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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (6258)5/25/2005 4:24:55 PM
From: Jack of All Trades  Read Replies (2) of 12411
 
Islands are generally where traders are "trapped" on the island., where price has gapped on either side where there is "air/water" between the gaps. That is no island, and if it were then it's finished as price has been covered IMO.

Edit this is an island reversal...

incrediblecharts.com
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