Tuesday, June 30, 2009

BGZ, CNQ

Just 2 trades to report today. BGZ - Entered long on the 3rd candle when price took out the ORH (high of first bar). Partialled at 50 EMA resistance and the remaining at PDH.


CNQ sold off in the morning and started retracement at around 11.30. It hit the 20 EMA (yellow colored) and stalled. Went short but wasn't expecting much of a move. Exited when it started to recover again.


Hope you all had a good trading day.

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