April 2011 Results: +15.93% 11 Wins, 8 Losses, 1 Breakeven, Win/Loss Ratio: 3.69:1 CEDC short +0.69% MAKO long +3.92% AIG short +0.05% BYD long +4.32% AG long + 29.36% NCR long -1.25% BWC short +7.51% PDS long -0.27% LDK short -1.25% JKS short +2.16% ONNN short -0.41% PAY long -1.08% BRCM short +1.75% MTW long -4.01%, AG long -1.35% PDC long +4.96% WTW long +0.75% PCLN long +2.22% NAK short -2.12% TDC long +5.89% Note: this thread started on April 6 (NCR long). To see missing April trades visit: http://www.winningstocktrader.com/trades-blog.html
previous day: MOS short: not triggered, canceled -------- open positions: PVX long (9.40): move stop to 9.35 ---------------------------- new trades: UYM short: sell market, stop loss 59.25, target 54.04 GOOG short: sell market, stop loss 546.10, target 508.24 LCC short: sell stop 8.95, stop loss 9.11, target 8.41 edit: adding charts. comments are posted on the charts LCC DAILY http://tinypic.com/r/10p34g0/7 UYG DAILY http://tinypic.com/r/iz8ai0/7
previous day: UYM short: shorted 57.86, move stop 58.11 GOOG short: shorted 537.13, no change ------------------ closed positions: PVX long (9.40): stopped 9.34 ------------------ new trades MWW short: sell stop 16.36, stop loss 16.78 BGU short: sell limit 90.05, stop loss 91.73
previous day: MWW short: shorted 16.36, move stop 16.60 BGU short: not triggered, canceled ------------------------ open positions: GOOG short: no change ------------------------ closed positions: UYG short (57.86): 54.04 limit +6.60% ------------------------ new trades: FAS short: sell market, 90 cents trailing stop AVL short: sell stop 8.60, stop loss 8.82 EDIT: FAS SHORT MODIFIED DUE TO PREMARKET ACTION FAS short: sell limit 20.40, stop loss 30.06 (ALERT: modified!)
previous day: AVL short: shorted 8.59, move stop 8.67, add target 7.54 FAS short: shorted 29.40, move stop to 30.09, add target 27.93 ------------------------- other open positions: GOOG short: no change ------------------------- closed trades: MWW short: stopped 16.61, -1.53% ------------------------- new trades: ALB long: buy stop 68.36, stop loss 67.28 IACI long: buy stop 35.70, stop loss 35.23 ALB LONG very strong beakout on april. it corrected with the markets but had a very strong reaction yesterday to a downgrade. and volume on the correction looks good. LONG IACI buying above yesterday hihgh very nice breakout on strong volume and correction on low volume during the overall markets correction
previous day: ALB long: bought 68.73, move stop to 67.84 IACI long: bought 35.72, sell limit 35.64 ----------------------- other open positions: GOOG short (537.13): no change AVL short (8.59): no change FAS short (29.40): no change -------------------------- new trades: PCX long: buy stop 24.04, stop loss 23.83, target 25.95 PCX long on a wide sideways range for all year, it's showing some relative strenght lately vs the other coal stocks. it's bouncing on April low support and had a couple of gaps up. it should benefit from an oil bounce
no new trades for today previous day: PCX long: bought 24.20, move stop to 24.05, move target to 25.64 -------------------- other open positions: GOOG short (537.13): no change FAS short (29.40): no change ALB long (68.73): no change AVL short (8.59): move target to 8.17 ----------------------- closed positions: IACI long (35.72): 35.22 (stop) -1.40%
open positions: GOOG short: move target to 538.12 FAS short: move target to 20.40 ALB long: move stop to 68.95, add target 77.82 PCX long: no change --------------------- closed trades: AVL short (8.59): 8.17 limit: +4.89% --------------------- new trades: GLNG long: buy stop 30.50, stop loss 29.95 REE short: sell stop 12.98 with a limit of 12.79, stop loss 13.07 long GLNG impressive action in the last coouple of months with good upside volume. huge relative strenght vs the tanker sector, which just started to wake up little bit. waiting for GLNG to break resistence and resume the uptrend REE SHORT can't really bounce on short term support which is also an important long term support (december gap up, march bounce and october tops). weaker charts than AVL (competitor). shorting on a break of support
previous day: GLNG long: not triggered, canceled REE short: shorted 12.89, add target 11.79 ----------------- other open positions: ALB long: no change ------------------ closed positions: FAS short (20.40): 20.40 (limit), 0% GOOG short (537.13): 538.12 (limit) -0.18% PCX long (24.20): 24.04 (stop), -0.66% ----------------- new trades: SCCO short: sell stop 34.61, stop loss 35.15 SHORT SCCO after a 1 month consolidation of the downtrend it just broke support, it didn't move during the recent metals correction, but it seems ready for another leg down now.
previous day: SCCO short: shorted 34.60, add target 31.43 -------------------- other open positions: REE short: move target to 12.03 -------------------- closed positions: ALB long (68.73): 68.91 (stop), +0.26% 1 Draft(s) (show) TWI (Titan International) long. ALB long stopped out. 05/13/2011 0 Comments previous day: SCCO short: shorted 34.60, add target 31.43 -------------------- other open positions: REE short: move target to 12.03 -------------------- closed positions: ALB long (68.73): 68.91 (stop), +0.26% ------------------- new trades: TWI long: buy stop 28.51, stop loss 27.97, target 29.78 TWI long just made a low shadow doji right on breakout support and long term trendline. It's a very good risk reward opportunity. Titan International is a wheels and tires supplier to the construction/agricoltural/mining machinery sector who got beaten up recently, but this didn't damage its uptrend. Buying above yesterdays high.