Thursday, January 31, 2008

Gap Fade - CS

5 minute chart

Stock: CS 10 minute chart
Entry: 54.08
Stop: 53.60
Result: .15 to .53
Notes:
Here is a case of getting shook out, still hit a single but missed out on a HR!! Lots of room to run to the 200 and 5 EMA

* Feel free to post any trades you made today that you would like commented on

2 comments:

QQQBall said...

did you just get antsy? looks like it never broke a previous candle's low all the way up? did you drop to lower time frame to manage trade?

How I Day Trade said...

the 4th green bar up barely dipped below the low of the last bar and stopped me out. Missed a HR but made money and always have to remeber that is the most important thing, not getting greedy.

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