<img src="http://puddles.humanfund.ca/20100528/spy.png">
<img src="http://puddles.humanfund.ca/20100528/vvus-2min.png">
<img src="http://puddles.humanfund.ca/20100528/teva.png">
<img src="http://puddles.humanfund.ca/20100528/akam.png">
9:49
LONG VVUS 12.59
STOP 12.44
TGT 12.89
(2minute chart above)
- SPY opens weak and heads down
- As SPY turns VVUS shows continued strength
- Take over the higher low on the 2 minute chart
- out +0.3
10:43
SHORT TEVA 54.8
STOP 54.95
TGT 54.5
- After 3 bars, SPY tried to retrace from it's opening selloff, TEVA did not participate
- Geez and I were going to take the TEVA lower high around 10:30..
- I accidentally cancelled my entry and realized it too late to get any part of the trade
- TEVA sets up again and I take it.
- out -0.15
11:03
SHORT AKAM 39.59
STOP 39.69
TGT 39.49
- AKAM shows alot of relative weakness to SPY
- short under the lower high.
- out +0.2
2-1 for the day.. 5-3 for the week (only 2 days trading)
17-14-3 month (all posted in this journal)
Just about a month ago Geez encouraged me to continue his journal with the goal of helping my trade selection and execution. The first month has definitely gone to plan. Thanks dude.
http://puddles.humanfund.ca/wp/2010/05/29/2010-05-28-trades/