Friday, May 21, 2010

2010/05/21 CLF

SPY make a strong rebound today, after a crazy 3 day sell-off.

Too bad I come back late today, and cannot have a nice time to sit down and trade.
Anyway, CLF is nice.


6th candle trace back to 5EMA and rebound, create a nice tail. Signal.
7th candle trigger.

49.56, 50.00, 50.44, 50.88, 51.32...

7th candle : Move SL to BR.
8th candle : Move SL to 1R.
11th candle : SL at 1R.

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