Thursday, 29 October 2009

Trades 29/Oct/2009

SNE (gap up)

Trend up after the gap. The 4th is an IB NR3 pullback and is our long trigger. Took partial at 1R then left the rest to run. This was closed at the same level towards end of day.

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2 comments:

niki said...

did you start to take partial at 1R instead of 2R ??
i trade amag /4 bar.

TraderAm said...

I normally take partial at 1R if it's near to Fib Ext.

I kind of broke my rules on SNE because I thought the market was due to retrace and so banked some profits.