tag:blogger.com,1999:blog-13255624789107731522024-03-13T01:04:54.572-04:00OONR7charts, trades and more chartsUnknownnoreply@blogger.comBlogger563125tag:blogger.com,1999:blog-1325562478910773152.post-30910925433724554202009-10-02T03:06:00.002-04:002009-10-02T04:21:38.753-04:00Google Wave<span class="Apple-style-span" style="font-family:verdana;">Anyone of you fine readers happen to get an invite for Google Wave? I would be forever in your debt should you send me an invite as well :)</span><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Thanks!!!</span></div>Unknownnoreply@blogger.com21tag:blogger.com,1999:blog-1325562478910773152.post-31668054804180470622009-09-22T17:00:00.004-04:002009-09-22T17:19:02.599-04:00Tuesday's trades<div><span class="Apple-style-span" style="font-family:verdana;">About my only bright spot today was SGY. But even that turned against me later in the day. My initial position was off the 5-min chart, and I doubled up after a nice pullback on the 10-min. Like I said... it was all for not as price came back down.</span><div><span class="Apple-style-span" style="font-family:verdana;">Stopped out of ASML, CCL and breakeven on KMX. Finding this week especially choppy. I wonder if the way I've been trading lately just doesn't do well in 'uncertain' market days... like the days leading up to the FOMC.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Also, <a href="http://spiderscantool.blogspot.com/"><span class="Apple-style-span" style="color:#FFCC66;">SpiderScan </span></a>just came out with a new version which includes a new TDAmeritrade scan - along with some other new enhancements. Do yourself a favor and check out the <a href="http://spiderscantool.blogspot.com/"><span class="Apple-style-span" style="color:#FFCC66;">free trial</span></a>.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Lastly, I've been thinking for the past 2 months or so if I even want to continue blogging. Personally, I'm just not getting what I hoped (and experienced) when I first started a couple years ago. I don't post charts as a journal... I can do that with a folder on my desktop. I created this blog as a way to interact with other traders. This is a very isolating job and I figured the blog may be the closest thing to having an office-like environment. To bounce ideas off one another and to generally have some fun. Right now, I feel like I'm posting charts just to post charts. It's just not working out.</span></div><div><span class="Apple-style-span" style="font-family:verdana;">Granted, I haven't exactly put the kind of energy that I once did (Rise or Fall) but, still, the feedback and interaction is not there.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">I'm really having a great time trading right now and personally feel like I've reached a point where I can truly consider this a career. It's taken some time to get here, but it feels good. Not every day will be a great, but what I've always hoped for is consistency and a trading plan I can depend on.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Moving forward, I will probably use this blog to post some very good, textbook trades instead of the day-to-day approach I've used since the beginning. Of course, I can only hope that I have a lot of those to showcase :)</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Take care,</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">OONR7</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtc-9uvF2DtRkMTwyYXkveMt1c8Yhlb8cmYUmTmUL9B2VbRlwJzqU2oh4w29bDUaRBUq-FzyVZJFrYmapEIHdrLcu8pZogB6tmdCavhTrkiXjXOCxAc3L8bTYKf_n6KSNCoaqCY_FlI8jx/s1600-h/Chart+of+SGY5.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgtc-9uvF2DtRkMTwyYXkveMt1c8Yhlb8cmYUmTmUL9B2VbRlwJzqU2oh4w29bDUaRBUq-FzyVZJFrYmapEIHdrLcu8pZogB6tmdCavhTrkiXjXOCxAc3L8bTYKf_n6KSNCoaqCY_FlI8jx/s400/Chart+of+SGY5.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5384403779968271074" /></a><img src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3TArX00A2enqF7o3W5EiHBKAG77pJG-vdKPcRZADclPRzZVsGT81oq4g4aM4x-AEb-RRCCOTtjAhdR39GiJverbA7H8C3xxA31dtzdFTXVvxUScvMTp0nrDXWv_LVkubkIsDXAtqsx2NI/s400/Chart+of+SGY10.png" style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" border="0" alt="" id="BLOGGER_PHOTO_ID_5384403782438480386" /><br /><span class="Apple-style-span" style="font-family:verdana;"><br /></span>Unknownnoreply@blogger.com14tag:blogger.com,1999:blog-1325562478910773152.post-78747183533633066602009-09-21T16:54:00.003-04:002009-09-21T16:57:58.456-04:00Monday's trades<div><span class="Apple-style-span" style="font-family: verdana; ">Quite the crazy day. Started off with a quick 3 strikeouts in IAG, HST and SSRI. Then rebounded with some nice action in AMSC and CMA. It was a bit of a roller coaster and I hope that's not a sign of things to come for the rest of the week.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7KvDgbmtCDzNQdY3fE5qV_gd4Tol4cLTkDZj8oLrcg5QJoKhNxVivyMUmsn5IQOxfvDh6qbIY7TUY7iqP8iqL9Gzy_bB2QRPT1YaTZBQ4ZetUCgGtcpQ561ZqliNCYe28iba9XgOpNNGO/s1600-h/Chart+of+AMSC.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7KvDgbmtCDzNQdY3fE5qV_gd4Tol4cLTkDZj8oLrcg5QJoKhNxVivyMUmsn5IQOxfvDh6qbIY7TUY7iqP8iqL9Gzy_bB2QRPT1YaTZBQ4ZetUCgGtcpQ561ZqliNCYe28iba9XgOpNNGO/s400/Chart+of+AMSC.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5384027581875188610" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvCp3V0ct0rpNRgJq39JanZKzaVItccyiGNmmXvo9MsEWyZ1gomVNj5oW5vc5pJGxhs8sL_5wxDxV2HC9JcbVylxQ5BugdwQ-vrcr1my5eFNCrX2nFw2YdJnrGM3PJDRzk4H073X09_dkw/s1600-h/Chart+of+CMA.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvCp3V0ct0rpNRgJq39JanZKzaVItccyiGNmmXvo9MsEWyZ1gomVNj5oW5vc5pJGxhs8sL_5wxDxV2HC9JcbVylxQ5BugdwQ-vrcr1my5eFNCrX2nFw2YdJnrGM3PJDRzk4H073X09_dkw/s400/Chart+of+CMA.