TSV 0.00% 0.8¢ transerv energy limited

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  1. 5,261 Posts.
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    The planets are starting to align!!!

    Double bottom in play- 20th Oct,2008 daily low was 0.0120

    The strategy here is to look for declining volume going into the second trough and rising volume on the break of the peak which has formed between the two troughs (resistance). Once you spot the double bottom the trade is entered on the break of resistance with a target which is equal to the distance between the top of the peak and the bottom of the two troughs projected upward.

    http://www.forexhound.com/article.cfm?articleID=106823

    'The planets Jupiter and Venus will briefly align today'

    http://blog.wired.com/wiredscience/2008/12/tonight-planets.html

    JB
 
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