Monday, March 9, 2009

LONG SSO

bought 14.95
sold 15.02

reason for buying:
  • just a scalp trade for a bounce
  • not too crazy about it since my chart is all screwed up due to day light savings.
  • first pull back of the morning on 5-min timeframe..switched to 1 minute to zoom in for entry.
  • Was bidding for 14.90, several wicks down to 14.92 showed strengths of the bulls
  • bought market just before it bounced.
reason for selling:
  • volume sucked
  • not comfortable with chart today.

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