Thursday, August 23, 2007

082307 - SFD - 5mins - Loss*Paper


Symbol: SFD
Type: Long
Result: Lost -1R

  • The Hammer formed on the 9th bar, with increased volume, caught my attention
  • In addition, the prices also closed above the 5eMA
  • Although the Upper Shadow from the 6th bar did bother me, I decided to enter Long
  • I should have listened to my inner self because the prcies didn't rise that far
  • I was Stopped-out shortly after

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