Here is a daily chart of JNPR with a possible flag breakout in future. Chart is annotated with trigger points and stop loss area. Right now the trade has not triggered. Its still on the watchlist.
Called by whom? I have abolished all names and slogans from my trading, and invented my own names for everything. This way I don't try to trade all kind of 'canned insights' that book writers write about so their books will sell. For example "a Doji". A Doji on the 5min chart looks like a Head and Shoulders on the 1min chart. So how you're going to call it? A Doji? A head and shoulders? I call it "my hairy ass". The price dynamics is what's important and not the terms. Although if I would write a book, I would definitely call it "Ride the Doji for unperceivable profits". See what I'm talking about? Cheers 50
I traded a perfect REVERSE "my hairy ass" today. Made a killing. On another note, I am pulling for you next week at the Grammy's, 50.
I traded an exact bull flag failure on the NQ at 15:18, and it was an excellent trade. Unfortunately I was reckless earlier during the day.. so ended up more or less even.