Jun 10, 2009

No trades

A bit of a wish-washy start and then just boring action. Couldn't find any trades with a justifiable entry. Hope you all found some nice moves.

Jun 9, 2009

Tuesday's trades

As Tyler would say... 'Today was a good day'. Found a nice long setup in RS off a break of the 4th bar high (:10). Price moved and came back a bit but I was still in the trade with my full position after it found some resistance at the ORH. I was also eyeing the :15 chart later on and noticed a nice setup on a break of the 11am bar high so I added more shares (I'm starting to add to winning positions when I can). I was pretty loaded up and price proceeded to go north in a nice, orderly fashion. I scaled out near a $1 gain and the rest just below the fib. ext. It continued to rise but I was happy with my return (close to 7R).
Other than that, there wasn't much else for me to write about.


Jun 8, 2009

Monday's trades

Spotted a couple of reasonable entries on the short side but nothing came out of them. Another strange day. Shorted ACH and X.





Jun 4, 2009

Thursday's trades

Just not my day. Shorted SAP and ANF and got stopped out on both. No groove this week. Had some week-changing trades that I either missed or passed on Monday and the rest has been slop for me (except for RSX yesterday). Off tomorrow to the men's semi-final of the French Open so that's something to look forward to.

I'll probably have another Rise or Fall candidate over the weekend.

Jun 3, 2009

Wednesday's trades

Gotta say... wasn't holding out hope for today either as it started off fairly quietly for me. Shorted CHU (7/15) only to get stopped out. Then I shorted RSX (10/15) and managed to make a very nice profit. Exited a bunch of shares just above the fib. ext. and held out the rest to see if it would fall further (it did not). I also had an order in for AGU (10/10) but price kinda dropped quickly and the order was never filled.



Jun 2, 2009

No trades

Couldn't find anything I liked and the rest of my WL doesn't look promising. Calling it a day.

Jun 1, 2009

Monday's trades

Not a good start to June... but when do my months ever start out well??? Went long PWE, SOHU and BHP. Got stopped out of PWE and SOHU and managed to make cash back with BHP (and a little luck that my stop wasn't triggered). Enterted BHP on a break of the 11:30 bar high (:15) and after a nice gain - and trying to hold for me - I ended up selling for a relatively meager gain on a break of the 2:30 bar low.