pipster10

pipster10

Looking for a nice little scalp of this double bottom formation.

pipster10

looking to go short here. Looks good for trend continuation.

pipster10

heavy momentum to close the gap from this morning. this is a riskier trade as the gap is still open. 1% rule on your trade and good luck!

pipster10

We have a lot of momentum to the down side. Look for the Stochastic RSI to cross over. We are below the 200 SMA so only looking for short opportunities. looking to enter as soon as we get the Stochastic RSI to cross. Set stop loss near or above the break of 1.11715 have a TP of 1:2 This is riskier as we have not had a retracement yet of the down trend. So stay...

pipster10

The trade looks simple should still be able to enter. 1:2 ratio 5 pip stop 10 pip tp the downward momentum to break 1.13000 is looking good.

pipster10

We should see a nice move of about .50 to 1.00 possible. This will be a slow grind down to the major support line then a fast break. 1,000 shares will net $10 a point. Currently short 1,000 at 9.95 stop loss at 10.05

pipster10

Look for market reaction of significant level bias to the short side.