"The only way to trade with Fibonaccis" journal

5/3:

SPY: $235

Net for this trade:
-----------------------------
$235

 

5/4:

SPY: -$215

Net for this trade:
-----------------------------
-$215

Huge down day today. We might have some good buying opportunities coming up.

 

5/7:

SPY: -$195

Net for this trade:
-----------------------------
-$195

 

Keep coming down!

 

It pretty much went straight up after I said that.

5/8:

SPY: -$305

Net for this trade:
-----------------------------
-$305

 

5/9:

SPY: -$467

Net for this trade:
-----------------------------
-$467

 

5/10:

SPY: -$411

Net for this trade:
-----------------------------
-$411



This trade has been on for a month and hasn't gone anywhere because it's been so choppy.

 

Big gap down and then rise in price in the first few hours of trading today. Stlil doesn't seem to be able to break out of its range though.

 

5/11:

SPY: -$493

Net for this trade:
-----------------------------
-$493

 

5/14:

SPY: -$793

Net for this trade:
-----------------------------
-$793