Sunday, October 11, 2009

ROST


Entered on the break of 2nd bar low. 3rd bar found ORL as resistance. Took partial at S1, moved remaining to BE. Covered the balance near $45.


Simple trade. 2nd bar is an inside bar. Entered long on the break of 2nd bar high, sold at R2.


This one was a loser. Entered on the break of 2nd bar low. When price moved back into OR, sold for a loss. It then moved to my target. It provided a very nice entry on the 7th and 8th candle which I did not take.

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