Federman19
Singkat

MPEL Short Day Trade

NASDAQ:MPEL   MELCO CROWN ENTMT LTD
Looking for it to retest the Low of the day and then roll over.
IT PAYS TO LOOK AT MULTIPLE TIME FRAMES. Had I done that, Entry would have been at 17.53 rather than 17.59 and would have been triggered in. Reason that the entry would have been 17.53 is because of the 50 EMA on the daily chart.
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