Sunday, March 7, 2010

Thursday, March 4, 2010



































i shorted the retracement. it never hit my stop but i closed it after the market and FCX popped. the best part was, the pop was a fake out. i would have got my .50


















what a beast. i was short long, i didn't know what was going on.


















breaking highs.

















they stopped me out on the wick.

















trying to catch a pop as gs was going up. decided to just trade gs.

















related to tivo

















damn. gave this one a big crzy stop. i have no idea why. it didn't work out. later on in the day it did work.

Wednesday, March 3, 2010











different data feeds
















real tick chart















quotetracker with tdameritrade feed


lightspeed chart.
i was noticing today the differences in price on my charts. once chart says the low was .65 and the other will say the low was .62. if my stops are dependent on the low of the candle, that makes a big difference.




Tuesday, March 2, 2010

















i thought the market was going to pop. i bought this as well as fcx.


































chat room, breaking highs. i took my money and ran.

















i don't think charts get better than this. that was a beautiful 50% pullback, plus a nice doji. unfortunately, i wasnt in the office yet and i try not to trade before 10:30. though, i may change that to if i see a truly compelling chart i willl take the trade.


















bought it as i thought market was going to pop. took my money and ran when momo stalled. i tried to purchase again later on after a pullback but i got stopped out. when at it again after it made a beautiful hammer, but there was no follow through. then i went short but got stopped out there as well.

















phew. look at that son of a gun. 2 points in about 20 minutes. i tried shorting later in the day thinking it would head to lows. what goes up must come down.

















i bought the consolidation. got stopped out. this was a bad trade because i put my stop at a money loss level vs the correct technical level. if i would have waited and bought according to the correct technical level then i would have been okay. to further explain, i got in and put my stop around .44 because i didn't want to lose too much. but it really should have been at the bottom of the earlier hammer around .34.


















momo pushing up. no follow through.

Monday, March 1, 2010

















i wanted to buy the hammer but i chickened out. i thought it had gone too far already.


































i didn't wait for the green bar. i entered early and the stock stopped me out. had i just waited, the trade would have worked perfectly.


















broke opening range low. i thought, how far will this go. well, it went far enough to make a good day. i passed on it. stupid me

















it felt like the market was going to pop. but it never did.

















wow! this just went up and up and up. everytime i looked, i was waiting for a bigger pullback, but it never came. pretty impressive. just shows you, you never know how far it will go.