Jan 4, 2022 least shitty trade du jour

Scalp on Appl, 50 shares $180.06 to $180.43 in 2 minutes. Princely profit of $18.5

setup 1 minute

Appl dropped precipitously over $2. When the green bounce got about half-way to the ema, I figured it would get the whole way…cos such a steep drop demands a substantial correction (and the 20ema on the one minute chart was the minimum), after all, it is Apple – people don’t need much of an additional incentive to buy. Bought on a market order @ $180.06 (waiting to to above the big round number, 180, just in case it decided to stick and reverse there)

setup 5 minute

See the timestamp, 11:10. All of my price action was contained inside this one green bar. It was a pullback after two large bars. Pullbacks often happen after 2 or 3 bars.

outcome 1 minute

I put in a limit order for a few cents under the ema. Got printed at 11:12. Two minutes after I opened the trade (11:10). Groovy

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