This inverted C&H (Jamie style) worked out nicely; in fact it was the best trade of the week for me. I wanted to sell on a real spike in selling volume, but that never took place, so I kept moving my stop to follow the steady selling. My goal was the 100% fib extension drawn from the high of the cup to the base, but price did not make it there.
Thursday, October 9, 2008
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6 comments:
Anarco,
Amazing trade!
Tyler
Sweet!
Thanks guys!
I am happy the struggle of this week paid off today.
greta patience on the exit!
Very nice!
Thanks again guys!
I was debating if I should exit at S1 or at the 100% fib ext when my stop loss was hit. Interesting how the market tanked in the last hour and ANR found some buyers.
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