Wednesday, 9 September 2009

Trades 09/Sept/2009

CTSH (gap up)

Strong first then trend up with ema. The 5th is a NR3 doji IB pullback and is our long trigger. Closed half at 1R which was at the Fib Ext. The rest was left to run but came back to breakeven.

ITW (gap up)

Strong first then sideways action at upper end of the OR. The 5th is off the OR high and closes strong. This is our long trigger. Closed half at 1R which was at the whole number and also at Fib Ext. The rest was left to run but came back to breakeven.

No other setups looked good enough to take in my view, so just the two trades today. Hope you had a good daytrading day.

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