Wednesday, September 23, 2009

ASIA


I first entered ASIA on the break of 1st bar high based on 5 min. which was a very pre-mature entry. Got stopped out on the 3rd candle. Re-entered on the break of 4th bar high and covered sold near $21.


GET gapped down below and broke S2 in the first candle which closed below S2 and very weak. 2nd candle was an NRIB but was very far away from 5 EMA. Price then consolidated sideways to reach the sloping 5 EMA. Entered on the break of 11th bar low. Took partial on the way and closed entire position before FOMC meeting at 35% FE measured from PDH-ORL.

I also had a loser in AAPL.

2 comments:

bl said...

Nice trades. ASIA, covered=sold?

Day Tradr said...

Thanks bl. I don't know why I always tend to write covered for sold.