Pete's Place

stopped out at 35,

result: -2.5

 

Hmm, Look at the next candle after the hammer on the 11 min. Not exactly what you want after a hammer. Could have exited upon completion of this guy at b/e.

 

long at 32, div in a/d, ticks, and price, double failure to move lower,
tight stop

 

tgt 1 35.5
tgt 2 43.0

 

tgt 1 revised to 37.0, just under 200 SMA on 11 min

 

tgt 1 hit + 4.5

stops to b/e on 2nd half

 

Stopped out at b/e on 2nd half

results of that last trade: +4.5, -0-

 

11 min reversal from 200 SMA,
looking for a short entry on the 2 min

 

anticipating short stop running around 1540 during the lunch hour, looking to enter on something like that

 

short at 39