Monday 15 June 2009

Trades 15/June/2009

LLY (gap down)

Weak first then retrace but fails to hold OR. The 4th is weak off OR and closes weak. This is our short trigger. Closed partial at 1R (near Fib Ext) and left rest to run. This was closed at end of day at around the 2.5R level.

PCU (gap down)

Weak first then retrace but fails to hold OR. The 3rd is a NR3 IB pullback off the whole number and is our short trigger. Closed partial at 1R (near Fib Ext) and left rest to run. This was stopped at breakeven as the stock pulled back.

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2 comments:

OONR7 said...

another nice, solid day. You'll be writing a book soon ;)

TraderAm said...

No time to write a book...too busy trading :-)