Friday, 24 October 2014

More Shorting on Lower High Trades


$ISR Trade Recap

$ISR made a move from 1.40s to 1.9, pulled back and failed to break and hold 1.90 again. Took a short position high 1.80s, with nhod risk, and was going to cover if 1.80s support held

Support seems to have held, so I covered for small gains


My stop for at least part of the position should be if a higher high is made, this way I'd be in the trade for a nice fade


$DGLY Trade Recap

Same concept, big run up, pullback and another push towards highs. I shorted 15.20s


Alas my covers were much higher, but still, nice snap





$RGLS Trade Recap

Shorted 15.60s with tight stop 15.80, target 15.40 then .30s

Covered some here

rest here





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