- $C from the PDC ( Previous Day Close) to the the HOD today ( High Of Day ) had a range of about entire one ATR !. Trading is playing the odds. When a big board stock trades on regular average daily volume like $C today , I do not expect any extraordinary big ranges to happen. The range ( the 1 ATR $1.17) already was made in the first half hour from the open. I made few bucks, and I was done. Had the $C pulled back right from the open and allowed me to build bigger size , the gains could have been much nicer but you gotta take what market gives you and be thankful.
- $FB ATR is $2.5 and so far it had made a range of only $1.00 since the open.
So I will keep calm , kill my ego , stay focused , and just watch FB. If gives me the expected I will take it
To be updated after market close
Markets weakened after the first hour trading neither $C or $FB had continuation for long , locked in OK gains. Took $HD long of the 200 sma intraday and got stopped with acceptable loss that did not kill my green day.
Here are the trades :
The Green Day
C
Markets weakened after the first hour trading neither $C or $FB had continuation for long , locked in OK gains. Took $HD long of the 200 sma intraday and got stopped with acceptable loss that did not kill my green day.
Here are the trades :
The Green Day
C
FB
HD the loser
The real bummer today was missing out on the $SWHC that I had it planned for great short opportunity twitted here
Salute !
AngelDan@DaChopa
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