PREDATOR'S INTRADAY SERIES: AMAZON BUY

22 Mar 2017

PREDATOR'S INTRADAY SERIES:

- 1 YEAR LENGHT RESISTANCE BECOMES SUPPORT
- BULLISH HAMMER DOJI
- BROKEN TRIANGLE, A RETRACEMENT IS EXPECTED

First rule is not to trade against trend. However, a good number of indications support the idea that a retracement can happen, hence buying options short term is a good choice.

22 Mar 2017

Not

Stop was too tight, parallel to my trading style; I work with high R:R's.

Remember that my charts are indications. Adjust my analysis to your particular trading style.

23 Mar 2017

İşlem kapandı: hedefe ulaştı

With a little wider stop, we have a nice almost 4R.

Stay tuned to my analysis. Have a good day.