I somehow thought $CSIQ was going to make a come back, I entered the 1st time as soon as price action broke back through both ema's. When that didn't work and the low was a higher low, on my 2nd entry I waited for the 2nd bar back through the ema's thinking that was confirmation. No go, and there was decent relative volume on my entry bar. I realize I stopped out quickly but as it turned out it never came back up. I'm stumped completely.
Execution detail:
I understand your point. Thank you for your advice, and for the example given.
@Billy. The daily chart is still broken. It is also between moving averages which will make it a choppy trade.
You want to trade clean and crisp daily daily charts which will make your intraday chart move clean and crisp.
Thank you Nape, I really appreciate your help.
No problem bro.
I can see what u tried to do.Anticipation but no confirmation, This are 50/50 setup.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
What was your setup on the daily? Cause im not seeing one.
As far as intra-day goes, you want to see the MAs pushing the price tightly. When you entered mas were all over the place. For example look at this squeeze play:
http://www.screencast.com/t/trybZ3t1ZldA