Thursday, November 19, 2009
11/19/09 Today's journal
Today I'm going to do my swing trade journal. I have had 5 swing trades with much success. Here is the spreadsheet of trades to date. OK just tried to import spreadsheet but it wouldn't allow it. So here goes
bot gll at 10.69 from a band break and sold for 10.17 It just kept hugging the band and stopped me out. Lesson learned was to wait until likely break up.
bot eza at 50.92. Sold at 55.78 midline hit, and 5583 stop hit. The purchase was just band break and first exit was midline touch and then it stretched passed it and started to fade. I moved my stop up and it finally took me out.
bot iwm at 56.26. sold 59.08 midline and 59.57 stop hit. Entry was simple band break and then midline exit and stretched passed while moving stop and finally hit stop. Run on sentence!
Currently bot psq at 45.25 and waiting. Almost midline and stop to BE already. It was a midline touch but then took entry off of the high of the low bar.
Also long gll again at 9.75. It was a 5 day down, broke high of low bar entry. Still BE but stop is tighter at just 9.50. 9.50 is prev low and may not be a good spot if they retest.
Trader X
bot gll at 10.69 from a band break and sold for 10.17 It just kept hugging the band and stopped me out. Lesson learned was to wait until likely break up.
bot eza at 50.92. Sold at 55.78 midline hit, and 5583 stop hit. The purchase was just band break and first exit was midline touch and then it stretched passed it and started to fade. I moved my stop up and it finally took me out.
bot iwm at 56.26. sold 59.08 midline and 59.57 stop hit. Entry was simple band break and then midline exit and stretched passed while moving stop and finally hit stop. Run on sentence!
Currently bot psq at 45.25 and waiting. Almost midline and stop to BE already. It was a midline touch but then took entry off of the high of the low bar.
Also long gll again at 9.75. It was a 5 day down, broke high of low bar entry. Still BE but stop is tighter at just 9.50. 9.50 is prev low and may not be a good spot if they retest.
Trader X
