Tuesday, June 9, 2009

BGU



Started day badle. Long X on the break of 4th bar, got stopped out.  Entered BGU got stopped out.  Shorted BIDU. It moved a little against me and I scratched the trade off.  Guess what? as usual BIDU moved to the target easily after that.  It appeared as if DOW as forming a bull flag after yesterday's late rally. Entered BGU again and decided not to move the stop-loss this time until the target is reached which was PDH. Exited my entire position at PDH for a 3.5R gain.

No comments: