Short Term Trading Week Starting: 4 Sept, page-258

  1. 1,649 Posts.
    lightbulb Created with Sketch. 50
    Thanks for the charts today and @952i it was a nice day on quite a few of my stocks but GSW ran the hardest. So just out of interest would you guys be kind enough to share what signs you would look for that this run might be getting a bit exhausted? i know its not a perfect science but i thought it'd be a good opportunity to examine it. I thought that it seemed like it kept getting sold down every time it tried to poke its head above 1.5 but then it closed above there so there goes that theory. Are there any particular indicators you use? i have in the past used the parabolic indicator to set stops, or do you prefer to run a 5/10 minute chart and analyse each candle and volume?

    cheers guys.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.