tgt 1 hit
holding stop at 34.5 for 2nd half
holding stop at 34.5 for 2nd half
Pete's Place
- Thread starter PetaDollar
- Start date
Ditch beating everyone to the punch as usual
Attracted to this trade by the big s/r line at 1535
stop to 32.5. Should be fine if it turns out to be a trend down day. another possibility is a retest of 1535. if it fails again I will reshort it. If it breaks thru I will look to go long on a bounce at or near 1535.
Otherwise i'll be holding this 2nd half short all day. I will close and go long however for a really good signal, which would be a 2nd failure to move lower with a higher low on the ticks and a/d line, over 15-30 min time period.
Otherwise i'll be holding this 2nd half short all day. I will close and go long however for a really good signal, which would be a 2nd failure to move lower with a higher low on the ticks and a/d line, over 15-30 min time period.
I just looked at Friday, there was resistance in the 24-26 area, figured that was a reasonable target.
This second half is definitely a home run target. Seems like a good idea in situations like this, in early on what could be a trend day.
Still I feel backwards, I should be biggest on the home runs, not half size. So many things to work on.
2d half stopped 32.5
results: +5, -1.5
results: +5, -1.5
Sticking to the stated plan for possible further entries today
- retest of 1535: short on failure; or long on breakthru then pullback to support
- resistance with diverging ticks and a/d : long
note to self
not a bad long entry here
but not as strong as i'm looking for to go long today
not a bad long entry here
but not as strong as i'm looking for to go long today
times like this I have learned to focus on execution:
- no open orders
- make sure i'm flat
- make sure i'm ready to get in on the pre-determined scenarios
i'n the past i'd TA myself into some kind of trade
- no open orders
- make sure i'm flat
- make sure i'm ready to get in on the pre-determined scenarios
i'n the past i'd TA myself into some kind of trade
short 33.5 trailin' 5
target 1 30 target 28
target 1 30 target 28