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Monday, April 13, 2009
April 13 - MS - JPM
Banks closed very strong last week and opened strong this week. MS printed and IB (second bar) with the body filling in the upper tail for the first bar. I entered on the break of the second bar high and closed at $26.00 which is R1 and also an important PP in the daily chart. JPM chart is similar tp MS and I had the same entry and exit strategy. The target for this one was also R1.
3 comments:
Anarco,
Nice trades today! For some reason I have been missing every bank trade lately. I am glad to see you catch a couple.
Tyler
Thanks T!
I am really hooked into the banks story these days. It is quite fascinating what is going on.
Cheers,
Nice pair trades Anarco.
Day tradr
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