RE: Watchlist - Traders method
(2013-03-14, 10:52 PM)isatrader Wrote:(2013-03-14, 08:39 PM)goodtyneguy Wrote: If Routy from over at T2W is still in Ocado he/she will be a happy bunny to day.
Is funny looking back at my posts. At least I told him the right thing to do with this even though he went off to sharehunter for a trial not long after: Post#889 which was to wait for the consolidation - which began the next day and then to get in on a trader entry on the next breakout with a better risk reward setup, which would have been on the continuation breakout on Mar 12th at 142.60, which would have given a breakout entry risk of 3.69 x ATR(200).
Yeah, good advice, the correction has a nice cup shape to it which is always a good sign in my opinion. Whether the deal goes through with Morrisons is another matter.