Trading Notes: Daily Trader August 18th

Some of the potential trades for today in our Daily Trader portfolio ran away at the open. We normally do not chase the gap-ups or gap-downs and usually wait for first 30-minute candle to close to decide if we still want to enter the trade.

  • We will adjust the entry for the short BHI to 67.62, stop to 68.67 and the target to 66.90
  • We will also adjust the entry for┬álong IBN to 53.67, stop to 52.54 and target to 54.74
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