Thursday, July 30, 2009

July 30 Trades

Did only 3 trades - ANF, WLT, V. Left a lot on the table in ANF, WLT was ok. Managed to get out at BE on V. I'll post V trade in another post. In the afternoon, SOHU and WYNN looked good for a retracement trade but I did not take it.


4th candle saw some consolidation and the 5 ENA also came close to the price. Entered on the break of 4th bar high which was an inside bar. Took partial at 50% and sold remaining at $49.00.


Most of the stocks gapped up today and rallied. 5 EMA on 15 min. was quite far away from the price when I entered. Entered on the break of the small consolidation and exited at 100% FE. ANF looked strong when I exited. Could have held a few shares.

2 comments:

anarco said...

Very nice trade Thomas!

Day Tradr said...

Thanks Anarco.