Friday, June 18, 2010

















shorted lows. i was trying my hardest not to pay attention to the stock so i didn't close out the stop or exit early. that is why i didn't see that hammer. also, i was never in the money enough to care at that point. it wasn't worth closing the position. it retraced, and as it came back through my entry price i doubled up. closed it as the market was feeling so slow. good timing. but i believe a better exit would have been on that second green bar after the final red.



































i shorted an alert i had set up for the low. i doubled up as it broke through, and then it went crazy after that. i guess it was a bull flag.

















correct entry would have been as it broke previous hammer bar high. had i been short at this point, that would have been the exit, so also needs to be the entry. but, it is an okay trade. i would take it again. i am going to have the ability next week to short QLD as well, i have to pay extra, but i think it will be good for me.

































i saw this low but didn't short it. i don't know why, no confidence most likely.

















wow, up down,up,down,up,down. i saw that first up move but i didn't participate. the wick was too far away to put on a position, but realizing now, it would have been worth it to get short on the second red bar with a stop at the higher red bar.
















set an alert at the bottom of the range. i thought i could get a jump on the fade move back to 17. didn't work out.

not much to say. i did hold some trades for longer than usual which is a positive for me. even though i thought no money could be made today, after checking another blog, i could see there was. it is amazing, every time i think there is no way you can make money, i discover i am 100% incorrect. its refreshing to see that some traders are not angry or upset at the market every day. they just exist within it. they have no reason to feel resentment or joy from the market. for them it just is.

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