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Friday, September 18, 2009

Friday NY 9/18/09 trades 1-5


#1 took the short off the yellow and the Hline at 18, (as some know i like to keep a tma21 running in my rainbow white dotted line), helps me spot when the price has ducked under it the short signal from the yellow reversal solidifies the entry. but the price keeps moving up so when it breaks the previous high my entry, i exit with a small loss.
#2 again the same trade, price is under the tma21 i enter, knowing the 18 level was my recent resistance area also the Hline or horizontal line. so that was my exit.
#3 same exact trade
#4 took it right off the yellow felt it had pushed down hard only to see it continue so i exited once it broke the previous low.
#5 though the yellow was signaling i waited for it to relax find support and get above the tma21 to confirm the buy and then exit at the Hline 06

1 comment:

  1. Nice trades !!!

    Do you use the Throw(21) indicator on the bottom at all? and are you trading with the trend?

    ReplyDelete

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