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grove_under

 

RSH

Mar 29, 2011 09:58


Tags:

vlco c btfe

Beyond the FE setup (BTFE) - 5 min chart, Fibs over opening 15 in range, 8ema

Trigger:
Buy above 18th hammer like bar, which also rested up against the FE. 8ema was rising, and a VWAP line crossed over (VLCO) the 8ema on the 14th bar.

Exits:
Exited 1/2 at 15.98, and other 1/2 at 16.23 (2 cents below the HOD)

Notes:
In the premarket, 15.75 was resistance, which also happened to become the FE.


Execution detail:

Date/time Symbol Side Price Position
2011-03-29 09:58:17 RSH buy $15.470 long
2011-03-29 10:01:23 RSH sell $15.380 0
2011-07-26 11:04:03 RSH buy $15.760 long
2011-07-26 11:18:03 RSH sell $15.980 long
2011-07-26 11:29:42 RSH sell $16.230 0


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