So today i have found
INGN
for a fade (short) trade, if you look at the 5 min chart you will see that we are under the VWAP, and the MA's with a big window to fade, i will trade it as soon as it breaks the USD64.00 level, with a window all the way to USD60.00, my stop will be 10 cents above the VWAP, remember that i only trade short bias and i am looking to locate Home Run trades, other wise i will not trade.
This is for educational purposes.
INGN
for a fade (short) trade, if you look at the 5 min chart you will see that we are under the VWAP, and the MA's with a big window to fade, i will trade it as soon as it breaks the USD64.00 level, with a window all the way to USD60.00, my stop will be 10 cents above the VWAP, remember that i only trade short bias and i am looking to locate Home Run trades, other wise i will not trade. This is for educational purposes.
Comment:
Great trade as predicted...