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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday 25 February 2012

here is the ubiquitous bearish rising wedge pattern,in this case for the FTSE.Trading strategy here is not rocket science  A break of the rising wedge,some red candles on the heikin-ashi chart and a break of the 13 dma should prove a pretty solid sell signal when they occur

 
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2 comments:

  1. BenedictArnold25 February 2012 at 01:37

    We from the theoretical physicist camp think you are under playing this as being elementary rocket science..... (yuck, yuck). Nicely portrayed sir, and I concur.

    ReplyDelete
  2. Chartrambler25 February 2012 at 22:12

    Thanks Benedict !

    ReplyDelete

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