123Tom's TA study group

[Citrati]

Tom, I was not around the markets today so no actual trade.
I marked red rectangles to show where my entry and exit would have been if I had been home to trade NUGT. Keep in mind I do not hold overnight so the opening move would have been without me no matter what. My entry would have been 31.07 and my exit 32.56. Both inside the corresponding red box.
Entry is top of white candle with 30.88 low. Exit is near bottom of first red candle after the pole top.
Can you see why for each of them? That is a net gain of $1.49 on the day. Pretty obvious it is a conservative method. That is what I want at my age, minimal risk.

You can click on my 5minute chart below.

http://schrts.co/cEKRGZRX