Tuesday, 1 September 2009

Trades 01/Sep/2009

Couldn't find a set up to trade today. I did have some orders in (FDX,HOG) but they never triggered. Others were too close to Fib Ext, so I left them them alone. Hope you had a good one.


Rudy said...

TR, when you avoid trades "too close to Fib", how do you define too close? Do you specifically eliminate trades that are less than 1R from fib? Rudy

TraderAm said...


Yes exactly that. Ideally I want my 1R to occur before the Fib Ext is hit. Or if they are at the same level then that is ok as well.