today was interesting for me and gzgbink, given the FED announcement pending the correct decision would have been to stay out but the two of us are trade junkies... (or gunslingers like Darcy says of her S/O)
AAPL
FP or HRFP on 21,34,55,233 at open
E-signal at 9:50 on the 10 chart
however, I didn't pay enough attention to the D chart showing 50MA resistance, stock was tired after breaking the 200ma
ultimately it resulted in a small loss, got out when the 5 crossed the 10 on the 10min chart around 11am
SOHU
FP or HRFP on 21,34,55 at open
233 and D showed hints of a continuation of an up pattern
E-signal at 9:50 on the 10 chart
made a small nugget and got out around 11:30 as market fluctuations were getting scary (This is where I need to practice Gary's mental message) This isn't a good stock to trade, it only averages $6 per week, I've since adjusted my workspace to stocks that move $9 or more a week so it can still climb after the open.
NUGT
FP on the 21 at 12:39, HRFP on the 34 at 12:54, FP forming on 55
E-signal at 13:20 on the 10 chart
gzgbink got 20 calls @ $3.30 and sold them 30mins later for $8 before he almost had a heart attack lol... congrats man!
technically speaking I think you'd still be in this trade, if you wanted to go overnight
the assumption with all of these is that the 5 and 8 E charts are still relatively clean looking before the entry from the 10 is allowed...
Edited 2 time(s). Last edit at 09/18/2013 03:30PM by ChairmanFaust.
Still gitty first big win in a while.