The 30 min dummy setup caught my eye. I zoomed in on the 1 min chart and found a 2 min base with a double bottom with a slightly lower second low.
This slightly lower low can often trigger the up move. At the same time the market (QQQQ’s in this case) bounced from a sort [...]
Archive for April, 2008
My 2 cents…
BRCM two wave pullback
BRCM gapped up big time, moved nicely off the opening range. I missed that move but into lunch it had retraced almost the complete move. What caught my eye were several things.
It had found support on the morning range bar.
there was a nice 2 wave pullback
Especially the pace development in the pull back was [...]
