Daily setup: Gap up, earnings
Entry/play: Gaps up must sell off first. Identify pivot to trade against. Watch level2 for entry.
Management: Saw my pivot after selling, hammer, green volume. Didn't want to jump in on runner bar. Liked the next bar long shadow doji to stop against. Watched level 2 for entry above doji and stop below it. Quickly moved up stop to below entry bar. Stepped staggered stops until it seemed to stall around 113. Market trending down, so I squeezed up stop on both. And a good thing!
Psychology: Good. Got my piece, and peace. Bread and butter trade.
Popular Posts
-
I follow and admire the trader Mark Melnick. His Newsbeat trading room (of which I am intermittently a member) and his YouTube Newsbeat vide...
-
Ok yes. In mid October I did mistrust that bottoming bar. Since then, follow through. A few really nice green volume bars, that accompany ...
-
Foolish trade in the afternoon. Too early, lucky to get +2% stopping in the spike. Bad all around, including bad use of psychological capit...
-
Market inside open after a really strong day Friday. I need to get back into the routine of annotating, logging, journaling. WYNN gapping in...
