Tuesday, 24 November 2009

Trades 24/Nov/2009

VIP (gap down)

Gap down then retrace back to ema resistance. The 7th is weak NR7 forming two bar high and closing weak. This is our short trigger. Closed partial at 1R then rest at 2R as it was nearing the $20 level. If I had left it to run it actually would have got to 3R, but I thought it prudent to take profits expecting a bounce off $20.

Nothing else that I could see setting up. Hope you had a good day.

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1 comment:

The Average Jay said...

Nice job! I enjoy reading what your are doing.