Replies to post #380 on The Trader''s Perspective (TTP)

[Ownwallstreet]

Funny story. Few months ago I traded TRXC for .15 move back when it was under a buck.
Stopped watching it and now its in dollars. Shame on me :/

[Sendme]

TRXC (I am almost out of posts) Follow up. Still watching this one since it has not quite hit my estimated target, link back for charts.


But is is also a nice example on the 15 minute chart on why I like to wait for the signal candle and then still wait 2-3 candles for a trigger of .05 higher for a buy confirmation. Had a false break out on the 15 minute chart this morning.

But if this catches support at the gap window top, and goes back up there is still a chance to hit the target. Takes some big kahoonas to hold trades like this or buy into them again.


We got a trigger to short IMHO let's see if they try to squeeze them one more time?