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Monday, April 17, 2006

Monday's action

One that didn't work - I closed it at the end of the day for enough to cover commissions and buy a burger. It just never took off - in retrospect, maybe that first bar was too wide range:



And, one that worked quite nice:



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2 comments:

Anonymous said...

ctsh on Monday on a break of the 3rd bar high. T.J.

Trader-X said...

That seventh bar hanging man (just below the 50% mark between the high and the Fibonacci extension) was a good sign to close the position and take nice profits...good trade.