Sunday, July 18, 2010

Gap play - MAT

12 - well played and managed, cud hv done 1/2 sell later and got 3 R

Gap play - PLCM

12 - v well played and well managed
12 - well played and managed, cud hv done 1/2 sell later and got 3 R

Mega gap play - VVUS

7 - again well played, may hv entered a bit too soon, cud not sell it so got distracted and finally closed the deal with BE, was down 1R at one time

Rimm counter trend play

11 - well played and managed and sold, such plays may not work for long on such a down day, shud hv actually played this as a 5 min bar

Monday, July 12, 2010

X play

I had not identified this on a pre market, but played it since it formed a nice pattern. It was shaky n spready, hence the R's were not too big

12 - well played, the 5 min bars were too shaky with big TT, so bailed out cheap, else wud hv to leave it at all or nothing till 3R

SNDK play

Extremely well played, perfect RBI entry, on top of prior bars, at MA's and well sold too

THis was aggressive but was one of the good gappers today, caught it early and played it well. One thing to be done differnetly is the exit, sell on 5 min bars, but I sold some since I wanted to protect my profits.

Long time no commentary

I have been trading but did not put many trades since was too busy with Amma's tour and things at work. I will try to update from this week on...