Friday 12 October 2012

Oct 11 - Review

A simple trade with STX today. Range trade, good r/r on both lots. I have loved this stock lately. Will watch today for 29.15, 28.90s and 28.00 behaviour for high r/r trades. Below the graphic should cover all my thinking in the trade, please see my first post for longer term info on why STX is weak on the longer time frame. I covered my second lot above 28.00 because I do not take overnight risk.



Good luck today fellow traders. Have a great weekend.
Sean

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