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5384027577347259666" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiubIT9DY820xfSu6omSQd2X2PWQi3Ht1pvO6tLK6rvtU6Voit7QAwLYyQWVYkW_aXFQh5UlJfm_ecUR0vd9qaLNPUwS9YuAJ_bYuW15Eu9VNllz3rvg2EmV-B5q_hHA44lrIdtYbD9AOUA/s1600-h/92109.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 223px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiubIT9DY820xfSu6omSQd2X2PWQi3Ht1pvO6tLK6rvtU6Voit7QAwLYyQWVYkW_aXFQh5UlJfm_ecUR0vd9qaLNPUwS9YuAJ_bYuW15Eu9VNllz3rvg2EmV-B5q_hHA44lrIdtYbD9AOUA/s400/92109.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5384027572417238162" /></a><span class="Apple-style-span" style="font-family:verdana;"><br /></span><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1325562478910773152.post-84097231323802023132009-09-18T16:05:00.002-04:002009-09-18T16:17:56.773-04:00Friday's trade<div><span class="Apple-style-span" style="font-family:verdana;">Didn't know what to expect today with OPEX and, well, just being Friday. But I ended up in a really nice trade with BHI. I took my first trade off a break of the 10:40 bar high (nr7) and the next bar was also an nr7 so I ended up buying more shares. At this point I was really looking at how price would interact with the ORH (:15) and it immediately acted at strong resistance. I sold some shares there and again as price came back down. However, since I bought additional shares I was still in good shape.</span><div><span class="Apple-style-span" style="font-family:verdana;">I ended up partialing on the way up and selling all just below the fib. ext. As you can see from the chart - price continued to skyrocket. Just glad I got nice chunk of the action.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1r2tqeKLo4pQCSXRJRqTjMyt1ythBu23p0_edVnET6xT8VKzrm2KTRvM66z7Ugd47v4cKF47hwhQ3cejnAlh9zqLgZKhgJs-ebNUc8THf0he0fwjdEXxMPjieZuROlB-1XfbyfRx413Ft/s1600-h/Chart+of+BHI+918.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1r2tqeKLo4pQCSXRJRqTjMyt1ythBu23p0_edVnET6xT8VKzrm2KTRvM66z7Ugd47v4cKF47hwhQ3cejnAlh9zqLgZKhgJs-ebNUc8THf0he0fwjdEXxMPjieZuROlB-1XfbyfRx413Ft/s400/Chart+of+BHI+918.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5382904060647213906" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVqQYImnD0gwXm90Xlv56UEUqaXW0yT5i1ammdoS3yua9r5cfT7319eRp5GY1MKOwpgxw_Ew3lQDPukPzSlk7uFsIYhbx-Efz7C8pIX0r30H49-3xjaYV-zu2y8fnjUSe2-lYdv0tlKGBa/s1600-h/91809.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 204px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVqQYImnD0gwXm90Xlv56UEUqaXW0yT5i1ammdoS3yua9r5cfT7319eRp5GY1MKOwpgxw_Ew3lQDPukPzSlk7uFsIYhbx-Efz7C8pIX0r30H49-3xjaYV-zu2y8fnjUSe2-lYdv0tlKGBa/s400/91809.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5382904057035717266" /></a><br /><span class="Apple-style-span" style="font-family:verdana;"><br /></span>Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1325562478910773152.post-14220409899766772522009-09-17T17:30:00.002-04:002009-09-17T17:30:47.820-04:00No trades<span class="Apple-style-span" style="font-family:verdana;">Not much interested me and I had a dinner to go to. Hope you all did better.</span>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1325562478910773152.post-46754309277421234312009-09-16T14:19:00.003-04:002009-09-16T14:25:08.183-04:00Wednesday's trades<div><span class="Apple-style-span" style="font-family: verdana; ">Some good, some bad, some missed. I really missed an AGCO gimmie play on the 10-min chart. GNA did well for me and since my entry spread was so narrow I was able to double up on my normal amount of shares and make the small move to the fib. ext. count. FO and TTM were duds.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAPZ3jb8NpcenKXkPZnvDMQGPeIxNdTj28SYAxIpd5voAnKaA_MnnoA4sLwf8MI0SeEdWPv1P_7GEQzT4mDm9aEUOJ6UckL7GWIjVH56ZRUqmEd_EM8mfy0cMe-xaJNFqgraYJ_e4fJk2a/s1600-h/Chart+of+GNA.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAPZ3jb8NpcenKXkPZnvDMQGPeIxNdTj28SYAxIpd5voAnKaA_MnnoA4sLwf8MI0SeEdWPv1P_7GEQzT4mDm9aEUOJ6UckL7GWIjVH56ZRUqmEd_EM8mfy0cMe-xaJNFqgraYJ_e4fJk2a/s400/Chart+of+GNA.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5382132708245881218" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhxqrJ8Cnb3-7R2aw7QARtTm2FFfTBquNNlIJ3TKL2JidaV26DO0MDliiwjiqs6hyskG2QdnGts8fJ9g7IpM0_k-s-upaGL0tQJ7PSt8pa6pnmnBM6wZmNcTxIBBFu7Vvsd24UGZ45obJ6q/s1600-h/91609.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 204px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhxqrJ8Cnb3-7R2aw7QARtTm2FFfTBquNNlIJ3TKL2JidaV26DO0MDliiwjiqs6hyskG2QdnGts8fJ9g7IpM0_k-s-upaGL0tQJ7PSt8pa6pnmnBM6wZmNcTxIBBFu7Vvsd24UGZ45obJ6q/s400/91609.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5382132702747318866" /></a><br /><span class="Apple-style-span" style="font-family:verdana;"><br /></span><div><span class="Apple-style-span" style="font-family:verdana;"> </span></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1325562478910773152.post-77440171256047429062009-09-15T15:41:00.003-04:002009-09-15T15:46:40.507-04:00Tuesday's trade<div><div><span class="Apple-style-span" style="font-family:verdana;">A very satisfying day. One trade, no worries... winner. Went long ASH (10-min) after it consolidated off the 5-ema and printed a strong bar above the $42 level. Actually proceeded to tag $44 but I exited safely below the fib. ext. (after some partials). Hope you all had a good one.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4_tF3y-O5tQrrV_GZzSXmjk-lR7lypZ8FIMp13i-fr5LHx-iNaJ1GuIzo3vN-zEXkFN2v1jpwN6O2MUWGEkajH2eCTE7D4b-_UPQXmLhud7mWYxAmG_8670hwbYHtErI2FdoMThsZjZoP/s1600-h/Chart+of+ASH.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4_tF3y-O5tQrrV_GZzSXmjk-lR7lypZ8FIMp13i-fr5LHx-iNaJ1GuIzo3vN-zEXkFN2v1jpwN6O2MUWGEkajH2eCTE7D4b-_UPQXmLhud7mWYxAmG_8670hwbYHtErI2FdoMThsZjZoP/s400/Chart+of+ASH.