Typical ii (inside bar then inside inside bar) breakout. It's a long. The key is to recognize that today's is a trend day. Range day trading breakout likely would fail. I actually longed before the ii I publicly commented. It was ioi (inside bar then outside bar then inside bar) then ii, can you find it? I think it was the best logic place to long.
Here's the what the close looks like. Yes, I did hold till the close.
Here's example of trading double inside bar. I think ii can be seen as Symmetrical Triangle or Pennant, therefore it's a continuation pattern. Since it's a continuation pattern, so the trend leading to the ii is more important than ii itself, so DON'T JUST BLINDLY LONG ANY II!
Very good. You found the ioi, still you missed one ii (there're 2 ii today, one I public announced, one I didn't because I was busy placing my order). I longed on breakout of that ii. Keep looking.
Very good! It's ioi then ii, so I don't think 2 patterns would all fail, so I took the bait. Although at that time it was not a clear trend day, so a little risky trade today.
Comparing with the 2nd ii, the uptrend was much clearer. Although still not perfect because it could be just a wedge. But hey, it's ii, at least worth a try, isn't it?
老蛇上面说“Since it's a continuation pattern, so the trend leading to the ii is more important than ii itself, so DON'T JUST BLINDLY LONG ANY II!” 我的看法是 CB 的 trend 不明，还不适合 ii buy setup。
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发表于 2015-4-10 10:13 PM
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