Pete's Place

will also close if we form a higher low on the 2 min

 

stopped out at 54.0

results same as last, +3.0, + 0.5

 

here's a summary of that last trade on the 2 min chart

 

Well, that was pretty therapeutic for me. I was easily able to follow the rules in front of "you guys". To boot, both trades were winners. I also had plenty of negative reinforcement earlier in the morning when I was not patient and broke the rules.

So now with this positive experience I'll be able to make a permanent behavior change, methinks.

 

Challenging the 200 MA on 11 min, looking for a reversal here.

Eyes on the 2 min chart looking for higher low

 

idea #2: look to short the next high

 

possible hammer forming on 11 min

 

corresponding nice v-shape on 2 min

 

hammer complete on 11 min, looking for pullback to around 1/2 to go long

 

long 37.5 trailing 5
tgt 1 42 tgt 2 49