Tuesday, 20 May 2008

Trades 20/May/2008

Due to work committments and meetings overruning etc, I was not even able to get a watchlist sorted out today, never mind finding time to trade.

I see that the general market moved quite a bit, so hopefully you got in some good trades.

I should be back in action tomorrow as I'm off for a day from work.

3 comments:

Anonymous said...

TR: Sorry you missed out today. Got a couple of ques:

1) FNM: 9th bar low b/o. I liked the OR b/o, closed-strong, followed by NRB.

2) JPM: 9th bar low b/o. I liked the 8th bar NR7 but prior bars had lower tails so 7th bar s/b strong close, but was not.

3) SKF: 9th bar high b/o, or 13th bar high b/o. Both closed strong, but the 9th bar = whipsaw.

4) MS: 13th bar low b/o. I liked the strong close, rejection of OR low, & held below 5ema

5) CHL: 9th bar low b/o, or 14th bar low. 14th bar looks like just a red bar, with wicks?

Thanks, Ralph

BTW, here is my watch list for your review:
exc gsk mdt peg rri sap skf axp bhp brcm c chl efa esi fnm hd ibn intc jpm lvs ms msft nrg nue nvda rio schw sndk sohu vmw wfc

TraderAm said...

ralph

1)FNM > Yes 9th bar is good trigger
2)JPM > Very good call, both the 8th and 9th would have been good triggers.
3)SKF > 9th is just a green candle on my charts. Wouldn't have traded it.
4)MS > Yes 13th bar is good trigger.
5)CHL > 9th is good trigger.

Did you trade all of these ? Nice gains if you did.

Anonymous said...

TR: thanks for feedback.

No I did not trade all of them, only FNM & JPM.