Monday, August 29, 2011

RVBD


This was a play that I call as "15Min 1st bar", played very well and sized correctly with target on HOD. Played this for over 2R. 1st bar on the 15 min should be as shown in the pic. then wait for 2 red bar pullback on 5 min and enter the position with stop below that.

RIMM

This was a Tier 3 gap play that did not work in my favor in the 1st 1 hour, hence I took a hit of 1R (played twice) and killed the play.