I am now quite happy to say that a top has formed here at least providing nothing changes like yesterday... Still looking for a long but will have...
Useless predictions file: If I could short EYEG around 15-16 tomorrow I would. Unfortunately its not on the easy to borrow list :-(
It would normally not bother me but as I know that people are watching this journal I want to go for a good straight run of profitable trades....
So this up move is quite strong but I am still waiting for a small correction to the downside.
Looks like we are making a short term top here. Short term being for a day or 2. I am still long biased but will wait for lower prices before...
I would be happy to take the other side of this bet. What makes you sure that these oversold conditions will not continue?
http://market-topology.com
It depends on how much you are aiming to capture from shorting EDEN. You could maybe get away with using something correlated to EDEN but the...
So this mornings open highlights the last loss I took could have been an excellent trade if I had took the draw down. Hence why RM wisdom shines...
Well we have gapped up at the open and so far the buying seems strong. I would normally be long right now but the Gap is concerning me. The last 2...
Now fully out of that position remaining was exited at 205.24. To summarize I lost $1.31 on 50% of position and $1.65 on the remainder average...
I will add back on in this starts to go in my favour.
I have just scaled out of 50% of the position @ 205.58.
My confidence is beginning to wane...
Unfortunately I never found the right place to add more size on to this trade... I may reduce size and take some profit on this one (When I get...
To use a term from the Rearden Metal phrase book my position has so far been "pounded like a rented gerbil"....
I am expecting a drop into the Gap. Should this happen I may add onto this position if conditions stay the same.
Long SPY @ 206.89
I don“t think that the conditions will be right for anymore trades today but will monitor accordingly. The market is acting like it has upside...
100% position filled at 205.44 I would like to hold on for longer but the selling seems to be subsiding slightly. I do expect the market to trade...
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