Yep, I know all this seems rather boring and repetitive. IMO, that's what good trading is all about. Forget all the bullshit indicators you're...
I went short this at $37.25.....trendline resistance & 200 MA. I've covered 1/2 with a trailing stop set above the 200 MA.
I've traded around this one several times over the past few months. Presently, I'm short at $49.90 and will cover 1/2 on the next push down. I'll...
Another short from a weekly chart that has worked well.......a BIGGGGG H&S pattern. I went short at $30.00 (neckline resistance). I covered 1/2 of...
I'm still short this at $40.75. Since the base doesn't suggest a breakout will sustain itself, I'm willing to give it some room and time. Targets...
I went short this at trendline resistance ($31.40). As I always do, I took profits on 1/2 of my position when it reached something I was...
Point wise, this is the best trade I've made since I've been here. As mentioned before, I felt it was in a H&S pattern so I took at small short at...
Like TEVA, I lost on this one too. However, the damage wasn't bad. I lost 55 cents. I went short at $20.50 (stick low resistance) and took the...
In keeping with the educational nature of this journal, I'm going to post the trades I've taken over the past couple of week that were initially...
nkhoi, Nice example. On another note, a valid broad requires 5 reversals.
Winston, Broad patterns occur when the tops exceed the previous tops only to pullback and consolidate and then peek out at resistance yet...
randynutts, I suspect your definition of getting hammered differs from mine. I did lose a little over 3 points, however, which is more than I...
Can't go without posting at least 1 long. I'll try this for a bounce over resistance....not much overhead. Caveat.....low volume.
I traded this for a loss the last time I took a position. I've redrawn the chart by adding in a broad pattern.....I'll explain later what they are...
I'm shorting any rally up to the 200 MA....anudder with gappage. Risk to the mid $50s.
Lots of gaps in this pig. I'll short at $32.00 - $32.25....smaller.....loose stop.....target $25.00
I've traded around this several times over the past few months. I'm shorting it as close to trendline resistance ($48.00) as possible with a 3/4 -...
I think I've posted this chart before but I'm not sure. First of all, BigCharts is showing some bad data here......I'm not seeing todays stick....
I've traded this before and it's a tough customer. I'm going to take a smaller short position between prior support & the 200 MA.....$21.15 - $22.00.
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