Wednesday, 22 July 2009

Trades 22/July/2009

BK (gap down)

Fall below OR low on 2nd then pullback to OR. The 4th is an IB NR3 off OR low and is our short trigger. Didn't work out as the price cvame back and we were stopped out for loss.

GENZ (fall thru prev day low)

Bearish price action as Or breaks on 3rd. The 5th is bearish candle off ema and OR low and is our short trigger. Closed partial near Fib Ext (just past 1R) then rest came back to stop at breakeven.

No other trades for me today. Hope you had a good one.

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1 comment:

Charlie G. said...

Our watch lists often overlap (given there is a focus on gappers).

I didn't trade GENZ or BK on Wed (but considered entries on both), but did trade LXK on Tuesday like you did.

Good luck!