Here’s an elegant piece from Brian Lunds blog on StockTwits. He describes some simple rule for trading a reversal hammer. Many of the rules fit my own style of trading this price action pattern.
http://bclund.com/2012/05/07/5-rules-for-trading-a-reversal-hammer/
Brian’s blog is a good read so you may want to sign-up to his posts.
Enjoy
Paul
A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!
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May 7, 2012
FXTrader Paul, Trading, Trading Set-ups