Awesome thread!
I try to mainly trade stocks(Norwegian Oil companies like Statoil, DNO ASA etc.) using Pinbars, insidebars and BEEB/BEUB with the confirmation of divergence by Stochastic combined with overbought/oversold conditions on the short term RSI(between 2-4). Also it's very important to compare all oil stock development with the Crude oil price development since there is a strong correlation.
Here are some examples from DNO which I've made some profit on recently(My entries are good but I have yet to learn the concept of letting winners run and not exit to early).
http://i61.tinypic.com/2vcfci1.png
Happy Trading everyone!
I try to mainly trade stocks(Norwegian Oil companies like Statoil, DNO ASA etc.) using Pinbars, insidebars and BEEB/BEUB with the confirmation of divergence by Stochastic combined with overbought/oversold conditions on the short term RSI(between 2-4). Also it's very important to compare all oil stock development with the Crude oil price development since there is a strong correlation.
Here are some examples from DNO which I've made some profit on recently(My entries are good but I have yet to learn the concept of letting winners run and not exit to early).
http://i61.tinypic.com/2vcfci1.png
Happy Trading everyone!