belflan's US stock intra day trades

reason for above trade

Macci indu o/b and turning

pop up in aapl last 5-10 mins
 
aapl short closed

reason = capitulation
 

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I think I'll stick with just aapl and rimm until I get use to this scalping thing

Glen
 
short closed

silly trade
 

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lost on last trade = -$73.6

total for tonight = +$115

review/ lesson = don't take silly trades without set up close to close!
 
with the news today and the indu being o/b on dailies, i don't think i would have taken any longs today if i had been trading all day.

on this bases the 10min macci on indu gave very good entries for shorts

Glen
 

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with the news today and the indu being o/b on dailies, i don't think i would have taken any longs today if i had been trading all day.

on this bases the 10min macci on indu gave very good entries for shorts

Glen

Quite true Belfan-however, there were a few good long entries also for WFT, AApl and SLB which met the conditions of the strategy.
We are in quite an interesting economic climate imho-as the volatility is quite high in the market, it gives us very good intraday opportunities giving a good chance to practice the strategy; after a few quarters when the volatility drops then swing in combination with intraday (intraday only for very low risk and small profit trades) should be good bread earners if we can pick up the knack ......time will tell....
 
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I need to pay more attention to position sizing,

i just realised i've been change data compression and changing my position size at the same time (doh) need to open another radar

Glen
 
reason for above trades =

10min 5min o/s at previous turn level

stock strong related to indu

not bad entry as stocks fallen of a bit

glen
 
my entry not looking too clever now

Glen
 

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