Shared by
TianYu_BOWS
Daily chart 4 tap flat top.
30m chart us a flag.
At the open, red to green.
At 09:46:46,ORB.
And then it drop,
I think it will be hold at the low of the day.
It did,but a bit lower.
I think this chart is supper weird.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-04-21 09:31:23 | WMB | buy | $19.000 | long |
| 2016-04-21 09:35:21 | WMB | sell | $19.060 | long |
| 2016-04-21 09:36:07 | WMB | sell | $18.960 | 0 |
| 2016-04-21 09:39:29 | WMB | buy | $19.010 | long |
| 2016-04-21 09:39:30 | WMB | buy | $19.010 | long |
| 2016-04-21 09:43:58 | WMB | sell | $18.990 | long |
| 2016-04-21 09:46:46 | WMB | buy | $19.070 | long |
| 2016-04-21 09:55:21 | WMB | sell | $18.910 | long |
| 2016-04-21 09:55:21 | WMB | sell | $18.910 | 0 |
| 2016-04-21 09:58:52 | WMB | buy | $18.880 | long |
| 2016-04-21 10:00:44 | WMB | sell | $18.720 | 0 |
Comments
TianYu_BOWS
2016-04-21 21:58:29
No.
I use daily chart as my top time frame.And my setting only contain 20 days period.
So,I didn't realize it's a giant bear flag until you show me.
I should analyze 200 days daily chart next time.
Really enlighten me.
Now,I know why sellers were so aggressive even after break out.
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Were you long biased because of the bear flag that it broke over on the daily? http://screencast.com/t/hUuvC7HvhDQG