fcarbone- I
suggest you review the 100's and 100's of examples I've put on the
blog over the last few years, a lot of these are ES, however
there's quite a few stocks too, here's a link, there's pages of
these, good idea to look over them. Guys remember the blog
search feature works great, utilize it!
TSCO: Since today is the first day down (big earnings miss)
there is NO evidence to support a bounce on the daily chart. You
will have to shift to smaller intraday time frames for a potential
bounce. We simply don't buy without EVIDENCE. I suggest you review
the tutorial for triggers and further explanation and study it
closely. You can simply search the blog under keyword (type in the
word "tutorial") to find the link.
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TSCO
Posted by fcarbone on 8th of Sep 2016 at 09:14 am
Would you consider this a good Reversion from the Mean trade?
fcarbone- I suggest you review the
Posted by matt on 8th of Sep 2016 at 10:23 am
fcarbone- I suggest you review the 100's and 100's of examples I've put on the blog over the last few years, a lot of these are ES, however there's quite a few stocks too, here's a link, there's pages of these, good idea to look over them. Guys remember the blog search feature works great, utilize it!
http://breakpointtrades.com/blog/search.php?search=rvm&topic=&poster=matt&startdate=&enddate=&page=1#prettyPhoto
Also GDX recently was a great example of what we like to see,
- doji candle
- price very stretched from the 5 and 9 EMA
TSCO: Since today is the
Posted by steve on 8th of Sep 2016 at 09:22 am
TSCO: Since today is the first day down (big earnings miss) there is NO evidence to support a bounce on the daily chart. You will have to shift to smaller intraday time frames for a potential bounce. We simply don't buy without EVIDENCE. I suggest you review the tutorial for triggers and further explanation and study it closely. You can simply search the blog under keyword (type in the word "tutorial") to find the link.