Friday, April 15, 2016

04/15/16 Trade status $PTCT

One trade today only $PTCT..


I am trying to find new pattern from the 5 minutes candle, therefore I will add the chart in 5 minutes and test out for next month.

I am not a FOMO, I saw it rip around $7 and didn't want to jump in, you never know where the top is. I sit back and wait. Once I see $8.84 high then doing higher low $8.79 then I start in 1/4 size short risk the $8.84(HOD). It start to pull back a little and rip so I cover just above $8.93. I am continue to wait for the new setup. The next setup is at the line. There is a high, then higher low and line in the sand is $9.13ish. If that line crack I'll start in short. I start in short $9.13 and cover $9.11 because it not giving me a panic like previous candle. Wait again to see if that line broke. I start in short again $9.13, this time work then I cover some $8.54 then some more $8.70. I try again in the afternoon for the same setup. Great trade.


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