Aug 6, 2008

FIS - Long

Not a whole lot to report as I had to stop trading by 12:30pm for a dinner date. Entered FIS long on a B&B setup off a break of the 11:21 bar high. Gave me some nice returns quickly but then just stopped dead in it's tracks at around the 22.70 area. I scaled out to lock in some profit and then sold the rest just above breakeven.


1 comment:

Tom T. said...

I could only paper trade today but I saw a nice setup in NADAQ on the 5 minute time frame. PACR on the 15 set up nicely as well but I dismissed it as something I would actually trade because of the huge gap down - but I have been surprised more than once on how these huge gap downs still have legs following consolidation.