Today was another day to take 1.63 out of day trading RIMM using a .25 rangebar. The first entry signal was 60.19 @ 9:32 am; the next long signal came 2 minutes later @ 60.25. If you missed those at the open we got another signal to go long at 60.40 @ 9:46 am. Another long signal came at 60.90 @ 10:26 am. The stock topped out at 61.39 and we got our sell signal at 61.14 @ 11:05 am. This produced a profit of .95 on the long side. As you can see after the sell signal we had a trend reversal and did not take the next trade until 2:03 pm on a sell short signal @ 60.43. We did not cover until our signal came at 59.75 @ 3:43 pm. producing a profit of .68 on the short side to give a total profit on the day of 1.63 taking 4 longs and 1 short.
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