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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X4/16/2007 10:12:28 AM
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Time to short QQQQ or long QID

stockcharts.com

Risk is my main concern in trading and spotting low risk entry is the name of my game.

On this chart as you can see we have gapped up to the upper fork. This is the point where price should fall if it is going to.

If it doesnt I am out tomorrow at a price higher than todays high.

Risk should be minimal or at least exceptable to my risk tollerence.
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