Tuesday, April 15, 2008

Tonto Trade - AMAT


I traded the nice, round bottom. I like the symmetry of this chart: an initial down motion (action), a perfect doji, and an upward motion (counteraction). I entered as soon as a bullish bar closed above S2 and exited at the first sign of weakness. I then entered again short, but I was stopped out at BE.
To see some nice trading, see OONR7 trades of the day.

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