I wrote an article for Active Traders mag about a little fib pattern that I called the Crown Pattern. You can go read up on it, but this morning as the market was again in trouble and moving south, it setup up nicely and then triggered at 10:18am ET for a long....now it held there for a while but then took off. By using the internals of the market was able to ride it to the top and make a nice profit.
Oh yea and the first bar trade didn't do to bad either...........got to love it.
Also using money management and with the profits this week we are now trading 25 instead of 20....loading the boat for next week....hehe
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