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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Tom Trader who wrote (2087)	8/19/1998 12:04:00 PM
From: The Jedi	Read Replies (1) of 44573

This is a LBR setup. There is a spike which is followed by a plateau. The longer the plateau the greater chances of a big move. If it does not reverse and seems like it is rounding off or lower highs the chances of a sell off are great. You can see that more often in the 1 minutes, but they reverse fast at 1 min. At 15 min they are slow to reverse, and at 60 min good for a position trade, or atleast a swing trade. Sorry had to run an errand, so late in replying. Kiri PS. Did you move to DC. I am 45 min from there.

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