Wednesday, 3 March 2010

Trades 03/Mar/2010

STX (gap down)

Bearish first then shallow pullback to ema. The 7th is long upper tail red off ema and closing weak. This is our short trigger. Didn't work out and it came back to stop out for a loss. I did close partial near $20 level as this held on subsequent candles, so not a full loss. But we'll call it a 1R loss to keep records simple.

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TraderGH said...

it look's like a bad wave.
i know you can but, how are you planing to stop it?

TraderAm said...

Yep, it's a bad wave.
Keep trading and see how the next two weeks pan out. Then see how I stand at end of the month.

andi said...

hft is causing this to maximize big brokers profits and minimize all those petty daytraders skimming off the system