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Reallifetrading
Apr 27, 2015 5:46 PM

AMAT potential day trade Short

Applied Materials, Inc.NASDAQ

Description

Nice bearish gap
Comments
BruceDeBlanc
Just wanted to get an idea on your thought process here. I am assuming the trigger was set just below the previous pivot. But how did you come up with the stop placement? Thanks!
Reallifetrading
Correct. Stop was above the prior candle's high (on the 15 min chart) and above both moving averages. Only trade I took today. :)
orcun
Always Following You Bro
orcun
yep good edge
Reallifetrading
Thanks man!
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