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Tuesday, September 05, 2006

PD - 090506; 30-minute chart




PD did not live up to its potential, but was still profitable. The entry was a break of the fourth bar high, that bar having found support at the retracement zone of the previous day's low to the opening range high.

There are some good trades in "Comments" on the previous post - check them out (specifically CHAP and TIE).

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2 comments:

Bill said...

Also a 30 minute...dvn, break of 3rd bar.

To the moon!!!

Charles (in San Fran) said...

DVN was nice. I missed the 3rd bar, and caught it on a break of the 4th bar.