Traded...

without much success. Was it because of the FED announcement??? Who knows.

BWLD - Short (stopped out)
FEIC - Short (scratch)
FIC - Long (little cash)

Let's see what tomorrow brings.

CBG - Short

What caught my eye with CBG was the clear and orderly retracement to the 38.2% fib. level from yesterday's high that ran into the 5ema and printed a spinning top (indicating indecision) on the 6th bar. I entered short on the 7th bar low on a nice down bar and took it down to the ORL.

ODP - Short

I picked up a friend visiting from London today... had a great lunch and was coming home to start trading (while my wife played host). However, I completely forgot that Daylight Saving Time occurred this weekend over here and I would actually start working an hour earlier than normal. So, I was still able to get a decent watchlist together and found a nice opportunity in ODP (5-min):

• Priced gapped down, retraced 100%, then retraced again back to the ORH
• Entered short on a break of the 10:30 candle low after price ran into the 5ema and printed a nice bearish engulfing, marabuzo-ish candle on reduced volume right at the ORH
• Exited all my shares at the ORL

Also traded CMED for a loss (but it went in my favor at first - hate when that happens).

Hindsight trade - LAVA

While LAVA was on my watchlist, I believe I didn't trade it because I had the intraday fib. lines drawn and it was basing below the 50% level. However, when I drew the fib. lines from Thursday's low to Friday's ORH, you'll see price was actually basing at the 38% level. A perfect, low-risk entry presented itself at the 12pm bar on rising volume (a breakout signal). A .06 risk would've easily netted a .49 return if you exited at the ORH.

HITT - Long

Can I just say that I refuse to buy LEGO toys for anyone else's child because I know it's the father that has to put that shit together. Then, when the freakin' pieces start falling apart you have to be there to put it all back together again. Each finger-shredding piece was created by the devil himself.

On to today's trade. I really wanted to short ORCC but I didn't. Shame on me. I did short WMI for a few Cohibas worth and I went long HITT to end this crazy week on a high note. Here's the trade:

• Gap up with price immediately falling down but still within the 15-min OR
• Price proceeded to climb up and past the intraday 38% level then retrace back
• Entered long on a break of the 11:45 bar high which was an inverted hammer off a nice 2 bar retrace (on decreased volume I might add)
• My entry was right below R3 and I figured it would break through easily but I had my eye on it nonetheless
• Exited just above R4 (which was around the intraday fib. ext.)

Trading European exchanges

Anyone know information regarding trading on, say, the London Stock Exchange or other foreign exchanges? I already checked out the commission structure with IB and it's verrrrry pricey (29 euros for 1000 shares for example).
From a timing standpoint... trading the foreign exchanges would help me considerably. However, I'm not even sure if I could use Quotetracker (have an email to them) or what scanner I would use.

Any info you all can provide would be great. Thanks.

FFIV - Short

So, looks like my new 'work schedule' will go something like this:

Monday: Trade up till 11:15 and after 1pm
Tuesday: Trade after 11:15
Wednesday: Trade all day
Thursday: Trade up till 11:15 and after 1pm
Friday: Hoping to trade all day, but possibly after 11:15

My nanny quit on Monday and I've had to scramble to pick my kids from school this week. Then, they start a two week vacation on Monday (gotta love the French and all their time off). Finding a replacement nanny is not something we look forward to so we're trying to work this out.

On to today... but the time I had to leave my computer, I was only in FFIV. Here's the trade:

• Wide range opening bars with subsequent narrowing bars on lower volume
• Price stayed in the lower half of the 15-min OR
• Entered short on a break of the 5th bar low which was an inside NR7
• Had to leave by 11:15 so I placed a buy limit order at 35 along with my usual stop order. Just trying to protect profits while I'm away and capitalize on a move down if I wasn't there
• Everything worked out well and I walked away with a nice gain