The Dawg Pound

here is today's wrap. i will try and do a weekly wrap and total trade update sunday night, i am traveling this weekend for the holiday.

1. slow trend long

you can see the above post for entry reasons. exited during the 12:30 bar, mkt spike after philly fed, 12:25 bar was a hgih volume reversal at the top of my trend channel and exited when low of bar was broken.

long @ 882.00
sell @ 887.50 +5.50

was really psyched about this trade b/c first slow trend i was able to spot and capture some points on...although very difficlut to hold onto the position.

you could have continued to hold the position as the trend channel was never violated but exited on the away side of the channel on a spike reversal still seemed ok.

day: +5.50 23 days: 43.75

2. trend line break ---> short rocket

day long trend line was broken at 2:35 bar, got short when low of bar was broken...first time all day stoch was below 50 and a good macd reading -.37

good volume and follow thru on the 2:40 bar...2:45 inside low volume bar...2:50 rocket signal s(22.22, 24.07) -.475, but a reversal candel...what i was thinking was that this could be a new point 3. exit when reversal candle sets up. rocket fails.

short @ 889.00
cover @ 889.75 -0.75

day: +5.00 23 days: +43.00
 

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24th day of trading was today...last weekly recap was on 14th day

last updates totals (14 days)
38 trades
16 winners
19 losers
3 flats

+29.75

24 day update (including 4-21):

65 trades
27 winners
34 losers
4 flats

+45.75 total gain

45.75 x 50 = 2,287.50 total gain

commish
65 x 2 x 2.40 = 312.00

24 day net gain on one contract = 1975.50

feel as if i got myself back on track after a horrid 4-7 to 4-11 week -1.50 on the week...and 3 day losing streak of -15.50 where i completely lost track of myself.

edit: really got back on track after 4-10 was at +22.75 and now at 45.75 a gain of 23.00 in last two weeks.
 
1. long rocket

9:50 s(100, 90.94) macd hist +.45 10,080

long on the break was not happy about having number coming out at 10:00 a buying runup to the numbers, but held...mkt sells of on number...stochs leave rocket zone s(62,85) and exit when low of 10:00 bar is broken.

long @ 896.50
sell @ 894.50 -2.00

day: -2.00 24 days: +41.00

2. rcoket failure---->macd xo--->reversal

uptrend had already been broken, exited my long position (losing) and while i did not reverse immediately was looking for a reversal play...

10:10 reversal bar looking short...macd xo...short on reversal bar setup during 10:15 bar @ 894.50...funny thing is this is exactly the price i exited my long rocket position.

10:25 rocket short signal s(17.24, 21.75) macd hist -.83 9,941

market moves sideways, but stoch still in rocket zone...exit during 11:00 when tiny range is broken upward @ 890.00 and stoch pokes above 27.

short @ 894.50
cover @ 890.00 +4.50

day: +2.50 24 days: 45.50

3. ronge b/d--->rocket

2:05 break long uptrens that i had in place...got short @ 890.25...rocket signal at 2:20, but next bar is a low volume inside range bar and puts me on alter...first low breaks and then high is taken out...exit when high is taken out @ 890.00

short @ 890.25
cover @ 890.00 +.25

day: +2.75 24 days: +45.75
 

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Like your 'signature'

Watched 'Rounders' last night (with my GF)! Every so often I gotta get a fix. Strange, but I always trade better after viewing it.

b.t.w. she asked me what worm 'meant'! I just said she wasn't in that category.

She smiled.

And then.... ummm


Ice:cool:


p.s. hope she never learns what "rake' is!

:D
 
sanjuro has it correct wait 15 and buy if still rocket signal...i hate buying on the gap up and having numbers coming out right after signal...jut personal pet peeve.
 
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