Hello everyone, @szaman here. I will go through few trades that I took in chat room today and what worked and did not.Hope this helps.
ELX Alert was at 11.Stock based below 11 all day. If you wanted in it had to be below 11 as keep onbouncing 20 ema.Worked well till R2 11.19 for scalp. Then the stock fallapart as it breaks the 20 EMA. Stop would have been 10.94.
FN was on blogwatch list over 18.60, Good set up at open as it had tiny gap was riding 9EMA.Decent entry at 18.60 with low of day stop. Stock rips to 19 in a hurry andextended at 19 and R3. Sold all position at 19 and it falls apart after.
GRH was on blog watch list over 3. Stock Hits 3 right atopen and you had to have leap of faith to hit at 3/3.03. Great move to 3.65 trailing9 EMA / 5min as stop.
