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Trading > ATM Wallstreet

Just Trade The Open

ATM Wallstreet | Wed, 02/20/2008 - 2:24pm | trade, trade the open, trading |  Add a comment

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TRAK was gapping down at the premarket.  TRAK rallied from the open
gap but soon ran out of steam.  Once it completed the Wide Range Bar (RED) 14
bar in I wanted to find an entry to go short.  Once it traded below the low
of the 14th bar a little base I took my short at 22.24 placing my stop at
22.53.  I exited the trade at 21.24 for a nice 3.4 risk reward units.

I began my day trading career by just trading the open the first
90 mins.  For those of you on the west coast you can still work
a job and place some nice trades before you leave the house.  That
way you can add to your income or build some wealth.  I feel that my
success at the open has fueled my trading career and now I am fulltime trader.
www.atmwallstreet.blogspot.com

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