Saturday, May 15, 2010
fridays trades
this is the chart i am looking for all day. great pullback to ema around 1130 with a top wickish candle.
i drew that line early in the day. i didn't take the break down, i don't know why. but it worked well, made a nice hammer, then rallied back to the break down point and back down again.
i was buying this after the big volume move down. i thought the market was going to pop at the end of the day, which it did, but ceco went no where. next time i am going to be watching TNA
moves lower, consolidates, breaks down. i think i held for about 10 minutes. i need to hold longer but i get way to anxious holding these winners. $80 is a great winner for me on 200 shares.
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