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5381782828144481218" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZIPxpOWSxa2bK-oR48Ri6ru8X_MXXEa98H7dJuI0pKf8Y-YJNftEypblCSpNhAgHGu023TEQyAb_4i927hO-AKRC4zs29NUdsKMa3fB4bNXH42wbf3-oqzgEZgGrNYpsNXxoCwrxBYVhw/s1600-h/91509.png" style="text-decoration: none;"><img style="cursor:pointer; cursor:hand;width: 400px; height: 204px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZIPxpOWSxa2bK-oR48Ri6ru8X_MXXEa98H7dJuI0pKf8Y-YJNftEypblCSpNhAgHGu023TEQyAb_4i927hO-AKRC4zs29NUdsKMa3fB4bNXH42wbf3-oqzgEZgGrNYpsNXxoCwrxBYVhw/s400/91509.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5381782821234964994" /></a>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1325562478910773152.post-75469199938854941892009-09-14T15:01:00.001-04:002009-09-14T15:02:32.450-04:00No trades<span class="Apple-style-span" style="font-family:verdana;">Too much crazy chart action for me to get involved. </span>Unknownnoreply@blogger.com6tag:blogger.com,1999:blog-1325562478910773152.post-79436347627235816502009-09-11T16:28:00.005-04:002009-09-11T16:35:51.862-04:00Friday's trades<div><span class="Apple-style-span" style="font-family:verdana;">Today presented a lot of opportunities early on that worked out well and it seemed like it was going to be a very good day. Unfortunately, the wind behind the early bullish sails completely collapsed... as did my profits. I watched half my profits slowly slip away but I was fortunate to scale out at the right time to end the week on a very solid note. I went long on all stocks: MGM, COV, CLF and TXT. I hesitated on JBHT (long) and BRC (short) and those went on to do very well.</span><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Below are a couple charts and I hope you all have a good weekend.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEheoylK4ubKaeJzMcqEIL0sp7xbVXTiDX45QJUP1BKmtp0vnO7Az-dWOC3ul-YuyWHK9GdsgDXYfbykQ45bDxssLG_H79LZrduq52d5IzDK4JLi15XyzNEP8nn_cmWn7na91o4h4VQ8zjpa/s1600-h/Chart+of+CLF+911.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEheoylK4ubKaeJzMcqEIL0sp7xbVXTiDX45QJUP1BKmtp0vnO7Az-dWOC3ul-YuyWHK9GdsgDXYfbykQ45bDxssLG_H79LZrduq52d5IzDK4JLi15XyzNEP8nn_cmWn7na91o4h4VQ8zjpa/s400/Chart+of+CLF+911.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5380311062427722114" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3nEZ-a6eBG0Ta3ydfiIx55m04ibnAUTWBU2JdXTlz1aTcSTnAba4dW4WNgDGD706V2P2cDcCiLrEes8h-jS_Sjn4FWQEB-47YxfZHmvwJc98orkyaf41MpEeYx2ar2bLqHNdCb2NyVhby/s1600-h/Chart+of+MGM+911.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3nEZ-a6eBG0Ta3ydfiIx55m04ibnAUTWBU2JdXTlz1aTcSTnAba4dW4WNgDGD706V2P2cDcCiLrEes8h-jS_Sjn4FWQEB-47YxfZHmvwJc98orkyaf41MpEeYx2ar2bLqHNdCb2NyVhby/s400/Chart+of+MGM+911.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5380311058603287234" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhO2-oChqyxiqYhHHYj_cLpvp_Dw_uDa-t70poA44Nln5Qex0a9M4f9xwd4-jOXfensR-eIINZ5NBA9UUwXd6Yr5XnVLoMhio7V6FMwz1eMyckPUukGDKUPDjiDVRecIACI_y0Oh3Cp5rcY/s1600-h/91109.png" style="text-decoration: none;"><img style="cursor:pointer; cursor:hand;width: 400px; height: 204px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhO2-oChqyxiqYhHHYj_cLpvp_Dw_uDa-t70poA44Nln5Qex0a9M4f9xwd4-jOXfensR-eIINZ5NBA9UUwXd6Yr5XnVLoMhio7V6FMwz1eMyckPUukGDKUPDjiDVRecIACI_y0Oh3Cp5rcY/s400/91109.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5380311048061045442" /></a>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1325562478910773152.post-73985396625290351672009-09-10T16:37:00.002-04:002009-09-10T16:43:20.157-04:00Thursday's trades<span class="Apple-style-span" style="font-family:verdana;">If it wasn't for PG, I would be very happy with today. My entry (long 11am bar high, :05) just wasn't what I normally look for. I think I was just a bit too cocky.<br /></span><span class="Apple-style-span" style="font-family: verdana; ">MW short did work out well and made back the loss and put me in the green. Shorted off a break of the 11:10 bar low and it was a bit of a no-drama, slow moving, safe trade. Didn't make it down to the fib. ext. though. Bummer.</span><div><br /></div><div><span class="Apple-style-span" style="font-family: verdana; "></span><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0vuzPfyhbJp1F7rX6isJ2TxrNDQHUkhuGcjSn0ekq2hok9Y2Sbp-kEeimp-y-3S8JVRT_pvx91m9iw8ZL1y711DLlF2s_3Vi5tBMt_l8wQKdNZhtbyEhPZwv63d17_nQTOGK4c3baOqN9/s1600-h/Chart+of+MW.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0vuzPfyhbJp1F7rX6isJ2TxrNDQHUkhuGcjSn0ekq2hok9Y2Sbp-kEeimp-y-3S8JVRT_pvx91m9iw8ZL1y711DLlF2s_3Vi5tBMt_l8wQKdNZhtbyEhPZwv63d17_nQTOGK4c3baOqN9/s400/Chart+of+MW.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5379941993817697554" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFF2JhZoAkxr7zVsH1D18M3eQpuUAEtChVfLoKkcHLpqS_QflOYinjgh_AbLLKtSg-jjyHBOySLkdFZqK6VX1tguOFjNrx1c4lCXV62UgwsU74GUky7UdIngziZ7izGusKbP8e0wOuplq_/s1600-h/91009.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 144px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFF2JhZoAkxr7zVsH1D18M3eQpuUAEtChVfLoKkcHLpqS_QflOYinjgh_AbLLKtSg-jjyHBOySLkdFZqK6VX1tguOFjNrx1c4lCXV62UgwsU74GUky7UdIngziZ7izGusKbP8e0wOuplq_/s400/91009.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5379941986350698562" /></a><br /><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div></div>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1325562478910773152.post-9825302295584460922009-09-09T15:05:00.004-04:002009-09-09T15:11:13.855-04:00Wednesday's trade<div><span class="Apple-style-span" style="font-family:verdana;">Just one trade today: ITW long. Price broke above the :15 OR then came back down nicely and printed a strong bar at the 5ema. Entered long on a break of the 10:35 bar high (:05) and exited just below $44. Textbook, pullback trade with very little stress.</span></div><div><br /></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgkhS5hETKgPZaGQ0-mlxiuABTQCIEz1HG5Iuwj7CPeRsEyJvdkQS7AC4f1FMxvbYCVNkLcsYGRPjgoxtLd0pqHnAIr8Cf1y6IjFOQU5hwVc-11-E3UJco7LK3n_w3-66VBt80EqtiCQj4/s1600-h/Chart+of+ITW.