Re: Intraday Miniflow Trades for Today: Saint's Method
Miniflow Trade for January 09 2009
Sorry for the delay in uploading today, got caught up in some work.
Very clear cut, We had a long trigger above the 5min bar as usual in the morning, then we soon reversed below 2866-room. A nice red bar brought up a smile on all our faces.
Then the 12:30 and 1pm formed a very clear place to reverse to longs yet again. As the breakout took place on the 2pm bar, we were ready to reverse below the low of that BO bar (failed BO) but we broke 2pm highs on the 2:30 bar. (thought this to be a good opportunity to revise the powerful failed BO pattern.)
Take care everyone and have a great weekend.
Regards,
MJ-