Chart, page-2220

  1. 4,752 Posts.
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    An example of a pretty good trade, but I don't think it's possible to catch this one under $0.009. Volume didn't come in until it spiked to the 12 month high, weekly MACD did show some divergence so maybe an early entry there on formation of the double bottom, I'd bet that would be a lower winning percentage though.
    Say you buy 1 pip above the double bottom, 0.003 that then becomes a 1600% return to the high, but there isn't any volume until the 12 month high spike which I assume was a news event.

    Might be a trade based on the weekly momentum. Ideally this will be in a slightly higher priced stock, or we're just writing each position off as a 100% loss if it doesn't play out, i.e. buy 0.003, try to sell 0.001 or 0.002, may as well hold them (that's not trading though).

    I'll be interested to see if you come up with anything @W3hunter.


    https://hotcopper.com.au/data/attachments/6451/6451051-4aafd205159f95d78de4c4ffc611c906.jpg
 
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