Monday, September 7, 2009

Welcome to the Flag-Trader Blog

My first Guy Cohen/Flagtrader stock: Today we look at ANDE. Everything is great, except for one thing...the move seems to have been made (actually a gap up) yet it is still coming up as a possible trade. So, when does the software invalidate the trade?

TRADE: Bull Flag and it looks like 31 would have been a good Buy Limit price to enter. Stock CLOSED just below 33 near it's all time high set at the end of July.

Thanks for coming...and if you want to see my Forex Blog, we'd love to have you.