Possible Type 1 Buys....

[Andy S]

Here is an interesting setup for British Airways.

Meets all 4 rules.

1 Wave 4
2 Oscilator returns to zero
3 PTI above 35
4 Timelines ok



Do you think I should take the trade...(if the trigger lines up?)

Answer next week!

[MR]

Andy, What time frame? The chart isn't showing up either.

[Andy S]

Daily chart....with aview to staying the distance for 2 to 3 weeks...

Sorry, have raised the chart as an issue...

Many thanks

[Andy S]

Answer!

On the strategy indicated, a Type1 Buy, the Oscillator had retraced outside the 90-140% margin. So no I would not have entered the trade.

However, from a Stochastic point of view there was a nice buy set up. Check it out!