Colquitt’s Corner Week 5.13-5.17

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  • Colquitt’s Corner Week 5.13-5.17

Last week Manesh put a video out talking about a possible bottom. Here is a look at the chart from last week. You can see we hit a bottom and then headed back up to the Green line where we have an iMTF. Now will we break it or hold and go back through the cloud? 

The 1 hour is in a consolidation and will eventually break out. Question is bearish or bull. 

Here are the Trades I took to go a long with the up movement. 

 

 

Here are the transactions of the trades I took. 

 

Lesson, don’t rush to put orders on. I mistakenly put a vertical on and lost about $40 bucks because of it. Lesson learned. Also will stay aggressive and take profits at persevere mode until I can put on 2 contracts 

 

Also follow my twitter for these trades as I take them. https://twitter.com/mcwno

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If you would like to learn how to trade like an institutional trader or learn more about our multi-timeframe email alerts, go to www.ichimokutrade.com or email us at info@eiicapital.com

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