Wednesday 2 December 2009

Trades 02/Dec/2009

GME (gap down)

Fall thru OR low on 2nd then shallow retrace to ema below OR. The 4th is NR pullback and is our short trigger coupled with market weakness. Closed partial at 1R then rest came back to breakeven.

STZ (gap down)

Gap down then sideways consolidation at lower half of OR with weakness relative to the market. The 4th is a NR7 Fall thru OR low on 2nd then shallow retrace to ema below OR. The 4th is NR3 closing weak and is our short trigger. Closed partial at 1R near whole number and then rest came back to breakeven.

No other trades for me. Hope you had a good day trading.

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