Mar 7, 2008

TS - Short

Been having problems with prophet.net lately so most of my candidates have been through IB and/or the briefing.com gap list. I spent about an hour on the phone with prophet last night telling them I was fed up with their issues.
 
If any of you are paid subscribers and an issue arises... you need to call to complain or things never get resolved. I kept telling them that their products/scanner features haven't changed for years so I can never understand why their scanners crap out from time to time.
 
As for today's trading, I placed a stop-limit order in BOOM (11/5) but price blew by it. I did go short TS off a break of the 7th bar low (:15) which closed nicely below the ORL. Exited at the fib. ext. Also shorted CIG but ended up losing latte money. Overall, I'm happy with the week... especially knowing that I missed a lot of very good trades. Have a good weekend.
 


5 comments:

Hammer Trader said...

nice trade OO.

TraderAm said...

Nice trade on TS.
Good pattern on the 15min tf. Must have missed that one when compiling my watchlist.

Anonymous said...

OO u r having issues with stock softwares. May i suggest you use Esignal instead of QT etc

OONR7 said...

anon: QT is fine, the data's iffy. It's all resolved for now... I signed up for marketfeed.com as a backup.

Dave said...

I ended up taking BOOM, but I actually closed it after a quick drop. In hindsight I shouldn't have taken that trade. The spreads on BOOM were about 10 cents, which are far too wide for a stock trading in the 30s.