Sep 10, 2008

PNC - Short

Only one trade today which was a bit shocking considering the frenzy that happened yesterday. Entered PNC short on a break of the 4th bar low. I liked how close it was to the 5ema on the :15 and how it bounced down from the 20ema on the 3-min chart. Scaled out at 1R and sold the rest just above $70. 


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