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Monday, July 31, 2006

Monday's charts

I am pressed for time as I have an "event" to attend late this afternoon. I don't have time for detailed analysis, but thought I would post a few charts and let you answer the three questions on your own.

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5150 said...

X...I went long EOG on a break of the 13 bar which was a hammer and inside just above the OR. The stop went under the low of same bar. What did I do wrong if anything?

Charles (in San Fran) said...

EOG was a great trade, I entered on a break of the 11th bar high. I am not seeing what you saw on the 13th bar...my chart does not show a hammer. But it should have still been a good trade...maybe you need to adjust your stop to give it more room?

BL said...

Scottrade shows a break of 10th bar hammer

Mr.Doji said...

Hey TraderX,
Thanks for all the info on your blog.
I have been trading for almost 3 years now, and today was the first time I felt like I've finally got somewhat of a grasp on what is going on.
Used some of your techniques, they are awesome.i'll be sending some good karma out to the universe for you, and also to the tip jar.
Thanks again.

Trader-X said...

Thanks alot ZenTrader...and I will check out your blog.