Wednesday, January 9, 2008

Raj Jan 2008

rajt [17:18:39]> Light bulb moment of the day: Divergences in Direction of Trend -> Take trade blindly Demand Trade Location; Divergences against the Direction ofTrend -> Demand Confirmation ala U Buy or something....Pay up for confirmation......rajt [17:19:37]> Case in point this afternoon....We all knew there were Buy Divergences setting up on Higher Timeframe....I kept going long and getting stopped outnothing more frustrating....rajt [17:20:04]> Just waiting for a U Buy on TinyTF would have kept me out of all the stops and would have ridden the trend up.....

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