Thursday, August 30, 2007

083007 - KG - 15mins - Gain*Paper



Symbol: KG
Type: Long
Result: Gained +0.86R

  • Drew a potential Pivot Point (see blue line), which is slightly above the Opening Range High
  • Drew Fib from Day low to Day High
  • KG painted a Hammer during the 7th bar, closing above the 5eMA, but just slightly below the Day High
  • Entered Long when prices break above the Day High
  • Continuously adjusted my Stop to the bottom of the previous bar
  • Got Stopped-out during the 12pm bar
  • A very small gain

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