Tuesday 5 January 2010

Trades 05/Jan/2010

Oh Blimey...more and more snow. If you are in the US or any other country used to snow, you are probably wondering what all the fuss is about. But here, anything more than a few inches and it is utter chaos as we are just not used to it and the infrastructure is not really in place to handle it efficiently. Worst winter so far in 30 years and no signs of it ending any time soon.

Anyway, on to trading.

V (gap down)

Trend down then pullback to ema with NR7 doji. Fell nicely after entry and closed partial at 2R near Fib Ext and whole number. The rest was left to run but came back to stop at breakeven.

No other trades for me. Hope you had a good one.

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