PLAYING BY THE RULES 9/27/12

BOT TRADING SYSTEM


 THE pre-market was in a sell mode to the short BoT (SB) and we went long at the bounce to the TL and EMA.  The bulls had a bias but the timing was early.  The long was flipped to an all in short to the reversal.

Another long back to the Bear TL  with an exit off the EMA at B11, followed by the play of the day:  a new long that survived the short trap and broke the 3 point area ( SB, EMA, TL cross) for a 14.5 gain.

Ascending Triangle 1 hit then number 2 which had a three sell signal.  This was regarded as a sell back to the Ascending Triangle 1.  That was a +4 set up.