Thursday, 29 January 2015

Trades 29/1/15


Good trading today - stood by rules set out yesterday (mostly)
Still many names traded, however only 4-5 day trades, rest were swings I closed today

Happy overall with entries today and better patience, though could still improve there; $FXCM after I shorted I set my covers to exactly 10% below, however I took profits on flushes; The idea was to swing short them not day trade, so I wasn't executing the plan properly

$GENE had great $2 avg buying on a dip, but no conviction to hold for the big move ... one day I'll learn to leave a few and let them run when it's a float rotation play



Trades: 

$EXEL on weak open with 2 risk; didnt work

$LEDS covered swing at 1.31-2 they seem to be supporting it there; 

$MIFI with .70 risk for a wash; added on multiday support snap; covered lower and rest of b/e; 

$FXCM shorted 2.4 covered some 2.32

$PSTI on a dip 3.50
$ARRY with hod risk - nice trade

$GENE low float runner, bought some on dip with 2 risk;

$GENE back in on a dip

$MIFI came back to it later:

$GENE one last try long; missed the big move, but was too worried about giving back gains

$GENE 

$MIFI again



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