MACD/Trendline Swing Trader

Time for a scolding session... Beyond belief the repeating pattern of meddling with trades! Rejoiced yesterday at the CF 128.5 cover... followed that with the JRCC and ANR covers near highs this morning...

The ANR (along with other commodities have similar patterns) setup is a thing to make a chartist weep with joy.... That 25 points beckons...
 

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Sold SKF 118.3 (a little homework would have shown 123/124 resistance gap - snooze I lose)
Covered DRYS 59
Long ENER 64.83
Long MEE 52.82

Will fish for SKF around 115.. S&P 1245??
 
Well... to my suprise got SKF at 114.8 but got worse than expected for S&P 1245.. Quite a trip from 123 and change to 112.67 so worst case this should be a scratch trade though the Lizzard closes in most indexes implies weakness early Monday for SKF.. Bottom fishing and Buying red bars.... another worthless vice... Complete Meltdown in AH must be news somewhere in favor of Financials

Sold ENER 66.7

As for the week... some progress...
 

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j-Law.. Thanks.. My equity chart strangely looks like a "bubble" chart. Hopefully it builds a Cup and Handle, then off to the races...
 
You flirted with 6 figures in June and July, is it a psychological barrier you are having a difficult time passing? If you can think back to then, were you more focused on surpassing 100k or trading as usual?
 
Quote from retire45:

j-Law.. Thanks.. My equity chart strangely looks like a "bubble" chart. Hopefully it builds a Cup and Handle, then off to the races...
More...

Good job on the week. You must have nailed it with that big downtrend in the first three days. This week, the usual inverse correlation between the stock market and commodities related stocks did not work: everything went down, and reversed together on Friday.
 
Quote from Vtechno:

You flirted with 6 figures in June and July, is it a psychological barrier you are having a difficult time passing? If you can think back to then, were you more focused on surpassing 100k or trading as usual?
More...

I did feel some excitement for sure.. sort of choked... Like Roddick serving at 5-4. No doubt it will fall sometime this year.

Neke... Could (as always?) have been a 15k week if not for the poor JRCC and ANR trades... A blank canvas of a week ahead.. what will I paint?
 
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