Salute to X

I didn't trade today partly because OPEX always makes me hesitant with my entries. However, SNDK was on my shortlist today and I was very tempted to go long off the 3rd bar high after it formed a very nice Trader-X 'bread and butter' play.

• Intraday fibs placed from yesterday's low to today's high of the first bar
• Priced retraced below the 38% level and the third bar formed a hammer-like candle right above this level on increased volume
• Profit could've been taken at the fib. ext or 161.8% level

When I first started reading X's blog, he made everything look so easy. I have to admit, it took me a long time to finally 'get it'. Trading live is different from looking at a chart at the end of the day and there are a lot of factors to consider before buying a stock. However, with time, practice and a shitload of chart analysis... it all came together.

X... you will missed and thank you for everything.