Thursday, 12 November 2009

Trades 12/Nov/2009

FMER (gap up)

Gap up then high reached on 6th candle. This closed weak and below the $20 level. Combined with market weakness, this was our gap fade short trigger. Went sideways for most of the day but managed to get the fall at the end of session for 1R.

GMCR (gap down)

Rise after gap down for partial gap fill up to ema resistance. The 6th is an inside bar and combined with market weakness is our short trigger. Closed partial at 1R as it got past $1 gain. Then closed rest towards end of day at around the whole number.

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1 comment:

bl said...

Nice work with FMER. can be difficult to trade those gap ups. GMCR and CTRP were nice Wed AH eps movers