Disclaimer: This is a legal notice. Please read it carefully in its entirety. It is your responsibility to understand this notice. If you do not understand it, please seek the assistance of a competent advisor.The content in Trend Follower is for educational purpose only. This is not a recommendation to buy or sell any security and no information contained here should be interpreted or construed as investment advice. My opinion is subject to change without notice. Trend Follower will not accept any responsibility or be liable for any investment decisions based on the information discussed here.

Monday, November 22, 2010

ICT

ICT Higher Low of the day
12-Nov   38.00
15-Nov   38.60
17-Nov  39.20
18-Nov  39.8
19-Nov  40.10
22-Nov 41.00

3 comments:

About tracer said...

At the beginning of the move you will notice a very large volume of sales with gradually advancing prices for a few days.. Now that little reaction is only normal. Never be afraid of a normal movement. But be very fearful of abnormal movements.

. That movement should remain strong for a few days with only minor daily reactions. Sooner or later it will reach a point where it is due for another normal reaction. When it occurs, it should be on the same lines as the first reactions. Because that is the natural way any stock will act when it is in a definite trend. At the first part of the movement of this kind the distance above the previous high point to the next high point is not so great. But as time goes on, you will notice that it is making much faster headway on the upside. Livermore

Anonymous said...

Bossing, what do you mean by "No Set up, No Trade"? Ano po yung set up? I'm using kasi the turtle trading method. Covered din sa turtle yung rules po ninyo from 2 to 10 although not sure about rule 1. Sa turtle kasi, pasok kapag new high sa 20th day. Feeling ko may kulang, pero mechanical na rin trading ko. Hoping to get your input to expand my knowledge pa... thanks

- chris

About tracer said...

In order to win sa trading kasi, you must have an edge, like Charts analysis, FA, TA etc, I used my own setup using my own system. Set up could be anything you feel comfortable with. Otherwise, it would be aa guessing game with no rules to follow. Which I think is gambling na.