Tuesday, January 12, 2010

Tim Sykes' IDN trade, Jan 4, 2010

IDN day chart Sykes trade
Here I think I get the trade idea from the progression of the day candles: the day the short trade was entered must have been the first day with high significantly exceeding close (Dec 31, a local turning point) or the next one. Tim sold short at $3.90, covered at $3.57.

No comments:

Post a Comment