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October 24th, 2006 by eyal | Filed under Day Trading. |
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I had a bit of time today so I took a few trades. None of the candidates was overly exciting when I was looking at them in the morning and all three positions kind of gave back quite a bit at some point so the end P&L of +2.7R is just ok-ish.
Nice trade on AMTD. I was watching it and unfortuneately did not enter. Cool on the 30 minute chart how it broke up from the 4rd candle, narrow range, then took a dive. I am going to watch for this more often. Rallied to 5 EMA no less too!
Thanks Zoomie. Yes those prolonged contractions can lead to some nice moves. Unfortnately I didn’t get out “on time” :-)