<img src="http://puddles.humanfund.ca/20100528/spy.png"> <img src="http://puddles.humanfund.ca/20100528/vvus-2min.png"> <img src="http://puddles.humanfund.ca/20100528/teva.png"> <img src="http://puddles.humanfund.ca/20100528/akam.png"> 9:49 LONG VVUS 12.59 STOP 12.44 TGT 12.89 (2minute chart above) - SPY opens weak and heads down - As SPY turns VVUS shows continued strength - Take over the higher low on the 2 minute chart - out +0.3 10:43 SHORT TEVA 54.8 STOP 54.95 TGT 54.5 - After 3 bars, SPY tried to retrace from it's opening selloff, TEVA did not participate - Geez and I were going to take the TEVA lower high around 10:30.. - I accidentally cancelled my entry and realized it too late to get any part of the trade - TEVA sets up again and I take it. - out -0.15 11:03 SHORT AKAM 39.59 STOP 39.69 TGT 39.49 - AKAM shows alot of relative weakness to SPY - short under the lower high. - out +0.2 2-1 for the day.. 5-3 for the week (only 2 days trading) 17-14-3 month (all posted in this journal) Just about a month ago Geez encouraged me to continue his journal with the goal of helping my trade selection and execution. The first month has definitely gone to plan. Thanks dude. http://puddles.humanfund.ca/wp/2010/05/29/2010-05-28-trades/
Puddles, - After 3 bars, SPY tried to retrace from itâs opening selloff, TEVA did not participate - Geez and I were going to take the TEVA lower high around 10:30.. - I accidentally cancelled my entry and realized it too late to get any part of the trade - TEVA sets up again and I take it. - out -0.15 * You could have said that Geez DIDN'T miss the first entry and nailed it! I also took the AKAM trade thanks to puddles and we both nailed it. Great trading! And awesome posts! I hope everyone realizes how stellar your trading has become. Not a single bad entry on any of the charts you posted all month. Thats the key. keep it up you crazy gleeker you.