Entry | : | $128.90 | ||||
Size | : | 700 | ||||
Exit | : | $131.48 | ||||
Stop Loss | : | $127.80 | ||||
Risk | : | 1.1 | ||||
P/L | : | $1,806.00 | ||||
R | : | 2.35 |
Tuesday, January 30, 2007
Day Trade: Long NMX 30-min chart
Entry @ $128.90 / 700 ***late posting***
I created a trade trigger to buy at market price when price clears $128.25 and my trade was executed at $128.90, a $0.65 slippage...or more like a robbery. This is a classic FLAG price pattern which usually resolves to the direction of the pole of the flag. I decide to keep it until the end of the day after it cleared a major resistance in the daily chart.
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