Thursday 1 October 2009

Trades 01/Oct/2009

BBL (gap down)

Fall past OR low on 3rd then retrace to retest OR and ema. The 6th is off OR low and stock was looking weak relative to market. This was our short trigger. Closed half just past 1R near Fib Ext. The rest was closed near end of day for $1 gain.

MT (gap down)

Fall past OR low on 3rd then retrace to retest OR and ema. The 6th is NR7 off OR low and closing weak. This was our short trigger. Closed half just past 1R near Fib Ext. The rest was closed near end of day for just over 2R.

PAG (gap down)

Weak initial price action relative to market. The OR break on 3rd is restested on 4th which is our short trigger. Closed half near whole number and Fib Ext at just past 1R. The rest was closed near end of day at just past 0.5R.

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1 comment:

Rudy said...

TR, a good day like today is exactly what the doctor ordered. Congrats!

Rudy