Thursday 25 February 2010

Trades 25/Feb/2010

NXY (gap down)

Bearish first then sideways consolidation at the lows. The 5th is bearish and OR breakout and closes weak. This is our short trigger. Looked good for a while but then came back strongly to stop out for a loss.

No other trades for me today. Hope you did better. Might not be trading tomorrow, so if not, then have a good weekend.

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2 comments:

andi said...

i think it didnot work for you as marked reversed..i tried TRLG.that looked great at the time i took the trade.but the sucker stopped me out..

bl said...

Yep commodities reversed almost at the open. Gap them down then reverse them. How easy. Look for the reversals. 4/10' on TRLG looked good