Monday, June 23, 2008

Price Action Trading

Core Method Trade Setup For Price Continuation



tradesetupB: the green dot buy is a right side failure of a left side price - that price being additionally significant because it was part of a previous trade price action.

buy the yellow-blue line break2 with mex flow [blue-purple lines] through the 2 yellow squares triple top break - the left yellow square coming from the lower high into the red dot sell - with diagonal breakout potential through the previous left side swing.

this combination triple top break through a left swing diagonal is a core method setup for price continuation.