Trading Week 11 [Tuesday] – Reversals & Opening Range Breakouts/Downs ($VRX)

By | March 14, 2017

Set ups I am focusing on

  • Gap Downs
  • Opening Range Breakups/Downs
  • Reversals
  • Context Play - including Trend Continuation (All Day Hold)


Green Day

$VRX (Gap Down)
Catalyst - *Share Sale by Akman (big holder) - http://finance.yahoo.com/news/valeant-slumps-longtime-backer-ackman-134315130.html

Big Picture View

I want to analyse the picture view right before the open. This means I look at multiple time frames like 15, 30 and 60 minute. The Day chart helps identify the Gap - either its into levels or out of levels.

2017-02-21_VRX_Big_Picture

 

 

Trading Chart
*

2017-02-21_VRX_5_Min_noPL

 

Multiple Time Frames - Trade 1
2017-02-21_VRX_All_Time_Frames

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