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgkhS5hETKgPZaGQ0-mlxiuABTQCIEz1HG5Iuwj7CPeRsEyJvdkQS7AC4f1FMxvbYCVNkLcsYGRPjgoxtLd0pqHnAIr8Cf1y6IjFOQU5hwVc-11-E3UJco7LK3n_w3-66VBt80EqtiCQj4/s400/Chart+of+ITW.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5379546538446607202" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0Y9n1K88NncX4efLcYXCka5p7vhil_YycGrx6b6HUzO49NjcJuPPqkQXNLnLwBeLXZIPXOYC1pDHHg1XAwugBAMfK726txPCFe9l_QQ5e05nqv6Yzg_WXoa85ugbXZNW7zLc6-WzVJfxE/s1600-h/90909.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 119px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0Y9n1K88NncX4efLcYXCka5p7vhil_YycGrx6b6HUzO49NjcJuPPqkQXNLnLwBeLXZIPXOYC1pDHHg1XAwugBAMfK726txPCFe9l_QQ5e05nqv6Yzg_WXoa85ugbXZNW7zLc6-WzVJfxE/s400/90909.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5379546535172085602" /></a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1325562478910773152.post-58915997701509310052009-09-08T15:24:00.003-04:002009-09-08T15:31:07.426-04:00Chop, chop, chop<span class="Apple-style-span" style="font-family:verdana;">Here's how I know today was very choppy: I entered 6 trades, 1 made money, 3 were BE and 2 lost money. However, in the end, I was down less than 1R. Go figure.</span><div><span class="Apple-style-span" style="font-family:verdana;">I was actually up a good amount early on and debated whether I should just cash in. But - as is always the case - I tried to wait it out... wait for the right signal and that ended up costing me cash. But I think that strategy will end up making me much more money than it loses.</span></div><div><span class="Apple-style-span" style="font-family:verdana;">Trades (all long): ATI (gain), MAS (BE), TC (BE), NIHD (loss), MTL (one BE and one loss).</span></div><div><span class="Apple-style-span" style="font-family:verdana;">Hope you all did better.</span></div>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1325562478910773152.post-83844375189516087112009-09-02T16:52:00.002-04:002009-09-02T17:02:40.628-04:00Wednesday's trades<span class="Apple-style-span" style="font-family:verdana;">Ever type a word and look at and think "that totally doesn't look right" but it's spelled correctly. Well, the word 'Wednesday' did that to me right now. You can have the last 15 seconds of your life back soon enough.</span><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Today was a little bit of yesterday but not as bad. I was quickly killing stocks from my WL but managed to spot a nice winner in ABX and a loser in MTL.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">ABX burst above the :15 OR but then came back down and printed a nice strong cande right at the ORH. The stocked traded beautifully and hit the fib. ext. in no time. I kinda screwed up and oversold at the fib. ext but then realized my mistake and quickly bought back the shares.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">MTL was a nice setup with an unforunate result. Missed a good setup in PAY that I didn't want to chase... nice unrealized return :) Decent money today and a profitable week which should make us all happy. I will be off to London tomorrow for a few days and will be back to trading on Tuesday. Let's hope we see some nice action next week.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">Oh... and if you haven't already gone to my twitter page, please do so:<span class="Apple-style-span" style="color:#FFCC66;"><a href="http://www.twitter.com/oonr7">twitter.com/oonr7</a></span></span></div><div><span class="Apple-style-span" style="font-family:verdana;">I've been adding more than a few followers and actually had some back and forth comments which helped break up the routine.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><span class="Apple-style-span" style="font-family: verdana; ">Have a great week and weekend. Charts and proof of performance below.</span><div><span class="Apple-style-span" style="font-family: verdana; "></span><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEggheVpFjMbgxhlevStgXnpMEp6LqhJ_snXoKHectmstnEF_Mpp_Ytutj7I9gO1DYf39ayDosdjWEr09M6kQ6NMgiHa3REX-tIz4w7A6n0znlAV1rs_hEQw06d90JyoKeTKn_izZhNktbAt/s1600-h/Chart+of+ABX.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 311px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEggheVpFjMbgxhlevStgXnpMEp6LqhJ_snXoKHectmstnEF_Mpp_Ytutj7I9gO1DYf39ayDosdjWEr09M6kQ6NMgiHa3REX-tIz4w7A6n0znlAV1rs_hEQw06d90JyoKeTKn_izZhNktbAt/s400/Chart+of+ABX.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5376978329091091970" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizNRQjODHYNkuQKngtmH156PWxUFKRyi3ZBQYSBd4MiFAUNX5cOygAIxJRjCF7GZXO3laggbpKTXAjoLgoj7y2_JNZse43gVaCuMgaVpk67uKlIfXG0t6bSXhooD4EygXC2qymFbK3dW_Z/s1600-h/Chart+of+MTL.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 311px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizNRQjODHYNkuQKngtmH156PWxUFKRyi3ZBQYSBd4MiFAUNX5cOygAIxJRjCF7GZXO3laggbpKTXAjoLgoj7y2_JNZse43gVaCuMgaVpk67uKlIfXG0t6bSXhooD4EygXC2qymFbK3dW_Z/s400/Chart+of+MTL.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5376978327679028594" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_mHwMDYE2Mwsx5lVYXi8tVHfOPTaMYu0Vfa56-cOHDsYUKumOzz4dLHy6_Ssn7qHdSw-DbJTo_JmUDMLijHNessbmEbrIutkLJp76t10V0ztqgv0_uSCah9aAA6QxoCNUW3LxLutVTJQp/s1600-h/90209.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 235px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg_mHwMDYE2Mwsx5lVYXi8tVHfOPTaMYu0Vfa56-cOHDsYUKumOzz4dLHy6_Ssn7qHdSw-DbJTo_JmUDMLijHNessbmEbrIutkLJp76t10V0ztqgv0_uSCah9aAA6QxoCNUW3LxLutVTJQp/s400/90209.