MDT

November 21st, 2006 by eyal | Filed under Day Trading. | Print This Post Print This Post

Had a couple of candidates today and quite a few marginal ones. I was watching MDT and JNPR and decided to go with MDT. It closed for a small +0.7R. JNPR would have been a better risk:reward trade but I wasn’t in it.

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4 Responses to “MDT”

  1. Zoomie | 21/11/06

    Eyal, where did you enter? You are right about re-entries. I looked my MDT entry a couple times to make sure it was a really good trade on its’ own accord and not a revenge trade. (I was stopped out of my first trade by a penny.) You trading tomorrow?

  2. Eyal | 21/11/06

    Hey Zoomie, I entered above 5th bar on the 15min, but with a slightly wide stop since the market and the stock seemed sluggish. Also it’s a listed stock.

    I will probably have a look tomorrow to see if anything is really compelling. I think some markets are closing early? How about you?

    Happy Thanksgiving btw.

  3. Zoomie | 21/11/06

    Eyal,
    I may trade, how indecisive…lol. I will be picky. You too on the Happy Thanksgiving. Although my “Canuck” thanksgiving was a month ago. My American wife didn’t cook a turkey for it. Apparently our pilgrims didn’t deserve it ;).

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