Friday 19 March 2010

Trades 19/Mar/2010

MMR (move thru prev day low)

Bearish first then sideways consolidation to ema. The 6th is NR7 closing weak and is our short trigger. Closed partial at 1R near Fib Ext area, and rest came back to breakeven.

OSIP (move thru prev day high)

Trending up with stronger relative strength than market. The 8th is NR7 IB pullback and is our long trigger. Didn't work out and stopped for loss.

UPL (move thru prev day low)

Bearish first then trending down below the OR. Shallow pullback on 4th, 5th ,6th candles. The 6th is bearish upper tail and off ema and is our short trigger. Went sideways for most of day and almost stopped out. But caught the fall in last session for 1R gain.

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