MUR
Entry criteria
- First bar is at the PDH but it is a doji (potential reversal)
- Second bar partially fills the lower wick and closes below PDH
- 5 DMA offers additional resistance
- 2nd ard 3rd bars are inside bars
Entered at the break of the 2nd bar low and exited at $44.00 (round number near RZ)
LLY
Entry criteria:
- 3rd touch of the $38.50 (base)
- 2 bars prior to trigger bar build momentum
- Doji is (in my observation) bot a reversal and a continuation pattern depending on the placement in the chart. See this post on Doji
Entered at the low of the doji and exited at RZ
10 comments:
Are you using some scanner for the NRIB's. Nice NRIB's in MUR.
Congrats!
Thanks Anon.
Yes, I use StrategyDesk as a scanner.
Mind sharing what particular scanner do you run to get these setups?
StrategyDesk is a free utility if you have a TD Ameritrade account.
I meant, what scan do you run - conditions to get these setups.
I scan for IBs on my Watch List. IB is a bar in which the low and the high of the current bar is within the previous bar.
Anarco,
Can you pls. post your present WL?
This is my current WL:
AAPL, ABX, ACI, AEM, AMR, AMZN, AUY, AXP, BA, BAC, BUCY, CAL, CELG, CLF, CNQ, CNX, DAL, DIG, DO, DUG, ENER, FCX, FWLT, GRMN, GS, HAL, MEE, MOS, MS, NXY, NUE, OIH, PBR, POT, QQQQ, RIMM, RIO, SKF, SLB, SRS, SU, UAUA, V, VNO, WFC, XOM
And I add to the list based on the morning gappers.
thats almost a little H&S break with the neckline at 38.50?
nice trading big guy!
I also saw an inverted C&H.
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