Quote from traderkay:
this works only in the little bull rally we got going on here (which is about to end???)
Thats bullshit man. Price shocks occur all the time in the markets, both up and down. I have made 100's of thousands of dollars playing the follow thrus over the last 6 years...
Digs it is not always neccesary to take the 10am breakout. One simple way to get in is to break your charts into three equal 130min bars. Filter on price shocks in the morning bar, that then contract into narrow-range inside sticks in the doldrum session, simply play the break in the afternoon session. Many a time they will break-out and then follow thru the next morning session. Your risk is tiny and the payoff can be lovely. Pick your spots carefully and this is an extremely high % play.
There you go Tkay, you were thrown a bone...
Digs I use TS to find these types of plays... Feel free to PM me if you want to discuss this further...
PEACE and good-specul8tion...
BTW; Keep an eye on FWHT and LEXR tommorrow. There were a few other ones today, but they are in the office and I am at home right now...
