LFC - Long
Step right up folks... don't be afraid. What you're about to see is a bonafide trading chart. That's right. You haven't seen one of those around here in a while but this is your lucky day. Don't feed the candlesticks!!!
Tried to enter off the 11:10 bar but price never went that high. Fortunately a nice inside hammer formed during the 11:30 bar (10-min) on what I thought looked like a nice bull flag pattern right above the ORH. Exited at the fib. ext. Also shorted HOT which was a nice looking chart on the 10-min view. After going my way initially price then turned against me. I was still able to pocket some dinero.
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4 comments:
good deed..welcome to the fold
OO,nice trade,
In some older posts you have an indicator with buy\sell arrows. is it Par.SAR, and do you still use it?
i am experimenting with it now in order to follow momentum and get better mechanical exits.
a
trader a: I just looked back at my first posts and I believe the arrows you are referring to are the paintbars I used at time to show me shooting stars, hammers and hanging men. Don't use them anymore as they really are easy to spot.
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