Ferrowolf's Den of Trading

Still building my humble Den, so please bear with me, it'll be done soon! =)

Noble 27th July

Explainations are on the chart. I’d like to see a retest of the 1.85 level before going in long.
My preferred play would be to fade the break based on ORB (opening range breakout) with stretch. Of course if 1.93 is broken, there’s a chance for intraday plays to the upside as well. 
I use ORB exclusively for intraday trading or as a trigger for short term NR plays.
 I will put up a page on ORB and stretch into the strategies section, give me some time, as you can see even the basic TA section isn’t finished yet! lol

Noble 27th July

July 27, 2009 Posted by | Uncategorized | , , , , , , | Leave a Comment

   

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