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Trading > ATM Wallstreet

Daily Chart gives keys to taking intraday trade

ATM Wallstreet | Fri, 03/13/2009 - 3:30pm | risk trading, stock analysis, stock market analysis, stock risks, stock trading, trading strategies |  Add a comment

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ARNA was a nice gap this morning gapping lower than yesterday’s close.  Once ARNA broke yesterday’s low trapping all the bulls yesterday I was ready with an order to go short. ARNA yielded 5.3 R’s of reward.  Risking only .06 on the trade and rewarded with .32. The last
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