Monday, 2 August 2010

Trades 02/Aug/2010

HPQ (move up thru prev day high)

Trending up and staying strong when general market pulled back. Entry was on horizontal resistance breakout to new high. Didn't work out and stopped for a loss.

--------------- Daily Stats ------------------

3 comments:

bl said...

You might want to get in market earlier...not many traders are going to wait when the they see the open rally esp first trading day of the month. Have a commodity page of good names: fcx btu clf wlt tck bhp pot agu mos cf mon, joyg bucy, or tech. For me it's alot easier than looking at non confirming stocks in different industries. No trades but was observing.

The Average Jay said...

Hi TA

I looked at your chart and went back and charted out this same trade with some other information on it. Send me an email to tradingwiththeaveragejay@gmail.com so I can send you my chart if you want to look at it. It is a little different look at your trade today, but I think it might be helpful to you. Hope you well. Jay

TraderAm said...

AJ > my email is traderam@ymail.com

Look forward to hearing your views.