I mentioned CHH in my post earlier today. It was a little "iffy" because of the lower tail on the first and second bars which were somewhat bullish (or bullish to neutral).
But I took the entry (a break of the second bar low) aware of the increased risk, and it worked out nicely.
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Tags:
Trader-X, Stocks, Fibonacci, Trading, CHH
2 comments:
PMTC was a Trader-X bread and butter play on a break of the 5th bar hammer high.
OXPS was a little shaky...whipsaws...but turned out to be a good trade for me.
Great blog.
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