"Because my name is Tom, I've always been partial to Tom C.'s setups. :)
I mixed Tom C. with Michael, and traded HPQ on the 30-minute timeframe yesterday (Thursday, 02/23/12). It was a "u-turn" and reversion to the mean. I entered on a break of the 3rd bar high - price gapped down with a wide-range first bar, the second bar was strong and signanled a potential reversal, the third bar formed a hammer in the top of the second bar's real body. Sold for a .50 gain as it got close to the 8EMA!
Thanks for all the knowledge on this site."
Trading 27-April-2016 (+ $66)
22 hours ago