Thursday, October 7, 2010

CRM


Obvious doji in CRM is a high probability entry point,



















cover and take CRM profits when it hits previous low.

2 comments:

Day Trading Fool said...

Nice.

I have been noticing that your stops have been wider than they usually are - just adjusting for current conditions?

About that exit - perfect as usual... anything else clue you in?

Scott said...

DTF- stops correspond with the spread too. bigger spread=bigger stop.

I had a nice gain in it already it had stopped and reversed at that same point earlier in the day. A few other stocks had already sent advance warning that a reversal was more likely to happen than not.