TE - Long
Another short watchlist day (which I really don't mind). TE was just about the only candidate that showed promise. If you look at the chart, you'll see how price interacted with the :15 ORH and viewed it as resistance. Bars 14 and 15 provided and nice setup at the ORH. I entered off a break of the 15th bar high which was an inside hammer bar. I wish it would've closed above the ORH but since it was a hammer and the spread was small (.05) I figured I had more reasons to enter than to stay put.
Exited all my shares just below the fib. ext. on a nice move upward. Monitoring a stock, waiting for the right moment and nailing the entry is just the best damn feeling.
I don't think I'll be trading tomorrow as I scored some great tickets to the French Open... just hope the rains stay away. I'll try and post some nice pics over the weekend.
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3 comments:
Nice. Enjoy the French Open. Bring us back some pictures!
Is Prophet.net acting funny? Yesterday I got no stocks off my scans and today I got stocks but they did not appear to match what I was scanning for...-Tom
tradermd: I hope to share some great shots.
tom: yes, prophet's been acting weird. I've called and spoke to them just so they have it on record. Anyone's who is a member should do the same.
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