AZN gapped up on nice volume yesterday and today. Although I liked the early action (first 5 bars) and the orderly declining volume, I did not want to enter because the bars were too far away from the 5EMA. At 11:30am AZN printed a nice, bullish IB, close to the 5EMA, and with the lowest volume of the session, so I entered on the break of that bar. My first target was the 38% fib extension drawn from the previous day low to the ORH. That target was reached by the end of the session. I took a partial at that level and exited at the end of the session.
4 comments:
azn, you do a great job..why don't you get into a trade room like in PALTALK where we can gather & trade together?
look at you! kiling it! nice trading!
Hey anon,
Do you know of a cool place where traders gather during the session? In my past experience, I ended up not attending chats because there were full of hype and nonsense. So I ended up hanging up with my just my boddies, but if you want to send me your info and where you hang out, I will check it out (2001anarco@gmail.com)
Cheers,
Thank QQQBall!
It was chop chop chop today... so we cannot be too ambitious in a session like yesterday and today.
Cheers,
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