not sure if this was brave or stupid being long in this market.. cheated on the tgt when it looked like spy wanted to roll over again.. 1.75:1 r:r which i can live with.. (hit .95 a few minutes after) out +0.35
<img src="http://puddles.humanfund.ca/20110803/spy.png"> <img src="http://puddles.humanfund.ca/20110803/ba.png"> <img src="http://puddles.humanfund.ca/20110803/mhp.png"> <img src="http://puddles.humanfund.ca/20110803/amt.png"> 10:06 SHORT BA 66.99 STOP 67.22 TGT 66.53 - Weak form the open - Market kinda weak but a few pull backs - 10am headfakes higher, then tanko - Short the break of the round #, ignore the tails from the 10am whip for the stop - out +0.43 10:14 LONG MHP 44.11 StOP 43.99 TGT 44.35 - Market tanking - MHP ranging and holding - Long the break - out -0.17 10:47 LONG AMT 51.55 STOP 51.35 TGT 51.95 - Ranging at the highs while the market tanks - Exceptional relative strength, long the break on market bounce - Took it early with a 1.75:1 r:r because I thought SPY was going to roll over again. Turns out that really really really really wasn't required - out +0.35 http://puddles.humanfund.ca/wp/2011/08/03/2011-08-03-trades/