We dog-tailed AMZN during our hour together, first finding a tradable pattern on the 15-minute chart, then drilling down to the one-minute to force the trade. We also examined an open trade in the yen that had been explicitly recommended in a tout earlier in the week. What kinds of things do we look for to distinguish promising ‘mechanical’ trades from likely losers? The material toward the beginning of this recording provides a finely nuanced answer to this question.
