isa's short term trading journal

[SlipperyC]

Here's a quick snapshot of my 15min chart from today showing what looks like support at 7370 area. Crucial here, if it drops through then its 7340-50.

 

[SlipperyC]

DAX LONG update: out for -9 (£2/pt). Stop too tight.

 

[SlipperyC]

new trade

last try!

DAX LONG, £2/pt, 7366. Stop: 7358. Target: 7400

 

[SlipperyC]

DAX LONG update: stop to b/e+2 (7368)

 

[SlipperyC]

DAX LONG update: stop to b/e+4 (7370)

 

[SlipperyC]

DAX LONG update: closed at 7376 for +10 pts.

Resistance area. Going to take time out.

 

[SlipperyC]

New trade

DAX SHORT: 7382, £2/pt. Stop: 7390, targets: 7350, 7300

 

[isatrader]

SlipC, remember what you said the other day about over trading being your down fall. Maybe take some time off. You've had a good day already.

 

[SlipperyC]

Yes, thanks for keeping an eye out isa.

Just find it difficult to switch off sometimes when things start moving!

I'll let this one ride for now then keep 'hands off' for a couple of hours.

Should be quiet this PM with Presidents Day.

 

[isatrader]

Update on SYR.L short. It hasn't made a new low today, so still watching to see which way it will go. Am considering a stop order below the support though to catch a breakdown.

I've also worked out how to get my 3ATR channel on the stockcharts chart, so I can analyse it more effectively.

 

[SlipperyC]

DAX SHORT update: stop to b/e+2 (7380)

 

[SlipperyC]

DAX SHORT update: closed at 7356 for +26.

 

[SlipperyC]

oops. way tooo early.

P.A.T.I.E.N.C.E.

 

[SlipperyC]

new trade

DAX LONG: £2/PT, 7324. Stop: 7310, target: 7375

 

[leonarda]

new trade

DAX LONG: £2/PT, 7324. Stop: 7310, target: 7375

you're on a role today! can't say much for my account today, down quite a bit....

 

[isatrader]

Bullish Percent Indexes

Attached is the bullish percent indexes for the S&P 500 and the New York Stock Exchange. This current bull trend is now at the highs of the last 10 years. According to my point and figure book this doesn't mean a reversal is imminent as it can stay this way for ages. But that you should be more cautious, tighten your stops etc. Anyway, below is the charts.

 

[SlipperyC]

DAX LONG update: stopped out for -14 (£28)

 

[SlipperyC]

new trade

DAX LONG; £2/pt, 7291. stop 7280, target: 7350

 

[SlipperyC]

quick one!

out for -11 (£22).

Time to step back I think.

 

[SlipperyC]

new trade

DAX LONG; £2/pt, 7270. stop 7260, target: 7300