Thursday, March 22, 2007

20070322 - AGIX - 15mins - Gain

Symbol: AGIX
Type: Long
Entry: The beginning of the 6th bar
Exit: The beginning of the 15th bar
Result: Gained of 0.54%

I entered at the beginning of the 6th bar because of the Doji-like 4th bar, and a rather strong 5th bar (closing close to its high). My target was the first-bar high, and the Stop was set at the 4th bar low.

The price did went up as expected in the next 2 bars, but it stayed flat for the remaining of the day. I exited towards the end of the day when the price went up slightly.

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