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This blog is loosely based on Tom O'Brien's Timing The Trade System (TFNN.com). It also uses Jack Chan of www.simplyprofits.org who provides public charts at www.stockcharts.com The diligent (not just geniuses) who control their emotions, will flourish in these efforts using this effective investment strategy. Use any system advisedly -- multiple technical tools need to be understood and employed to foster success.
Sunday, January 29, 2012
Short
Holding AB at a 2.3% loss, I initiated 2 short fund trades on Thursday: DOG and SH, based on the Gartley pattern previously posted. Reports suggest 60-70% success for these. With a stop above last week's high and targets fo rthe next swing low they look like this:
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