Wednesday, 18 March 2009

Trades 18/Mar/2009


GG (gap down)

Sideways action after first candle, but can't regain previous day's range. The 5th is OR breakout from ema and closes weak. This is our short trigger. The next candle is good as well and is a better entry by the way. The Fib and 1R were close and we missed 1R by 1c. It was showing signs of support at 8th and 9th candle lows, so we closed partial at around the Fib level. The rest was stopped out at breakeven.

-----Fib and R-Values----------------------

----------------Trades --------------------

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