Wednesday, February 4, 2009

How I day Trade ?

Many ppl ask me about how I do day SU made perfect setup so I thought it was good idea to share with you. Please see my trade in the attached picture.

I entered in SU yesterday afternoon at 23, when Nice candle formed crossing above EMA(5), decent volume, and most technical indicators crossover specially positive momentum from the last indicator. I got out of the position at 24.60 when on intraday chart most indicators were showing the chart as overbought.
This is a almost picture perfect setup where most ppl can male money if played correctly.
Happy Trading...

DJ chart

Tuesday, February 3, 2009

Feb 03

Bought 200 BMO @ 32.00

Bought 100 SU @ 23.50