World Clocks

Saturday, April 29, 2006

GDP Preliminary 2006 Q1 and Chicago PMI


  • Excellent Trend 5 morning after preliminary Q1 GDP released, caught this move neary from the start of the deep pullback.
  • Risk was fairly small and entry may have been a bar early when the spread was nearly 4 pips.
  • At 14:00 GMT there was some heat that could have shaken out this trade not necessarily stopped it out, but no exit signals so stayed with the trade and momentum picked up even late into the afternoon right before close.
  • Closed out 2/3 of the contracs for +70 pips, with 1/2 contract still open over the weekend with a large +75 SL.
  • *** Please Note that a special reference chart was saved in the private section with more details ***
Posted by Seaducer67 at 4:46 AM

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