Friday, 29 November 2013

Trades 29/11/13

Lessons:
NO AM SHORTS
NO MORE WASHOUTS UNLESS ABSOLUTELY PERFECT
ONLY GRINDERS AT THE OPEN; FADERS IN THE AFTERNOON. 
GETTING BETTER AT GRINDERS SO RISK A LITTLE BIT MORE
CLEARLY SHOULD I AVOID WASHOUTS AND AM SHORTS I'D BE BETTER OFF...

Grinders: 

$ZOOM risky but took 50c
$ZOOM again on grinding - took another 20c
$EGLE 4.07 4 risk 4.15, 4.30 target out flat
$DSS 2.05 2 risk 2.14 2.24 out flat
$DSS again this time good for 15c
$MY made big hod 3.40 now consolidating 3.30 risk 2.25 target 3.40+ stopped out; 
$CAMT looked grindy in 4.25 4.20 risk 4.40 target b/e took 3c
$ACRX 9.62 trying for 10c - got it!

Faders:

$ICLD 8.40 with 8.50 risk 8.25ish target this worked ok
$CAMT seemed like it was about to break in 4.30 risk 4.40 target 4.20 4.10 was good for 5c
$CAMT again at 4.29 -> big win, was patient with it, very good trade covered 4.21, 411

AM Shorts:

$UVE 11.70 11.85 nhod risk -> stopped out, bad trade no more will I short in the morning into strength!
$MACK 3.75 3.50 target 3.85 risk missed the spike to short into -> and suffered the consequences; 
$DSS small short 2.08 2.10 risk 2.01 cover on its inability to break 2.10. flat.
$ICLD 8.40 with 8.50 risk stopped out
$ICLD again this time small unfrotunately but caught a move from 8.45->8.26

Washouts:

$ATRM stopped out
$LBMH 3.39 with 3.30 stop 3.49 target - didnt like it so got out
$FTNT stopped out
$FTNT again on trend stopped out 

Promos:

$GGBL couldn't risk holding over the weekend, sold my 65s at 67



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