Charting some intermediate levels on the XLE looking for possible resistance near targeted MM higher, bought ERY 4/30 after doji gravestone candle failed hold new highs 4/29. There was a small divergence at the 5min XLE to this failed new…
ERY Another Try
My prior “trade” in ERY lasted 4 months. It was a mistake that I got out with a profit. I was not in control of my risk. In reality I did not learn anything by holding this long with a…
Trying To Position Short
Time has flown, and so has the market. I have not been on the right side of the trade, but mostly flat on my short positions as of today. Scary intraday red candles have not been victories for the bears.…
SDS December Swing Trade Progress
On 11/30 I began echoing a previous SDS trading plan to scale into SDS. With half position size on 12/6/11, I decided to double down my position in anticipation of a turning point. 12/6/11 I noticed some flattening in the…
SDS October Swing Trade Review
I haven’t written specific analysis in a while and just wanted to jot down a run-through of my thoughts and two specific trades over the past month. Many of the specifics mentioned can be found in my StockTwits stream during…