NEWS :
December 30, 2005
Example of yesterday GBBOT alert
GBBOT is
the abbreviation of
Broadening Bottom Alert.
Here is a trade i made yesterday.
I got this alert for ticker FRED at 11:12.
Description for this alert : Broadening bottom. Prices: 15.96, 15.99, 15.959, 15.994, 15.938, 16.01, 15.90. Started 21 hours 10 minutes ago. Last turn 17
I bought 1000 shares of FRED @16.01$.
The stock made a nice move after some minutes then go back to 16$.
In my GBBOT Trading System, i got the best results when selling stock after only 30 minutes.
After 30 minutes i sold my stock for 16.09$ for a gain of 80$ or 0.4% (Commission Included).
The red points show the broadening bottom pattern.
It's true that pattern is not very clear but it's ok as long as Trade-Ideas
automatically
detect patterns that show good performance.
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