Monday, June 9, 2008

Floor Pivot Number Trade Setup

The red dot sell is both a base trading method setup AND a floor number base trade setup - the combination providing for a more selective trade.



yellow dot1: no this is not a break2 with mex flow right side base trade --- not right into the floor number - otherwise i would have done this buy.

yellow dot2: no this is not a pmd swing reverse --- it's a floor number breakout.

red dot: yes this is base AND with selective components --- the right side break2 with mex flow is also a reject-failure combination - floor number reject with mex flow AND failure break of the left right price - into the horizontal triple bottom breakout WITH diagonal breakout potential below that from the previous swing.

http://www.tactrading.com/floor-pivot-trading.htm