(short term) stock trading

Discussion in 'Journals' started by roadstar4, Apr 5, 2011.

  1. #11     Apr 12, 2011
  2. previous day:
    LDK short: triggered, move stop to 11.54, target limit 10.68
    BRCM short: triggered, move stop to 39.95, add target limit 36.13
    ------------------------
    other open positions:
    ONNN short: move stop to 9.61, add target limit 9.02
    JKS short: move stop to 24.41
    ------------------------
    closed positions:
    BWC short (33.40): 30.89 limit, + 7.51%
    PDS long (14.63): 14.67 market, +0.27%
    -------------------------
    new trades:
    PAY long: buy stop 54.15, stop loss 53.55

    LONG PAY

    perfect fibonacci correction
    which ended on support.
    impressive relative strenght yesterday,
    now it's facing resistence,
    buying on a breakout
     
    #12     Apr 13, 2011
  3. edit, i made a mistake...

    closed positions: PDS long (14.71): 14.67 market, -0.27%
     
    #13     Apr 13, 2011
  4. previous day:
    PAY long: bought 54.51, move stop to 53.95
    ------------------------------------
    other open positions:
    BRCM short: no change (stop is 38.95)
    -----------------------------------
    closed positions:
    JKS short (24.97): 24.43 stop, +2.16%
    LDK short (11.41): 11.55 stop, -1.25%
    ONNN short (9.58): 9.62 stop, -0.41%
    -----------------------------------
    new trades:
    EJ short: sell stop 12.56, stop loss 12.80


    good rebound for EJ following
    most of chinese stocks...
    it failed at gap resistence and
    it's likely to resume the main trend
    which is down.

    shorting below yesterdays low with
    stop above yesderdays close
     
    #14     Apr 14, 2011
  5. previous day:
    EJ short: not triggered, canceled
    -------------------------
    open positions:
    BRCM short: buy market
    --------------------------
    closed positions:
    PAY long (54.51), 53.92 stop, -1.08%
    --------------------------
    new trades:
    MTW long, buy stop 21.40, stop loss 20.93

    MTW: relative strenght in the strong construction machinery sector. Buying above yesterdays high. Looks a good play if the markets hold up. Stochastics about to crossover, and very healthy volume for all year long. It already broke intraday gap resistence.
     
    #15     Apr 15, 2011
  6. previous day:
    MTW long: bought 21.41, no change
    ----------------------------------------
    closed trades:
    BRCM short (38.83), 38.16 (market), +1.75%
    -----------------------------------------
    new trades:
    CLF short: sell stop 93.97, stop loss 95.25

    Double inside day for CLF on a tight rage. Triple top in the last 2 months with negative volume action after
    February pop up. Very good risk-reward ratio.
     
    #16     Apr 18, 2011
  7. adding CLF chart
     
    #17     Apr 18, 2011
  8. previous day:
    CLF short: not triggered (high of the day was 1.53% away from our entry price, see orders page - http://www.winningstocktrader.com)
    -------------------------
    closed positions:
    MTW long (21.41), 20.55 (stop) (gap down), - 4.01%
    ------------------------
    new trades:
    WTW long: buy stop 75.28, stop loss 73.71
    PDC long: buy stop 15.22, stop loss 14.94
    --------------------------

    long WTW

    very strong action
    recent market correction
    didn't damage WTW chart
    buying on a new 52w high

    long PDC

    new 52 weeks high, very strong
    action on this oil drilling stock,
    untouched by S&P outlook on the US
    and buy oil correction.
    buying on a new high

    PDC daily chart: http://tinypic.com/r/wi0mj4/7
     
    #18     Apr 19, 2011
  9. i forgot to post the once available attachment...
     
    #19     Apr 19, 2011
  10. previous day:
    WTW long: bought, no change
    PDC long: bought, no change
    ----------------------------------------
    new trades:
    AG long: buy market, 75 cents trailing stop
    PCLN long: buy market, 15 dollars trailling stop
    TDC long: buy stop 51.44, stop loss 50.84

    AG LONG

    doji (and inside day) on the 20
    day moving average aftera an ABC
    correction, AG is ready to resume
    the uptrend, it's probably
    gapping up, buying with trailing stop

    despite the red volume, AG
    showed again relative strenght
    vs t he other silver stocks in the last
    3 days

    hold well support on the intraday chart,
    which means strenght is not over

    LONG PCLN

    chinese internet stocks are flying
    PCLN is not chinese..., but it's
    still a leading internet stock, with
    a nice tight consolidaton that
    just broke out yesterday

    LONG TDC

    a tight bollinger squeeze after
    a long consolidation, which
    gives us a lot of potential upside,
    buying on a new 52 weeks high
     
    #20     Apr 20, 2011