So today we a few interesting things happen
- 1. We wanted to see a gap down...during an uptrend a gap down is a gift and a play we would like to take.
- So we waited and bought the first blue TTM or hammer (lucky for us this happened at the same time). This occurred at 15472, place a stop and then wait for the fill. We took a little heat on the trade (10pts) but we have a trading plan and we stick to it.
- By 11:08 EST we saw the gap fill and net us roughly 41pts, not bad for an hour of work.
- 2. We did not see the price break 15525 or 15535 so we did not have any interest in a upward move.
- 3. No extreme TICKs, this made for a fairly slow day for our trading plan.
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