MTG was on yesterday's gap list published by Jamie, and stayed on my radar until today. The 1st bar was bearish and the 2nd and 3rd bars consolidated near the ORL. The 3rd bar was very bearish and printed a long upper tail that touched the down sloping 5EMA. I entered on the break of the 3rd bar low. MTG moved my way throughout the morning and consolidated sideways during the lunch hours. At 2pm MTG printed a bullish candles so I decided to exit. One bar later I enter long hoping that the afternoon rally would move the stock back to the S1 line. Initially, MTG moved my way, but it reversed and stopped me out.
4 comments:
Nice work. Banks and brokers got hit. Coals rallied. I like group movement
Thanks bl!
Yes, I like group movement as well. Do u happen to know of anyone (blogs) successfully trading group movements?
Cheers,
group movement.
solars? CSIQ, FSLT & ESLR... imagine LDK was strong at one point today, but havent checked.
been outta town on biz... long drive. working easy deals close to home kinda gets me in a comfort zone. doing bigger, high-stress deals outta town really makes me wonder why i havent committed to FT trading. been wrestling with this fear for quite a while now. still incresing passive income & trading profitably
Hi QQQBall~
I totally understand your point. It is good having multiple sources of income :-)
Cheers,
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