The first green candle in the pull back is the shift in momentum, so I buy the break out above that 1st green candle. It is just a better confirmation that the direction has changed.
Bob: I took almost the exact same trades. I was in an out twice...in the morning at 2.76 and made 12 cents or so, then at the first dip again at 2.76 for about 20 cents. I got out waaaay to soon...neglected to check the float because it spiked too fast at open. Nice read. Gotta be quick.
The first green candle in the pull back is the shift in momentum, so I buy the break out above that 1st green candle. It is just a better confirmation that the direction has changed.
Bob: I took almost the exact same trades. I was in an out twice...in the morning at 2.76 and made 12 cents or so, then at the first dip again at 2.76 for about 20 cents. I got out waaaay to soon...neglected to check the float because it spiked too fast at open. Nice read. Gotta be quick.
As long as the price action stays above the 15 EMA one can stay in the trade and make more profit
I agree.
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