29 Oct – Long VCLK on BO of symmetrical triangle
Oct 29th, 2007 by Trader-15
VCLK did a down gap on the 16 Oct to form an island reversal. It then consolidated into a symmetrical triangle over the next 8 sessions. Today, it gapped up on slightly higher volume and had been strong all day. I decided to enter on intraday PB to ~38% (26.60). (See intraday chart).
Entry : 26.6647 (not a clean entry as you can see 
Target : 29.9 (below high of island before reversal, maybe too aggressive)
Stop : 26.39 (intraday support, see intraday chart)
R/R : 11.78
Duration: 5 days (..holding over Fed announcement ? maybe not..!)
Source : Watchlist
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Hmmm… I had a couple of “parked” orders that were filled in the closing minutes of the day (29Oct) … so
Long VCLK @26.63 STOP Market 26.39 GTC
This makes R/R : 13.63
30 Oct 2007
Stop triggerred in the 1st 30 min.
Stop Market 26.39 Exited : 26.3420 Loss: ~1%
Trade Closed.