Interesting, but that is what I would call a trade set up, as opposed to DD.
Here is what I trade and how:
I trade the 6e and the emini using fibs and volume.
If you go to a daily/15/512 tick chart of either (the emini is more technical), you will literally poop.
Buy at the 50% with a stop at the 38%, and take profit at about 120%.
Make sure the market internals are supporting your trade direction and you will be golden.
Also, never trade against the morning gap.
Does anyone do fundamental DD on stocks?
I saw a post a while back, but haven't re-located it yet. If I do I will post it here as a response.
Thanks for the response and have a great day!
Stay thirsty, my friends.
