Multiplicity Ep.1: Whiffing Potash (POT) fertilizer for 10-mins, 30-mins, a whole day?From atop the Eiffel Tower, Traderalamo introduces the "multiple time frame" trading strategy. Looking at intraday charts and the concept of multiple time frames, he sets to find out if Potash (POT) will work its way higher on any continued market bounce. Multiple time frames is a method where one analyzes a chart from several time frames, in this case the 10-minute, 30-minute, and 1-hour time frames.
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Hat Tip to our BHBGroupTrader (twitter handle @bhbgrouptrader) for identifying Potash (POT) and other agriculture stocks as good longs several weeks ago on FINZ.tv's blog POSSE (http://finz.tv/posse/by/bhbgrouptrader)
Disclaimer: No positions in the stocks mentioned as of 2/22/09. Information in this video is for entertainment purposes only, and not a recommendation to buy or sell any equity.
Charts: All Charts courtesy of Telechart 2007 by Worden.com