Showing posts with label 2010-08-Aug. Show all posts
Showing posts with label 2010-08-Aug. Show all posts

Friday, 20 August 2010

Trades 20/Aug/2010

AMP (gap down)

Trend down. Shorted on break to new low as market weakened. Didn't work out as planned and was stopped out.

LLY (move thru prev day low)

Trend down, went short on pull back and breakout to new low. Also didn't work out and was stopped for a loss.

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

Thursday, 19 August 2010

Trades 19/Aug/2010

AFL (gap down)

Weak relative to market and went short after pullback failed to hold whole number. The stop was above the whole number in this case. Didn't really do much after entry and closed at breakeven in the last session.

HBC (gap down)

Weak relative to market and went short on breakout after pullback. Just grinded slowly for rest of day as it didn't have momentum to reach 1R. Closed in last session for minor loss.

NEM (move up thru prev day high)

The rise above previous day's high was quickly rejected as it fell strongly down in a trend. Went short on sideways consoidation breakout as the market weakened further. Entry was not ideal as it was close to whole number. But it worked out ok as it weakened further. Closed partial at +1R then rest at +3R.

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


Monday, 16 August 2010

Trades 16/Aug/2010

RIMM (gap down)

Trending down and weak relative to market. Shorted on pullback doji. Closed partial at +1R and rest at +3R as it came thru the whole number.

SWN (gap down)

Trending down and weak relative to the market. Shorted on break to new low. Closed partial at breakeven as it came back off red hammer and then rest was stopped out for loss.

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

Thursday, 12 August 2010

Trades 12/Aug/2010

EMC (gap down)

Trending down and weak relative to the market. Short entry on break of horizontal support area. Didn't really follow thru to 1R. Closed at breakeven after hammer on 14th candle.

KSU (gap down)

Trending down and showing weakness relative to the market. Short on breakout to new low. Closed partial at +1R then closed the rest at same level as it showed strong momentum coming back.

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

Thursday, 5 August 2010

Trades 05/Aug/2010

ARO (gap down fade)

After gap down, stock showed strength as it trended up relative to the market. Entry was on breakout of horizontal resistance. Closed partial at +1R then rest came nback to breakeven.

TDC (move thru prev day low)

Weak relative to market and shorted on break of horizontal support. Closed half at +1R then rest came back to breakeven.

UL (gap down)

Weak relative to the market. Shorted on break to new low. Didn't really follow thru as I liked so closed at breakeven as it came back with market.

I did have order in for MON long, but didn't get filled. Other than that, nothing to report.

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

Tuesday, 3 August 2010

Trades 03/Aug/2010

WLP (move up thru prev day high)

Trending up then shallow pullback. Entry is on breakout of horizontal resistance. Closed partial once +1R reached then rest came back to breakeven.

P.S > I hear on grapevine that QuoteTracker's future is limited and in all likelyhood is going to be discontinued at some point. Shame really as it's a nice package with very reasonable costs.

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

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 ------------------