SOHU formed a NRB on PDH. Entered on the break of the NRB high. partialed at 38% FE which also happened to be near R1 and exited completely on the break of the doji low.
Thanks Ivan. It's very good to hear that someone found the blog helpful. I am a newbie too and just learning how to trade. Here are the links to some great traders blog (just in case if you haven't visited them already).
4 comments:
Exactly the same trade here! Nice!!!
Hi, this is Ivan in NYC
Just wanna say thank you for the great blog - you're a great help for a newbie like me.
Take care.
Anarco,
The way SOHU was consolidating I was expecting some more upward move but no complains. Was happy with the profit.
Thanks Ivan. It's very good to hear that someone found the blog helpful. I am a newbie too and just learning how to trade. Here are the links to some great traders blog (just in case if you haven't visited them already).
Jamie - http://traderjamie.blogspot.com/
Trader X - http://traderx.blogspot.com/
Anarco - http://2001anarco.blogspot.com/
Tyler - http://amibald.com/
Keep Visiting!
Day Tradr
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