hazbin1 - sorry for the delay I was replying to a bunch of pms.
for your question on USAT, not really, I just eye ball it,
sometimes I buy on a pullback to a 38% Fib or to a MA etc, I look
at level 2 and volume stuff like that, here's a 5 min chart, you
can see how USAT pulled back into the MA's there and the PSAR and
volume was super light, that area was a good entry as you can see
it mored up again
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USAT
Here's a few trade ideas, again these are not great ...
Posted by hazbin1 on 26th of Jan 2011 at 11:02 am
Matt, was thinking the same, do you have an ideal level for re-entry?
hazbin1 - sorry for the
Posted by matt on 26th of Jan 2011 at 11:49 am
hazbin1 - sorry for the delay I was replying to a bunch of pms.
for your question on USAT, not really, I just eye ball it, sometimes I buy on a pullback to a 38% Fib or to a MA etc, I look at level 2 and volume stuff like that, here's a 5 min chart, you can see how USAT pulled back into the MA's there and the PSAR and volume was super light, that area was a good entry as you can see it mored up again