MACD/Trendline Swing Trader

Discussion in 'Journals' started by retire45, Jan 26, 2008.

  1. Covered BAC.. will try mid 33's
     
    #601     Aug 15, 2008
  2. CSUN just had to puke at day's end... Fundamentals do matter every now and then...

    Good Week.... Ironically one of the lowest number of trade weeks all year... there is a lesson there...
     
    #602     Aug 15, 2008
  3. Bonpara

    Bonpara

    Getting back into the swing of things(no pun intended). Good to see mate.
     
    #603     Aug 18, 2008
  4. Thanks....

    Stopped out CSUN
    Sold JRCC 36.8

    SP Trendline from July broken today..

    Short UYG 20.3, VLO 32.75, WB 14.99

    Since I didn't get shorts on 1290 SP break these positions will possibly see red soon (to be endured)... THAT will be the true shorting op for next few weeks..
     
    #604     Aug 18, 2008
  5. Short JRCC 36
     
    #605     Aug 18, 2008
  6. Covered UYG, JRCC and WB for pennies... At minor support S&P and Dow.. Will find bounce to short.. possible S&P 1283 to 1287 area.. Hope no washout tomorrow..

    This is the problem with waiting for guarantees..
     
    #606     Aug 18, 2008
  7. Please tell me the bounce will be better than that
     
    #607     Aug 18, 2008
  8. Nice Work....keep it up.
     
    #608     Aug 18, 2008
  9. epetrov

    epetrov

    Hi Retite on 45!
    It's good to see you that you are back on track!
    I continue wandering why in you trading after the BO you do not switch on hourly candles in order to filter the fake outs? You may miss the wildest moves that way but you will ignore the fake moves, which push your account down.
    Cheers.
     
    #609     Aug 19, 2008
  10. You mean to wait for hourly pullack to take the trade?? Sometimes all you get is a 10 min pullback, though that should be for shorter timeframe trading rather than daily swing..

    Edit: Key question is how do YOU separate fake from real using hourlies?
     
    #610     Aug 19, 2008