8/28/07 General Trade Log / Idea Sharing

[AbeSmith 10]

Hello. The Dow is down in premarket. Asia and Pacific markets are mixed. Europe is down. The consumer confidence report is scheduled for 10AMET. Good trading.

[btrader2 10]

Good Morning Abe, Good trading today!

[AbeSmith 10]

Good Morning Abe, Good trading today!

 

Good morning Btrader. Good trading to you as well.

[MrPaul 10]

Liz Claman just said she was going to "...rock out with her stock out..."

 

Thats the biggest news on the day thus far :o

[brownsfan019 17]

Liz Claman just said she was going to "...rock out with her stock out..."

 

Thats the biggest news on the day thus far :o

 

Nice...

 

:helloooo:

[AbeSmith 10]

Setup 1: +13. -10.

[AbeSmith 10]

Setup 2: +5. +5.

[MrPaul 10]

I usually don't post trades on this thread but I'm leaving for the day so I thought maybe someone could glean some insight.

 

First red circle is where I initially sold 5. After a test of the previous swing high, there was no demand.

 

Second red circle is where I added another 5 after a test/stop run and additional weakness.

 

Yellow circle is where I exited after the downward move had exhausted itself and it was vulnerable to a pullback.

 

Green lines are roughly where my trailed stops were placed

 

Simple price/volume/pattern analysis, nothing more.

[AbeSmith 10]

Setup 3: +10. +10.

[btrader2 10]

Hi,

 

Posting a setup of NQ of a long off Developing VA Low. after a key test of a level off the daily chart.

[btrader2 10]

FOMC Minutes due now!

[AbeSmith 10]

Setup 4: -11. -11.

[AbeSmith 10]

Setup 5: Scalp trade, unintentional exited. +5. +5.

[AbeSmith 10]

My trading summary today:

 

5 setups. 10 round trips. +21 net points. $62.40 realized paper gain.