This is a live student trade. It is both a 2nd entry short, and a failed 2nd entry long. The 2nd entry short doesn’t qualify for an entry due to the bullish signal bar, but this trader noticed the failure that gives him an opportunity to take the trade anyway. It was a quick easy move and a nice chart read by the trader. Very nice work and great read of the chart.

Note that this is the QuantTower software that is free to our members if you trade with AMP. I haven’t used it, but it has good reviews and it looks nice based on what I see in this trade. One other note of interest is that the trader uses a limit order to get a better price entry.

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Comments

John Gaspar August 28, 2021 at

Very Nice!

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