ACI,AGU,AKS,BCS,BTU,CCE,CNX,CS,CSIQ,DRYS,ECA,HANS,INFY INTU,IPI,JASO,MTL,NFX,NUE,SQM,STLD,SU,TLM,X,YGE
Couldn't find much today, only one trade made.
IPI (gap up)
Gap up and 1st candle confirms prev days's high. We trend up nicely with the ema then consolidate sideways at the OR. The 6th and 7th close above the OR. The 8th is bullish green NR7 (2nd successive NR7) and off the OR and ema. This is our long trigger.
Entry: 58.84 Stop:58.12
Fib Ext: 62.45
1R=59.56 2R=60.28 3R=61.00
The next two candles are red but hold the OR. Unfortunately the next one stops us out for a loss.
So, just the one trade today. I did have orders in SQM and INFY, but they didn't get filled (which was a good thing in hindsight). I was also watching HANS but I missed the excellent entry pattern on 12th and 13th as I was travelling home. That would have been a good gainer and turned the day positive.
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