I have been learning about THE STRAT by Rob Smith. Wanted to share a trade I made using this method. It is still open at this time. If my method is off please let me know.
Time continuity: Although the daily shows red we were actually green on most timeframes.
Had an inside on the daily and 60. Waited on the break of an inside 15 and took the trade at 61.40....
NYSE:BUD taking a monthly #RevStrat up (inside month, followed by month down, followed by month up).
Trapped shorts from last month combined with natural buyers entering the new month up equals strong potential for move up.
Buyers looking to put money to work in catchup names, BUD yet to participate.
Would like to see the daily low hold. Might get another...
NASDAQ:KTOS has been tearing up the charts this year and it is once again attempting to go full time frame continuity to the upside: up on the yearly, quarterly, monthly, weekly, 3day, daily and 240 min.
$22.91 takes the hourly up for confirmation of full time frame continuity to the upside.
