Wednesday, February 3, 2010

so close i can taste it




















































































i tried to short at the high of the consolidation range. it didn't work. it broke out, i got out. no big deal. reshorted as it came back down. it was stupid though because most of my focus was on this stock instead i should have been short FCX at the same time and i would have made some freakin bank.

















easy, popped up on the gap down scanner. highest relative volume out of all the gap downs. all you had to do was drawn the line, but i didn't. self sabatoge.






























another one on the gap down scanner. beautiful retracement. i didn't touch it until later in the day, stupid stupid stupid. i should have been all over it in the morning.
















hard this one. bull flagging all day. the only thing i would change about this trade is buying too high. i intended on averaging in up to .75 cents, but that is probably the stupid thing to do.















retracement. did not work.















trying to buy the breakout. i thought the market was going to move up. tight stop.
















i kept trying to buy the pullback thinking it was a long. obviously not. then i get into X short and don't concentrate on FCX. beautiful doji around 11:15 and then dump. i'm stuck in X for .50 cents and this thing drops like a rock. around 1130 i thought they would rip it off the lows but i guess not. i should have flipped the position but didn't.
















looked like a double top. started shorting it. took some profit then moved stop up to.81 instead of .01. had i left stop at .01 and added into it, it would have been nice trade.
















perfect trade. retracement, then kind of a u shape pattern and back to breaking the consolidation area. what else could you ask for. did not take it. neither the TM or RL. f*ck me. i see this money all around me. i know that it is mine for the taking if i just pay attention. the thing that occurs though, is tomorrow i will try all of them and none will work. then the next day i will be hesistant and a viscous cycle will occur. the past few weeks have seen unbelievable trading opportunities. i just need to learn to get a piece of them.

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