Breakout Trading using Time and Sales

This is a discussion on Breakout Trading using Time and Sales within the Trading Journals forums, part of the New Traders category; RVBD is definitely muddy.............

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Old Mar 15, 2012, 12:17pm   #657
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Default Re: Breakout Trading using Time and Sales

RVBD is definitely muddy..........
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Old Mar 15, 2012, 12:25pm   #658
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Default Re: Breakout Trading using Time and Sales

Quote:
Originally Posted by amit1986 View Post
-2 cents per share RVBD breakout failed
Hi Amit.

Do you not try and avoid the 'US lunch time' or would you at least recommend the less experienced of us do so?

Cheers
Steve
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Old Mar 15, 2012, 12:28pm   #659
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amit1986 started this thread
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Originally Posted by Mr. Charts View Post
RVBD is definitely muddy..........
You should have told me that earlier ! LOL
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Old Mar 15, 2012, 12:30pm   #660
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Quote:
Originally Posted by evostik View Post
Hi Amit.

Do you not try and avoid the 'US lunch time' or would you at least recommend the less experienced of us do so?

Cheers
Steve
I try to, yes. But there have been days where I have been able to get some nice gains in the afternoon. Definitely recommend the least experienced to stay out of it. As you get better at reading level 2, you will likely stay away from weak breakouts...RVBD was another story entirely...momo was decent but it kept reversing as I went in. In the past, that wouldn't deter me from taking more trades on it, but now I know better. So now, I know to stay away from it.
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Old Mar 15, 2012, 12:44pm   #661
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Default Re: Breakout Trading using Time and Sales

amit1986 started this thread Going to call it a day now. Back tomorrow.

Good trading to all!
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Old Mar 16, 2012, 9:40am   #662
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Default Re: Breakout Trading using Time and Sales

amit1986 started this thread +11 cents per share OGXI breakout to new highs
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Old Mar 16, 2012, 9:51am   #663
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Default Re: Breakout Trading using Time and Sales

amit1986 started this thread +2 cents per share UPL breakout...got out too late
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Old Mar 16, 2012, 9:51am   #664
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amit1986 started this thread UPL still smashing its way higher without me
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