Umm, a journal

Looks like that was a good play as the
Sector sold off in the morning.


Shorted both AMGN & BGEN this morning
for a 1 pt each.....$$$ easy money.......


Good luck,

Pat:D
 
Yeah biotech gave ample number of upticks to short this morning -- may your trades continue to be as easy as you say!


SOX pulling us down now, giving a decent signal to short the right-shoulder on the NQ, with downside target to today's lows.
 
Still short 2 units of HGSI. Yesterday's entry turned out to be a bit of a miff, but I don't mind scaling a bit early into a swing trade.
 

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Originally posted by illiquid
SOX pulling us down now, giving a decent signal to short the right-shoulder on the NQ, with downside target to today's lows.
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Here's the chart. Right-shoulder anticipation entry, along the same lines as HGSI. (No trade taken, I think there's only about $800 left in my futures account. What's daytrading margin for NQ these days? :p )


ps -- I really don't draw all these lines or pay much attention to targets during the trading day -- shorting at resistance in anticipation of support breaking is the main idea here; minimize risk, maximize reward!
 

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