There were some good setups today - CEPH was my best.
CEPH gapped up and stabilized in the upper-half of the morning's range. The seventh bar was the narrowest of the morning (NRM) and an inside bar that closed green and formed on support (the halfway point between the morning's high and the 50% retracement).
I entered on a break of the seventh bar's high and closed the position three bars later at the FE.
I plan to follow Trader Mike's lead and take the latter part of this week off. If I make a trade or find myself around a computer, I might make a post. Otherwise I probably won't be back until Monday. Make sure you subscribe to the blog (see links at the top of the page) if you don't want to keep checking back to see if it is updated.
Have a good weekend.
PS - I also received my bonus check from AIG...so I have a lot of spending to do!
PPS - What can $5 do? Read about "Good Karma" and RJ.
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