Great example of one of my “after 10 am” breakouts of the low of the day…although I usually like a little upturn before it goes down, this one just headed down and down quick. In real time you really need to be on this trade and figuring out your stop price and your entering your order as well as a trailing stop of 1-2%, just in case it turns around right after it breaks out.
You can see this chart as well as others daily around 7 PM at http://talesofthedaytrade.blogspot.com/
