deep enough there are some answers. you can subscribe to comments at the bottom of the blog. oct 29 08 and december 12 https://www.blogger.com/comment.g?blogID=29610017&postID=2451981232793742147 has some answers. hope this helps. i had a little trouble at first also, but once you get the hang of reading the charts, it is second nature. also, on the right hand side he mentions what the different colors mean.

3:07 p.m.
Groggy said...

Joshua, thanks. I'll look harder. As usual, the answers are right under my nose.

5:55 p.m.

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