Here’s Why Anticipation Works
Remember that song
‘Anticipation’ that talked about
“keeping me waiting”? Well, it’s the perfect little ditty for traders, as we
patiently stalk our stocks to set up properly.
11:34:28
Intraday Reversal Alert
TASER (TASR)
is forming a potential
1,2,3 low on the 5-minute chart–down 2.94 at 25.86. TASR still needs to
form a 3 point pivot low to confirm pattern reversal long entries.
It wasn’t my best, but it was a solid,
well-defined setup, and one that ultimately did provide little coinage for the
trading account. So, the question is, do you think “Simon” says it was a good
trade too?