Not much to blog today. I had some other commitments, so wasn't able to look at market much. During the time I was watching, only one trade to report.
DRYS (gap up)
Standard gap up followed by sideways consolidation as we gain support at the ema. The 6th is NR3 pullback to ema and is our trigger for long.
Entry: 23.44 Stop: 22.95
Fib Ext: 25.18
1R=23.93 2R=24.42 3R=24.91
The next candle started off well as we reached 1R, but that is as far as it went. We then pulled back and were stopped out for breakeven.