I have someplace to be, so I will let you answer the three questions on your own.
The only thing wrong with this trade was the entry below the OR high (for that it gets a grade of "B-"). But I could not resist the way it moved sideways into the rising 5MA with narrowing range bars!
note - ignore the long lower tails on the eleventh and thirteenth bars - they appear to be bad prints.
_______________
Tags:
trader-x, stocks, fibonacci, trading, ach
2 comments:
CTSH did it for me on 15' --half out at 161% and other half at break of 15'--misses NTRI and LEND both 30' charts
Reason for CTSH trade was it caught my eye when the Q s were pilling back in the morning , after initial hic ups CTSH made bullish candles and when Q's pulled back a second time it barely even moved so I thought if Q s take off CTSH would have a good chance for a breakout which is exactly what happened. 15' candle formed exactly at morning OR high so that gave more confidence. And 15 cents risk on a $87 stocks I knew I would have a big "R" winner if I was right :)
Caught 2 today.
FAF 30M/B6 - Break HI exit 138 FIB
CHS 15M/B9 - Break HI exit 138 FIB (from 2nd candle HI to 1st candle LO)
Hope all did well today.
Post a Comment