Wow, just left a comment over on Evolutions blog directed at Swift Trader and noticed I blew that QID trade. Sure I got in a little early as the stock popped into the close of the 10min hammer, but that hammer's high was never taken out. I should have bailed immediately as it is not a valid signal. I hope that is clear. My system requires the prior bar's high to be taken out before entering, aka, place my stop limit order 1c above the current bar's high, then when the next 10min period begins, if the stop is hit, then the high was taken out, the move confirmed, and I'm in.
I cannot believe I just now noticed this. Still learning. Thanks to Evo and Swift for making me review my trade...
Masterjaz out
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