Tuesday, 8 December 2009

Trades 08/Dec/2009

VIP (fall thru prev day low)

Bearish first then shallow retrace up to OR low and ema resistance. The 5th is NR7 off OR low and is our short trigger. Worked nicely after entry as market sold off. Closed partial at 1R since whole number and Fib Ext was approaching. then left rest to run. This was closed towards end of day at around 3R.

No other trades for me today. Hope you did ok.

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