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5376978322138086402" /></a><br /><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div>Unknownnoreply@blogger.com3tag:blogger.com,1999:blog-1325562478910773152.post-33229549077675770712009-09-01T13:08:00.002-04:002009-09-01T13:13:00.841-04:00Short day<span class="Apple-style-span" style="font-family:verdana;">There really were no opportunities today for me. Well, maybe a small window to make some quick money on RIMM, but had I entered that position I almost certainly would've lost money on half my shares.</span><div><span class="Apple-style-span" style="font-family:verdana;">Today was also my first full day of <span class="Apple-style-span" style="color:#FFCC66;"><a href="http://www.twitter.com/oonr7">twittering</a></span>. To myself. By myself. For absolutely no one to see. Okay... there are a few followers (thanks mom, thanks bro). </span></div><div><span class="Apple-style-span" style="font-family:verdana;">Again, if you're on the twittersphere, be sure to drop by my twitter page. I could use the company :)</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><span class="Apple-style-span" style="color:#FFCC66;"><a href="http://www.twitter.com/oonr7">twitter.com/oonr7</a></span></span></div>Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1325562478910773152.post-15880127638595671542009-08-31T15:34:00.009-04:002009-09-01T10:40:21.667-04:00Back on<span class="Apple-style-span" style="color:#FFCC66;"><span class="Apple-style-span" style="font-family:verdana;">EDIT:</span></span><span class="Apple-style-span" style="font-family:verdana;"> In case you hadn't figured it out already, you need to type in OO (as in the letters, not the numbers) to get my twitter username: <span class="Apple-style-span" style="color:#FFCC66;"><a href="http://twitter.com/oonr7">oonr7</a></span>. Sorry for the confusion.</span><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><span class="Apple-style-span" style="font-family:verdana;">Vacation's actually been over for me for just over a week now. However, due to jet lag and two little kids running around, I've had little time to post. Trading's been pretty good through the summer which is encouraging considering the typical summer action I've been used to.</span><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">On a personal side, I am going to get more involved in the whole social media scene as I feel like I've been pretty lax about it. I'm not used to playing catch up when it comes to online activity... especially since I worked for an online news site for over 5 years (and I definitely have time on my hands). So, I've started up my old, personal twitter account that I opened about 18 months ago (I had good intentions) and I created a new twitter account for OONR7. You can find me at twitter.com/oonr7</span></div><div><span class="Apple-style-span" style="font-family:verdana;">I hope all of you will follow me so I can have the incentive to get it going. I'm hoping for some good feedback and will be another foray into a live trading-like atmosphere. Let's see how it goes. I will continue to post here, but I'm just not sure if it will be every day or just the best of the best setups. Time will tell. So long as your RSS feed is working, you'll have nothing to worry about.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><span class="Apple-style-span" style=" ;font-family:verdana;">As for today, I had one nice trade with BHI and another in NE which never really materialized. But I'll take the results.<br /><br /></span><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhJVxNiEdBAQyBEtgFv5V1NusVp9Qh4oWX8zPkr7-bwvX1lgpePlG1R4_faIio2UCVmDJNgghwwQqdhr3iQEOTuXGfFqnCwd5uLkFVGqIn1KWdzwAn_W0kpHkiZ7XEoyP55RqRvMzGD-Aw/s1600-h/Chart+of+BHI.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhJVxNiEdBAQyBEtgFv5V1NusVp9Qh4oWX8zPkr7-bwvX1lgpePlG1R4_faIio2UCVmDJNgghwwQqdhr3iQEOTuXGfFqnCwd5uLkFVGqIn1KWdzwAn_W0kpHkiZ7XEoyP55RqRvMzGD-Aw/s400/Chart+of+BHI.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5376216412815713042" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivOe87mP4TtfoenMNrUArLCm-AHeCLL_eV-4o7UxjmR6POoc2YJgHonBI6M_X9Jndd9_l6fWa4bDN8W52jJDei8chtFiYSlUSWZbt2OjnHy4D8ctAwQHKO9sBiEUJK7ZTbg8Sl9koQKKEY/s1600-h/Chart+of+NE.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivOe87mP4TtfoenMNrUArLCm-AHeCLL_eV-4o7UxjmR6POoc2YJgHonBI6M_X9Jndd9_l6fWa4bDN8W52jJDei8chtFiYSlUSWZbt2OjnHy4D8ctAwQHKO9sBiEUJK7ZTbg8Sl9koQKKEY/s400/Chart+of+NE.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5376216408985049474" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA8cwOyCW9FJNi5x0-5fg_JMSaHC8sPmR2pZ4CVFVao_OHHzWjKkIHjXAkdXmnZwBzmqLDB7IZqENC1nukTDHM0N1DN06At-OiGIa-aOHVfS7_5FFzgB7m0mvR8BIkzXZsX82oowdtwLiD/s1600-h/83109.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 176px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiA8cwOyCW9FJNi5x0-5fg_JMSaHC8sPmR2pZ4CVFVao_OHHzWjKkIHjXAkdXmnZwBzmqLDB7IZqENC1nukTDHM0N1DN06At-OiGIa-aOHVfS7_5FFzgB7m0mvR8BIkzXZsX82oowdtwLiD/s400/83109.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5376216403570084898" /></a><br /><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div>Unknownnoreply@blogger.com5tag:blogger.com,1999:blog-1325562478910773152.post-19758108199766465422009-08-12T17:30:00.005-04:002009-08-12T17:35:19.787-04:00Wednesday's trades<div><span class="Apple-style-span" style=" ;font-family:verdana;">I was 1 for 3 today with my one winner bringing me slightly above profitability for the day. All happened within the same time span but only one proved to be textbook... ADCT below:<br /><br /></span></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixX8uG5ZHMGXsPH-XUUrc8aeezxRLYPTvcY7OSd46mq5fXO9MTMQdxV0BupzE-NedqkobHoMm9bl9Bj-hLtqOHl6enCvs1MyO0Q7bTRUCrNIUL32YUj1uxhMiYRg7bdd6FYyCJCN_d8a8p/s1600-h/Chart+of+ADCT.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixX8uG5ZHMGXsPH-XUUrc8aeezxRLYPTvcY7OSd46mq5fXO9MTMQdxV0BupzE-NedqkobHoMm9bl9Bj-hLtqOHl6enCvs1MyO0Q7bTRUCrNIUL32YUj1uxhMiYRg7bdd6FYyCJCN_d8a8p/s400/Chart+of+ADCT.