Sunday, September 14, 2008

Missed this opportunity



Here's a trade I should have taken on Friday. I'm learning that narrow 30 minute candles aren't confirmation enough for a high probability trade. BEXP showed a "bull flag" on the 5 minute chart at the same time it was painting a narrow 30 minute candle (around 11:30). If I had bought it when it broke out from the "flag" pattern and held until the end of the day, I could have had a 7R profit.

1 comment:

Anonymous said...

keep the charts coming they help alot
TKS
ED