Day Trading Wrap Up - Coin, BPFH | thetechnicaltrader.net

Day Trading Wrap Up – Coin, BPFH

Jan 25, 2008 Day Trading

Todays Day Trading Wrap: currently i’m trading $10k lots/ trade.

RAMR – trade was not triggered.

COIN – price action gapped up this morning back to descending resistance. I faded the gap and entered at 10.80 on the breakdown. Fading the Gap is a really popular and effective day trading strategy in which to trade morning gaps. Using an interval of your choice price usually consolidates for a short period of time before breaking to the up or down side. I covered this position 9.70

BPFH – This trade worked out exactly like planned. I shorted at the opening and price has retraced over 5% throughout the session and found support near the 13ema. In at 23.50, out at 21.86



Real Time Small Cap Stock Pick Trade Alerts via Live Chat, Txt Message, Email. More info on Black Service HERE


	Down from $150!	Down from $550!

` This entry was posted on Friday, January 25th, 2008 at 7:44 pm and is filed under Day Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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Buddy , I agree with this article, just sometimes I read so fast everything and I miss things that after read them again, I can understand it better.. . Your Trading Wrap Up – Coin, BPFH–thetechnicaltrader.net Blog Stumbled up and Bookmarked, so I keep updated on every article you write from now now on fx trading.

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