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5369193584794549922" /></a><br /><span class="Apple-style-span" style="font-family:verdana;"><br /></span><div><span class="Apple-style-span" style="font-family:verdana;">Couldn't take a screenshot of my trade log so you'll need to take my word that I didn't have a wildly profitable day :)</span></div>Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-1325562478910773152.post-46568317064902623542009-08-10T13:52:00.005-04:002009-08-10T14:01:25.850-04:00Monday's trades<div><span class="Apple-style-span" style="font-family:verdana;">Still on vacation mode but I have managed to get in a few trades. Today I had a very nice trade in RIMM. My entry was right below the ORL (:15) and the exit was very near the fib. ext. Although, if I had used Tyler's </span><a href="http://amibald.com/2009/07/070609-rrc.html"><span class="Apple-style-span" style="color:#FFCC66;"><span class="Apple-style-span" style="font-family:verdana;">34% fib. ext suggestion</span></span></a><span class="Apple-style-span" style="font-family:verdana;">, this would've been a perfectly executed trade :)</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><span class="Apple-style-span" style=" ;font-family:verdana;">Got stopped out of MPS long, but the RIMM profit more than picked up the slack.</span><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style=" ;font-family:verdana;">FYI: There's some douch anon poster that keeps sending Chinese comments. Must be a virus or something. In any case, I swictched comments to OpenID. That will eliminate anon postings, but I know some of you also don't have OpenIDs. Sorry about that. I hope to weed out the douche comments and then ultimately have a moderation-free comments section. </span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style=" ;font-family:verdana;">Hope you all are enjoying the summer.<br /><br /></span><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4Wqn1LKjzVESt81qHtcw-oHm_J7DRwTy3227aXjKu12BL0z0v_gx_VtWbF9JRFAuXpXKT0wXzhBlqVm5OlV6a_jZuUEboKLeetwChtUfU1f-IdZshTQ2lIAbTs5Ol2lXnmVUv_MKcCTzf/s1600-h/Chart+of+RIMM+810.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4Wqn1LKjzVESt81qHtcw-oHm_J7DRwTy3227aXjKu12BL0z0v_gx_VtWbF9JRFAuXpXKT0wXzhBlqVm5OlV6a_jZuUEboKLeetwChtUfU1f-IdZshTQ2lIAbTs5Ol2lXnmVUv_MKcCTzf/s400/Chart+of+RIMM+810.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5368396201351283538" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfNd-prpsEI5njIThK62MAJpDvx3rGp0TSHsSvg-YGp2UN7dQw6wZ6o3ZkXfzuRIXf_OeV8C-9-6NzwVu4JP53L4Z7Vj-iPeWLnM8g66jSi_RtEtZ56nhh1Ctu7u9dRZ_ue0KtDAOJluNX/s1600-h/81009.png" style="text-decoration: none;"><img style="cursor:pointer; cursor:hand;width: 400px; height: 125px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfNd-prpsEI5njIThK62MAJpDvx3rGp0TSHsSvg-YGp2UN7dQw6wZ6o3ZkXfzuRIXf_OeV8C-9-6NzwVu4JP53L4Z7Vj-iPeWLnM8g66jSi_RtEtZ56nhh1Ctu7u9dRZ_ue0KtDAOJluNX/s400/81009.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5368396193474618226" /></a><div><br /></div></div>Unknownnoreply@blogger.com3tag:blogger.com,1999:blog-1325562478910773152.post-8137429592056724882009-07-20T14:39:00.003-04:002009-07-20T14:43:36.412-04:00Vacation mode<div><span class="Apple-style-span" style="font-family:verdana;">Well... more like summer mode. There's always stuff to do around here and trading just happens at the worst time of the day for me (3:30pm). And, I'll be heading back to the US at the end of this week for close to a month.</span></div><div><span class="Apple-style-span" style="font-family:verdana;">I plan to trade on vacation whenever I feel like it. So, if I put together a healthy WL... I'll trade, if not - off to the beach or pool.</span></div><div><span class="Apple-style-span" style="font-family:verdana;">As for today - not so great. INFN, TEX, LFC, CBS and IBN... all losses but a lot were on reduced shares. I had been feeling pretty good about my trading too :)</span></div>Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-1325562478910773152.post-56259540011791585492009-07-16T15:21:00.003-04:002009-07-16T15:23:58.938-04:00Thursday's trade<span class="Apple-style-span" style="font-family:verdana;">Tough trading. Shorted SGMS and was stopped out. Made some money back with JRCC (although that was pretty choppy too). Looking like a zero sum week with one day left :)</span>Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1325562478910773152.post-64317413737698689322009-07-16T09:24:00.003-04:002009-07-16T09:39:31.383-04:00Goldman Sachs is evil<span class="Apple-style-span" style="font-family:verdana;">Just read an eye-opening <span class="Apple-style-span" style="color:#FFCC66;"><a href="http://www.rollingstone.com/politics/story/29127316/the_great_american_bubble_machine"><span class="Apple-style-span" style="color:#FFCC66;">article</span></a> </span>from Rolling Stone. As an American, I can't feel anything more than a sense of hopelessness. GS essentially controls the US. How? Just look at all of the former GS employees in high government positions, their lobbying, and the fact that no one would be able to even take down GS without the fear of complete, financial collapse. My biggest diappointment was reading how Bob Rubin was so instrumental in the Internet Bust and the mortgage crisis.</span><div><span class="Apple-style-span" style="font-family:verdana;">It's also appalling how self-serving GS is and how the US has lost the meaning of 'for the people'. </span></div>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1325562478910773152.post-74070574267205771552009-07-15T16:55:00.002-04:002009-07-15T17:02:46.947-04:00Wednesday's trades<div><span class="Apple-style-span" style="font-family:verdana;">Sorry for the rushed post, but time is in short supply lately. Took 4 trades, 2 wins, 1 loss and 1 BE. Attached are the charts - no time for descriptions.