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Stock: SSO 5 minute chart
Entry Bar: 22 after 12:45 PM
Entry Green Line: 23.17
Stop Red Line: 22.94
Result: 1/2 at 1R, stop to even trail rest with 8ema, scale out 1/4 ar 2R option -
Entry Green Line: 23.17
Stop Red Line: 22.94
Result: 1/2 at 1R, stop to even trail rest with 8ema, scale out 1/4 ar 2R option -
Notes: Again this is a setup I have been experimenting for some time. I will not add this setup to my business plan unless it proves consistent and profitable for some time. http://howidaytrade.blogspot.com/search/label/New%20Squeeze%20Setup
-This is a quick hitter, get that pop on a nice consolidation break when the Bollinger Bands come out of the Keltner channels, look to see if there is some sort of consolidation on the 5 minute chart. Nice 123 pullback and green candle.
* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.
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