Short triggerd at 7920 Initial stop 7970
Sell limit 7920 Initial stop 7970 Risk 50 points
Summary for this week ================ Day 1 -20 Day 2 0 Day 3 -60 Day 4 +60 ------------- Total -20 points
Stopped out for 60 points profit (canceled limit buy)
Move stop down to 8010 looking in 60 points Profit target buy limit at 7960
Buy closing at 7960 Hard stop remains at 8060
Move stop to 8060 Locking in 10 points profit
Filled at 8070 Move stop to 8080 Risk 10 Points
Sell Limit 8070 Initial stop 8110 Risk 40 points
Stopped out at 8150 -60 points
8210 filled inital stop at 8150
I think a go long is at 8210
chart attached..
long at 8210 inital stop 8150
Fading 50 point moves would have worked well today. Chart with 'trades' attached.
Trade 1 -40 Trade 2 +45,53 I will round trade 2 down to +40 Total day 2 is +-0 points. Since I was down 20 points yesterday the point...
Dow Close is 8375.53 Profit 45.5 points
Long postion from 8330 Stop at 8290 or at close if stop is not hit
Change to Up 8330 Initial stop 8290
change to UP at 8360 Initial stop 8310
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