</span><br /><br /></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfQAjW2s8yDYoVMDQhiFr7AJ03ZLMmNmwzbLY55JnMb3ag20BfyXBkh_mN6V3BM_oIDW2xeJMj2MjMgVsyPTaUppLMNZsedsYxeTHsR9u_DEnDwcVEvNWaipOkYEy9eprenuqBUirX3SqS/s1600-h/Chart+of+X.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjfQAjW2s8yDYoVMDQhiFr7AJ03ZLMmNmwzbLY55JnMb3ag20BfyXBkh_mN6V3BM_oIDW2xeJMj2MjMgVsyPTaUppLMNZsedsYxeTHsR9u_DEnDwcVEvNWaipOkYEy9eprenuqBUirX3SqS/s400/Chart+of+X.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5358795058762465026" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsRRFwP7Qc4hHJPo88JijW_oTd81bSkLrVFz9g0V04fiDQFfXSm-IINeW0Wjeec61KKNbKtvWruubDsoSMJo4eTmaHji24ifxiLAHGZ72fkva-1rbH12fU25dYGkMTz1QzKi_rAFh7CzPp/s1600-h/Chart+of+GNK.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsRRFwP7Qc4hHJPo88JijW_oTd81bSkLrVFz9g0V04fiDQFfXSm-IINeW0Wjeec61KKNbKtvWruubDsoSMJo4eTmaHji24ifxiLAHGZ72fkva-1rbH12fU25dYGkMTz1QzKi_rAFh7CzPp/s400/Chart+of+GNK.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5358795042987618434" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjox_j7aES-nzzkoiRwa0RllVPDqDZdEfi1-2T4Cjus8edqTg74YN975gE-tOFv38Mhpwu9iVAdI93FmSHwyHTGG3NuK2H1DAYY_PmUumLM8Qs5Ye7Z9MQCn4RVJ3ZZeDyWJIGxJBK0v2tY/s1600-h/Chart+of+CLF+715.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjox_j7aES-nzzkoiRwa0RllVPDqDZdEfi1-2T4Cjus8edqTg74YN975gE-tOFv38Mhpwu9iVAdI93FmSHwyHTGG3NuK2H1DAYY_PmUumLM8Qs5Ye7Z9MQCn4RVJ3ZZeDyWJIGxJBK0v2tY/s400/Chart+of+CLF+715.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5358795026269692274" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2K1MzkcfuKXwRsDLyqwNiSRUgEhqkeEX8t_2txa28a5UZdoH1ge-0NJnNkfafChVWXAr18_62mTwPWOn5Sc58OFNt95hYThtSfm4ejxWmn7L1J56WR64WW0Re6XySJqH8U4quA6S4e0B_/s1600-h/Chart+of+CHK.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg2K1MzkcfuKXwRsDLyqwNiSRUgEhqkeEX8t_2txa28a5UZdoH1ge-0NJnNkfafChVWXAr18_62mTwPWOn5Sc58OFNt95hYThtSfm4ejxWmn7L1J56WR64WW0Re6XySJqH8U4quA6S4e0B_/s400/Chart+of+CHK.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5358795015025402978" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYEUX7exCwo8lyTL_0pW586Gr8BvHCBEgH10lj4znT9ISlA2SaEtn2Pjcq-ctBmXW7X2b9jKmU4XSL05al-E3pi5y2iyckM2SKaoTrndXgbxP7SZaLEtRM7EQnYALo3rwjTzZGwIOo6-57/s1600-h/71409.png" style="text-decoration: none;"><img style="cursor:pointer; cursor:hand;width: 400px; height: 201px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgYEUX7exCwo8lyTL_0pW586Gr8BvHCBEgH10lj4znT9ISlA2SaEtn2Pjcq-ctBmXW7X2b9jKmU4XSL05al-E3pi5y2iyckM2SKaoTrndXgbxP7SZaLEtRM7EQnYALo3rwjTzZGwIOo6-57/s400/71409.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5358794998526770450" /></a>Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-1325562478910773152.post-29625298272337757502009-07-13T14:43:00.003-04:002009-07-13T15:17:42.748-04:00Monday's trades<div><span class="Apple-style-span" style="font-family:verdana;">The day's over and I'm none too pleased. Once again, passed on some good opportunities in ADY and MS... especially MS. Entered a couple of losers: AIG and CHU. Got stopped out on both. </span></div><div><span class="Apple-style-span" style="font-family:verdana;">Just hope there will be other good opportunities during the week. I've noticed in the past few weeks that I only get a good couple of days during the week to make my money.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">EDIT: Just noticed <a href="http://spiderscantool.blogspot.com/#2082319839534586078"><span class="Apple-style-span" style="color:#FFCC66;">SpiderScan</span></a> is coming out with a new version. Seems like Greytrader has been working overtime. Looking forward to the <a href="http://spiderscantool.blogspot.com/#2082319839534586078"><span class="Apple-style-span" style="color:#FFCC66;">new scans</span></a>.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><br /></div>Unknownnoreply@blogger.com3tag:blogger.com,1999:blog-1325562478910773152.post-14312279792178055162009-07-10T13:45:00.003-04:002009-07-10T14:30:35.767-04:00Friday's trades<div><div><span class="Apple-style-span" style="font-family:verdana;">I started off the day well with a short of PSMT off a break of the 10:30 bar low (:05). It was good for about 1R worth of profit. I saw some good, but not great, setups in SGR and RSX and decided to cut my risk in half and go for it. They were both busts: SGR (short 12:10, :10) and RSX (short 11:50, :10). Both were very narrow entries so reducing my risk meant I was risking very little.</span></div><div><span class="Apple-style-span" style="font-family:verdana;">All in all, I still ended the day positive but the week was very disappointing (although positive).</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">PSMT is about the best looking chart of them all so that's what I'll post:<br /><br /></span></div></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgVlyZkNemSJyM-K1fGy4R2U6VgVkDb_gRPeYONVfFprSnp8HjJTIN6xXnWcu8AMndVTGqGal7SPSkpRky7jMSMKnYCuGm2CWPCTnZBWQqzllctVzB8A6RB6Mocvm1Jfm8Wot0iC7wXuL0h/s1600-h/Chart+of+PSMT.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgVlyZkNemSJyM-K1fGy4R2U6VgVkDb_gRPeYONVfFprSnp8HjJTIN6xXnWcu8AMndVTGqGal7SPSkpRky7jMSMKnYCuGm2CWPCTnZBWQqzllctVzB8A6RB6Mocvm1Jfm8Wot0iC7wXuL0h/s400/Chart+of+PSMT.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356900381901054930" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrNPWb7K3ORY6CBsFDovlbwkaroNS4uIypkgwpNjwIDAydx5yLBNGCtgcoV8hHyG-DyJl8pC6P9dZQtHbMNqkedzfcg1ZdbzoS4FiG_ZOnR5X0Inf0zT39jslSixoaM8NfYi4o7PVYpepv/s1600-h/71009.png" style="text-decoration: none;"><img style="cursor:pointer; cursor:hand;width: 400px; height: 159px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhrNPWb7K3ORY6CBsFDovlbwkaroNS4uIypkgwpNjwIDAydx5yLBNGCtgcoV8hHyG-DyJl8pC6P9dZQtHbMNqkedzfcg1ZdbzoS4FiG_ZOnR5X0Inf0zT39jslSixoaM8NfYi4o7PVYpepv/s400/71009.