Wednesday, June 6, 2007

060607 - ACAD - 15mins - Loss*Paper

Symbol: ACAD
Type: Long
Entry: The beginning of the 7th bar
Exit: Covered during the 9th bar
Result: Lost -0.93%

  • What I saw was a bullish candle piercing through a bearish candle
  • I took that as I bullish reversal signal and entered Long immediately at the beginning of the next candle
  • The lower shadow of the 9th bar triggered the Protective Stop
  • Besides, the price did not really rise much during the day

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