Swing/Position Trades

Yes, I was front running an Inverted H&S breakdown with a trigger around 57.3. But this did not happen. THe big picture pattern is still there.

I am thinking of covering 1/2 the amount at scratch and leaving the other 1/2 for the trend.

 

Covered 1/2 KLAC at breakeven (58.86) leaving the other 1/2 for trend

400 ss KLAC

 

Yeah I was holding for the the trend, but I could not turn down the good profit. Large range day already.

Covered KLAC 56.70 +2.15

If it gets a good bounce off its lows and reverses, i'll see about getting back in

 

Closed positions KLAC +2.15

Flat end of day

Cumulative P&L 754

 

Short 500 VZ 40.80

 

Open positions

Short 500s VZ @40.80

Open P&L 225

Total Closed P&L 754

 

Covered VZ 39.80 +1

Long 500s NVDA @32

 

Long WLP 72.69 300s

 

Sold WLP 73.70 +1.01

Open positions
NVDA 500 @32

Open P&L 145

Closed profit 1055

 

Hi Dave,

Would you mind explaining the technical reasons for the NVDA long position?

Thanks,
Mike