As mentioned last week, my posting will be more sporadic than usual for the rest of the year.
Today I traded VRSN on the 15-minute chart. There were two long entries - one below the ORH which carried more risk (offsetting bars), and one above the ORH that was a textbook break and pullback to test resistance as support (resistance becomes support after the break).
I entered on a break of the bars noted, and closed my positions at the Fibonacci extension (FE).
Finally, I saw this on Pradeep's blog, and I thought it was entertaining so I wanted to share it:
A Simple Mistake Traders Make
7 hours ago