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356900377667872658" /></a>Unknownnoreply@blogger.com6tag:blogger.com,1999:blog-1325562478910773152.post-27268837946967871212009-07-09T15:28:00.005-04:002009-07-09T15:42:37.557-04:00Thursday's trade<div><span class="Apple-style-span" style="font-family:verdana;">Someone asked yesterday whether I considered proximity to a round number before entering a trade. I said yes, depending on the chart setup. My trade today with FLR is a good example. I entered long off a break of the 11:30 bar high. My entry was $47.99 but if you look at the chart, you'll see that it was a strong candle that formed right at the ORH and price action was very much in an upward trend. To me, it was a strong looking stock - regardless of the round number.</span><div><span class="Apple-style-span" style="font-family:verdana;"><br />Now, after making an initial move... price became very choppy and I exited the trade with money in the bank. It continued to move where I wanted it to - just below the fib. ext.<br /><br />Also, if you haven't checked out <a href="http://spiderscantool.blogspot.com/"><span class="Apple-style-span" style="color:#FFCC66;">SpiderScan</span></a>... do yourself a favor and do it now.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWuFMcbaaNYe9yRs2FAv7dC5felYZFBdcUpXw1P2ItWkDtNAUoIgpVIZ5xIGgKnvecOuyMb6geVf-caqNNcCnc1hdE7tilr4H08dG8B15tBiL-ztlJtuz2DgLTvCXzP6SEGe7d2OJd2e5s/s1600-h/Chart+of+FLR.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWuFMcbaaNYe9yRs2FAv7dC5felYZFBdcUpXw1P2ItWkDtNAUoIgpVIZ5xIGgKnvecOuyMb6geVf-caqNNcCnc1hdE7tilr4H08dG8B15tBiL-ztlJtuz2DgLTvCXzP6SEGe7d2OJd2e5s/s400/Chart+of+FLR.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356547409260062626" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOprrrWPgsQaPuJbfLtSBPPjNbzBoJgrgo7ASbN66pcH2IurDG0P9xFt9v9z-fH1CxU-l11h3JrXJv87wkte0wtlcIS9gNX-4dI7ojvXBizkgFovrj2k8yrxCyaA1FTzY4DH8U_NdkEg5j/s1600-h/70909.png" style="text-decoration: none;"><img style="cursor:pointer; cursor:hand;width: 400px; height: 147px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOprrrWPgsQaPuJbfLtSBPPjNbzBoJgrgo7ASbN66pcH2IurDG0P9xFt9v9z-fH1CxU-l11h3JrXJv87wkte0wtlcIS9gNX-4dI7ojvXBizkgFovrj2k8yrxCyaA1FTzY4DH8U_NdkEg5j/s400/70909.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356547406590949410" /></a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1325562478910773152.post-18751660759459941272009-07-08T14:59:00.003-04:002009-07-08T15:08:21.260-04:00Wednesday's trades<div><span class="Apple-style-span" style="font-family:verdana;">Had some decent moves after starting the day with a loser. You know, it always seems my first trade is a loser. Anyway, shorted HOT, IBN and SLT. HOT went cold real fast and stopped me out. Not the greatest of setups (9/5) but worth a shot.<br /><br />SLT presented a nice inverted hammer at the ORL which was hard to resist. Just didn't have the move in it. Made some profit and then revised my stop later.</span><div><span class="Apple-style-span" style="font-family: verdana; "><br />IBN made a nice move after shorting on a break of the 10:50 bar low (:05). I partialed above the fib. ext. and wanted to see what the rest would do. Well, the rest started riding back up and I exited the rest pretty much at the fib. ext.</span></div><div><span class="Apple-style-span" style="font-family:verdana;"><br /></span></div><div><span class="Apple-style-span" style="font-family:verdana;">A solid day but I'm thinking there may be very few of these as we move further into the summer doldrums. Just need to be patient.<br /><br /></span></div></div><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7qiTIp3wLzIP9bUZFvS0fpG2AAVew_Vgw5yaTdvTqx21307bnZfOgNzAeEDRNki8y0a2HbIUoCcbIe7OrDD3JRa1_1oAfil_4FcCO9UzI0Y-HQa027lVs9bmQKulM5na_OuXcyhEvFvbj/s1600-h/Chart+of+IBN.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj7qiTIp3wLzIP9bUZFvS0fpG2AAVew_Vgw5yaTdvTqx21307bnZfOgNzAeEDRNki8y0a2HbIUoCcbIe7OrDD3JRa1_1oAfil_4FcCO9UzI0Y-HQa027lVs9bmQKulM5na_OuXcyhEvFvbj/s400/Chart+of+IBN.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356167902939795058" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5H5DYwACUsGuKNbYopGD1LpIXkr69lHz4jV5NNmeCERhGXUImUwoVwTnUPCb5o2hQBU0FcYYW3szxVRu14PZB5QWIGj0EuGnhWYoVzHEXXBMPhT50Eh1srCOdydrq_nz_Ppm9c7j1xSf-/s1600-h/Chart+of+SLT.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5H5DYwACUsGuKNbYopGD1LpIXkr69lHz4jV5NNmeCERhGXUImUwoVwTnUPCb5o2hQBU0FcYYW3szxVRu14PZB5QWIGj0EuGnhWYoVzHEXXBMPhT50Eh1srCOdydrq_nz_Ppm9c7j1xSf-/s400/Chart+of+SLT.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356167898465655714" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnNqhYfn66qgD-2m-8rpE8vf60m7N0AhdBTZUoD7vS461eri33uQYpNzqve3Fl8PzFXAK44bhDUOEAV1sBLpyu-EnuH1_rpfrexbNQjrRSQSvVrL9zm2Y8UcRPGKqGAvuw2c-Uw4SUJ9IN/s1600-h/Chart+of+HOT.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 238px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnNqhYfn66qgD-2m-8rpE8vf60m7N0AhdBTZUoD7vS461eri33uQYpNzqve3Fl8PzFXAK44bhDUOEAV1sBLpyu-EnuH1_rpfrexbNQjrRSQSvVrL9zm2Y8UcRPGKqGAvuw2c-Uw4SUJ9IN/s400/Chart+of+HOT.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356167893675846690" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ395VDCJiLvTNNOb-Zg5skO6ZivUm6CIbmXnrXTqBtC60MMELt9SNXNRDwpgIhlFNeK4NhyD-HG1n6XxYQhxquZTyO9kB6sc8DM4Bl8RBVikvOxkKm8r3iLLevNysbiFveZmsn10nExv5/s1600-h/70809.png"><img style="cursor:pointer; cursor:hand;width: 400px; height: 197px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ395VDCJiLvTNNOb-Zg5skO6ZivUm6CIbmXnrXTqBtC60MMELt9SNXNRDwpgIhlFNeK4NhyD-HG1n6XxYQhxquZTyO9kB6sc8DM4Bl8RBVikvOxkKm8r3iLLevNysbiFveZmsn10nExv5/s400/70809.png" border="0" alt="" id="BLOGGER_PHOTO_ID_5356167892661340050" /></a><br /><span class="Apple-style-span" style="font-family:verdana;"><br /></span>Unknownnoreply@blogger.com4