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Monday, May 01, 2006

Above the Fibonacci extension

posted by Tom C:

Building on what we looked at last week, a nice set-up above the Fibonacci extension. Post your comments and trades.

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Zoomie said...

Short KSS off break of 18th bar low, fib extention trade, small loss. Long XRX break of 3rd bar , scratch trade. Long BTU, off 4th hammer-like bar, exited 3 bars later on pop near fib extention. Any comments welcome!!

5150 said...

didnt see much opportunity today......ADM was a nice 30 min setup.