Thursday, May 14, 2009





Getting close to the afternoon session. Original day trends look to be continuing


CNQ












FAS














SKF

















SRS

2 comments:

Tajir said...

Hi Scott,

Thanks for great insights and detailed explanation. One question; On CNQ chart what is the difference between 13.05 bar and 13.30 bar. Initially both seemed to be reversal bars, however, 13.05 bar turned to be a head fake. For me, while the bars are forming, I cannot differentiate between the two. Did you enter at the break of 13.25 bar or after 13.30 bar was completed. Thanks.

Scott said...

Entry was made on the 13:25 bar as it went past the previous candle. Market had more momo at that time as well compared to previous head fake.