This was the first trade that I took. I screened for a nice pin in an open area and decided to take it like a maverick. It was stopped out on the next pin. Mistake #1, too short of a pin bar. The next pin was a much longer one, representing 8% of price increase. Pro tip:
WAIT FOR BIGGER PINS
TAKE PROFIT AT EXACT FIRST SIGN OF RESISTANCE
MACD on daily about to cross.
Relative Strength and Money flow are good.
We are very close to publish our website www.penniestothousands.com which will have four audio tradliminal trading tapes plus an invitation to join for our monthly fee of our trading room. Even though the markets are closed tomorrow there will be some economic data so KEEP AN EYE ON IT!