Galt's Gulch

Discussion in 'Journals' started by redbaron1981, Jul 6, 2015.

  1. That was a nice quick $0.50 for the first "real time" trade call of this journal :)
    #11     Jul 7, 2015
  2. Wow might have got out of that trade a little to early but then again no plan can account for exogenous events like we just had now. I am 1.5 bars away from a long signal which is too close to the close of the US session for my liking so this will be me for today.
    #12     Jul 7, 2015
  3. We have opened this morning very bearish and i am contemplating a short but will wait for the market to trade higher into the gap first.
    #13     Jul 8, 2015
  4. I will give the market around 5-10 minutes before shorting providing conditions remain the same.
    #14     Jul 8, 2015
  5. Just entered short @ 205.9 with a $0.50 stop
    #15     Jul 8, 2015
  6. Stop now at 206.28
    #16     Jul 8, 2015
  7. I have a limit to exit in at 205.44
    #17     Jul 8, 2015
  8. 100% position filled at 205.44 I would like to hold on for longer but the selling seems to be subsiding slightly. I do expect the market to trade lower but I am not as confident now as I was earlier on.
    #18     Jul 8, 2015
  9. I donĀ“t think that the conditions will be right for anymore trades today but will monitor accordingly. The market is acting like it has upside momentum in it so I am really looking forward to take a long somewhere but got to wait for the conditions to line up first but when everything does line up I think we could get quite a nice move to the upside. This will probably somehow align with the Greek situation being resolved. No complaints for today and I am quite happy with the trade I took and it felt right to get out where I did.
    #19     Jul 8, 2015
    samuel11 likes this.
  10. Long SPY @ 206.89
    #20     Jul 9, 2015