ASN - Long
Today I found a lot of quick strikes and I was either along for the short ride or I missed out. Overall, I thought today's action was very strange. Here's my ASN trade:
- Placed fibs. from first bar high to low
- Watched price creep back up and above the 50% level
- I thought price was going to reverse after seeing that spinning top at the 10:05 candle, but it didn't
- Price resumed its orderly rise to just above the 61.8% fib. level
- Entered on a break of a nice hammer high on increased volume
- Price soared past the fib. ext. and I was getting ready to cash out as I figured was going to come down
- Sold all shares at the fib. ext (felt fortunate, really)
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4 comments:
I made the same trade in ASN, OONR7. The action was strange. You made out a bit better than I did.
Good job.
Here's my trade.
Another nr7 Fib style. Great! Looks like the naz double bottomed at 10:20 and took off with all the generals kicking butt. I missed that rally for the most part.
Beauty...I looked at it and knew that was going to be a winner but it didn't meet my current rules...so I chose other ones that didn't meet my rules :)
Hey noticed that the sharts don't show up on IE. Weird
fw... just fixed it. IE is such a POS!!
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