If you can make it in New York New York, as the song goes, you can make it anywhere. During this session, we spent time in the Times Square of trading environments – i.e., the six-minute bar chart of Priceline, a $1300 stock. The leaps, feints, flutters, and wild oscillations of this giant-killer make it an ideal candidate to test our Hidden Pivot chops, particularly the camouflage technique. If you can make money day-trading PCLN, then switching to, say, NFLX or even Google will seem like a walk in the park. For the record, the trade set-up that engaged us toward the end of the session – a counterintuitive entry on 400 shares with $240 of initial risk — went on to produce a profit of as much as $1600 within 45 minutes.
