Sunday, 24 July 2011

Nice Trade - Setup 2 Entry

An Example of Setup 2 First Entry.

note that by the time I entered, Alligator was nicely open to the down side. and the first entry was essentially at the break of the first AIMS Level outside the Open Alligator's mouth. We need to start our campaigns closer to the point from where the alligator opens up its mouth. This was we avoid getting in too late into a trend. I must say the second entry was way too late but sometimes there are other factors in the market that I take into consideration and act accordingly.

An Example of  SETUP 2 - Open Alligator