Spydertrader's Jack Hershey Equities Trading Journal III

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SOLF looks good too, but my money's tied up.

Wish now I would have sold JASO as soon as it bounced off the 52 wk hi and got SOLF, or even GIGM then..... :mad: :mad:
 
Haroki,

Can you please explain your reasoning for entering JASO. I understand you are more experienced than me and dont require DU etc...but I want to see if my chart analysis is correct in anyway.
 

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Quote from LittleMac:

Haroki,

Can you please explain your reasoning for entering JASO. I understand you are more experienced than me and dont require DU etc...but I want to see if my chart analysis is correct in anyway.
More...

Your daily chart looks PERFECT in my opinion. You've even got the FBO labeled.

I was watching this one closely during the day and entered off the 30 minute when I saw what I wanted to see for this.

Keep in mind that just cuz I saw what I wanted to see, that doesn't mean that it necessarily would have gone the way I was anticipating. It just as easily could have stalled and gone the other way, in which case I would have exited, hopefully with a wash.
 

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Quote from ph11l1p:

Really good day today. I hope some of you turned on to EMKR. Traded it yesterday and today several times. Great volume and increasing price trend. Not in DU yesterday but I noticed the good volume and price trend early. Had super action, good price uptrend on volume and then a retrace and then up again. Sometimes we don't have to have a stock in DU to make a nice profit.
We have a target rich environment for tomorrow (DU's).
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I also was watching this yesterday and went long (paper trade) @at the open for a price around 11.20. I sold 1/2 at 12.00 and the rest at around the same price.

(again, using beginner methods only)

It showed up as a "BRUNO" set up on my scans, as per WL, but hardly looked like it at all (wrong side of channel, no lower band 5/2/3 stoch "hooking action," etc. I am guessing it was more of a "rocket" setup which I havent thouroughly studied yet.

So hindsight, although volume looked good, and it was "profitable" it wasnt a disciplined trade which is bad..


My only possibility I was watching today was ULTR.. The volume looked strong, and on the 30 min, both MACD (negative) and stochs(low) looked like a good short setup. but I held off.
 
Final Universe Additions

CUB FSTR JCG LQDT POZN RATE

Final Universe

ANW ASIA ATV BCSI BHS BKI BONT BPHX BTJ CALM CHDX CMED CUB DBTK DRYS DSX EGLE EMKR EMS ENG ESEA EXM FED FMCN FSTR FTK GAIA GIGM GKK GLNG GRA GRRF GSAT GSOL HMIN ICOC IMMR JADE JASO JCG JRJC KMGB LAZ LPHI LQDT LXU MALL MEA MTH MTOX NCMI NFI POZN PRXI PTT QMAR RATE RWT SFLY SIGM SKX SNCR SNDA SNHY SOLF SSRX STAR TASR TBSI TGIC TRCR TSL ULTR VDSI VSR XING YTEC

Monday Dry Up

ANW BCSI BONT BTJ CALM CMED CUB DRYS DSX EGLE ESEA EXM FTK GAIA GLNG GRRF GSAT GSOL HMIN JCG JRJC KMGB LPHI LXU MALL MEA PRXI QMAR RWT SIGM SKX SNDA SNHY SSRX STAR TASR TBSI TGIC TRCR TSL ULTR VDSI VSR XING YTEC

- Spydertrader
 
Tuesday Dry Up

BCSI BPHX CALM CHDX CMED ENG FED FTK GAIA GIGM GLNG GRRF GSAT HMIN JCG JRJC KMGB LPHI LXU MEA POZN PRXI RWT SKX SNDA SSRX STAR TASR TGIC TRCR TSL ULTR VSR XING YTEC

- Spydertrader
 
Got long GIGM today on LBDU signal before 10:30. Haven't seen much activity in the thread. Was wondering if anyone got in this trade and/or if they can comment on my analysis/chart. I feel that currently we may be experiencing an FBO of the up channel in aqua. Do I need an FTT for an FBO? Also the thick blue line is providing good weekly support for an up move. Looking for black volume increasing over the next few days. The MACD and Stochastic look good especially if the 5,2,3 passes 50 by today or tomorrow. Comments appreciated.
 

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Hi LittleMac,

I also liked the look of GIGM this morning, but wanted some more volume confirmation, which has not come yet.

Did not reach ADV by 11:30
 
Quote from LittleMac:

Could be this chart too though. I'm confused. This chart also asks the question can the navy BO occur without FTT?
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A Break Out occurs after an FTT. A BO can also occur after Price leaves the Left Trend Line and traverses the Channel back to the Right Trend Line.

- Spydertrader
 
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