Watching and learning, trying to use what might become part of my edge. Not sure if it will help me yet or not. It needs refinement. I used it to short 500 TNA at $47.30 during the 2:35 pm candle. I stopped it out in the 2:50 candle when it looked like it was going up. Tiny loss of $7.
So now I am logged out and calling it an early day... but still watching the charts currently at 3:00pm. Looks like my breakdown might be in the works; TNA down to 47.21 and threatening lower. Could be I exited one consolidation wave too soon. No matter, it was a stop and I had to honor it.
I'm leaving the computer now and will check the chart later. Perhaps leave a comment here.
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