Nov 6, 2007

CRL - Long

In my last post, I made a reference to taking a perfect trade as opposed to having a perfect trading day. Well, can't say I had a perfect trading day as there were opportunities that I didn't take (FSLR, 30-min, 8th bar just as an example) but CRL, for me, is what I mean by the perfect trade. Not a lot of worries, acted as it should have with a great fill. Here's the chart:

7 comments:

Jerry said...

Sweet profit. This is the type of trade I love everyday.

The exit bar volume is gone.

QQQBall said...

very nice 007 - went your way the whole ride. very nice.

i watched your new movie last night on DVD (Casino Royale)... those chair toture scenes must have hurt! :)

QQQBall said...

Grey Trader

PB - Pull Back

let me know that you saw this.

caio!

greytrader said...

Thanks qqqball :-)

oo, I traded CRL also but break of the 9th bar (61.17) I sold just below the fib extension (62.59). You got about .4R more out of it then me ! Nice trade.

greytrader said...

FSLR 30 is an interesting one. When do you think you would have exited ? The 10th bar is quite the reversal, would you have stayed put through it ?

OONR7 said...

jerry: thanks. Not sure why volume isn't showing up as I tried backfilling. Sometimes I see that happening EOD.

qqqball: yeah, the crane sequence left me bruised and battered as well.

gt: since I wasn't in the trade, there's no telling what I would've done. But making 3 points (at 169) seemed good enough. I probably would've checked out the 5-min chart and based my exit there.

OONR7 said...

gt: that's about where I exited, 62.60.