One Trade in WINN

August 28th, 2007

I only saw one trade worth taking today.  It was in WINN and turned out to be, well, a winner.  ;-)

It looked like a great setup to me - two dojis followed by a bearish mostly shaven bar then an inverted hammer on the opening range low.  I scaled out half of the position at the Fibonacci extension and trailed a stop the rest of the way for about 3.3R.  Hopefully there will be more candidates tomorrow that work like this one did!

WINN.20070828

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  • 5 Comments

    1. Jamie Said,

      August 28, 2007 @ 12:55 pm

      Awesome gapper trade Dave!

    2. Dave Said,

      August 28, 2007 @ 7:42 pm

      Thanks, Jamie!

    3. Zoomie Said,

      August 29, 2007 @ 5:22 am

      Nice trade Dave! I took it after the second push down. I didn’t squeeze R 3+ out of it like you!

    4. Dave Said,

      August 29, 2007 @ 5:32 am

      Thanks, Zoomie. When did you get in? After 11:15 or so?

    5. Zoomie Said,

      August 30, 2007 @ 5:20 am

      Exactly. Break of 7th bar low on 15 minute, as it was trending down nicely (I usually don’t trade between 10:30 and 1:00, thanks to you). I played it again on Aug 30th for a nice gain as well.

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