Disclaimer: This is my personal chart diary and doesn't suggest any trading tips. Due diligence is a must.

Thursday, September 20, 2012

MBT: BEARISH RECTANGLES

Babypips' Lesson: Rectangles



  • MBT Chart (Metropolitan Bank and Trust Company) 
  • Downtrend
  • Bearish rectangle
  • Signal: continuation
  • Next move: down
  • Opportunity to buy

Tuesday, September 18, 2012

MEG: Doubles

Double Top



Double Bottom



Based on the lesson from the babypips website regarding doubles, this is how I see it in the MEG chart.