Wednesday, May 22, 2013
Best 5 min pattern
Putting this as a nice 5 min pattern, remember this pattern, this is just an example. I did not play it, but generally this is the best pattern I like to trade.
CLNT long lucky trade?
Upfront - I did not trade it as this was not on my radar, looks like a one day news wonder. But generally if you had a lucky day and traded it, the best way is to go above the 1st 5 min over the daily support base
TOL long
TOL long called at 9:41am and it has worked, but has not gone up a lot inspite of the fact that the market is doing so good. This is on a consolidated mode. SO sizing was important if you took profits on prior high
NTAP short call
Called to short it, the reason is the 1st bar was big red, this is a faded gap, then short it on pullback. See how the small consolidated bars give a hint.
Subscribe to:
Comments (Atom)






