Wednesday, March 9, 2011

3/9/11 NQ: Trade Recaps- 3

Continuing from the previous post, "Breakers LONG above the 50 day on the 1 minute and above the swing point that was set may be a viable option if volume is present during the break." We had a breaker long signal as highlighted on the chart. A buy order placed at 2316.50, long trade was valid until 2324.75 was broken at 12:24pm.

If you missed the initial breaker entry, we had a PBC entry signal at around 11:54am, long at 2320, with the same invalidation point as the breaker trade.

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