Tuesday 22 December 2009

Trades 22/Dec/2009

A bit short on time today, so I'll quickly post the chart up.

CMC (gap down)

Trend down then 4th is pullback NR3 IB and is our short trigger. Looked good intially but didn't quite have the legs to reach 1R. Stopped out for a loss later on.

2 comments:

andi said...

why short??
ibn, jbl were good play

TraderAm said...

why short ? seemed like good idea at the time.

ibn > was too close to Fib Ext IMO
jbl > missed it.