Day traders' after-market lounge March 11, page-16

  1. 7,636 Posts.
    lightbulb Created with Sketch. 196
    Had to sell FMG on open as it had reached the 2% level, ended up losing 2.33%. I managed to get back in with smaller parcels twice at 1996. Sold the first parcel at 2014 and the second at 2080. made $21 and $151, good day for me, clawing back some of my losses.
    I drew the Descending Triangle on the five minute chart, just wondering if someone can confirm this is correct? It broke to the upside with a spinning top so I waited for the next bar to confirm, there was some volume also so entered at 2071 on the third bar, closed at 2078.
    @Cabbie
    Trying Heikin Ashi, good for picking the trend but not so sure with day trading. For instance those two bars that touched 2088, one was a bullish long green bar and the next was a bearish red bar, not so easy to see with HA.
    Think I picked the hardest stock to pick to trade lol, should have just gone with something easier like CIA. Plenty opportunities to get in at the lows, sit there keeping a lazy eye on it and sell near the double/triple top for a good days pay.
    https://hotcopper.com.au/data/attachments/2991/2991574-fc56d58598935c45c7fbcff3de0c27bc.jpg
    https://hotcopper.com.au/data/attachments/2991/2991618-7520f20a40641c52498d4f4a8d2bba34.jpg

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.