AMGN, WFR

Posted on January 26, 2007
Tags: Day Trading |

I took two trades today, short in AMGN * 2, the first stopped out at -1R and I scratched the second one when I saw it has lost steam and wasn’t going to go down. The next one was long WFR * 2, the first long position was shaken out for another -1R by the mid-morning spike down. It was quite annoying to see it move promptly back up and I was looking for another point to enter. I then had to leave the PC mid-day to attend to some urgent family issue (all’s well now) so missed a good spot. Luckily I found another  spot late afternoon and was able to recover the lost ground and finish the day on +0.7R instead of the -2R.

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