MACD/Trendline Swing Trader

Short CLF 96.4

 

Someone explain Friday's rally that killed all my shorts..

 

updates??

 

Market got crasy these days.:eek:

 

Not a trendy week so not much to say..

Monday Short SMG.. (a stray) looked like perfect breakdown.. Stopped out Tuesday just over 26..
Tuesday Stopped out of CLF

Stopped out of RYL today..
Sold SKF 130.4 today...
Bought WNR 8.41 today
Bought MEE 67.36 today

S&P really look like a short here... chart attached.. which would mean long SKF or short Finance..

 

Long SKF 127.3 2pt risk

 

Short RYL 21.75

 

Hey,

This is the first journal I've checked out since I signed up at ET. I like your trading style, and will be looking forward to tracking your progress.

Thanks for sharing.

 

Well that was an "interesting" final 10 minutes.. classic Summer.. tomorrow's open barring news anybody's guess.. Removing stops first 30 mins in the morning..

 

When I clicked on that chart, my first thought was "LONG" assuming it breaks that T/L.