I am still focused on a handful of stocks, and am waiting to see how the afternoon action shakes out. Look at these on your own - would you have taken them? Answer the three questions, and I will post my analysis on a few tonight:
NYX - a screamer early on, but in consolidation now (1/2 sold after $1 gain)
EDR - we have discussed this set-up a lot lately - will it make it back to the morning high?
ABM - moving off the bottom - will probably sell at the 34MA
ECA - Fibonacci extension hit
PG - just missed the retracement zone; position closed for a decent gain
> 1:45 (EST) edit - EDR closed (target hit), ABM closed (nice gain), 1/2 NYX still open but I have it on a tight leash.
> 2:45 (EST) edit - NYX closed - target hit; nice gain
And now something funny:
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Tags:
Trader-X, Stocks, Fibonacci, NYX, EDR, ABM, ECA, PG
Becoming Solution-Focused in Our Trading
5 days ago
3 comments:
I really dig this intraday post and how you updated it as you closed positions. Will you do this everyday? Thanks for your great blog.
Thanks for the kind words.
One thing - when you guys post comments, put in a name. You don't have to put an email address, just put in a first name (or nick name) so we don't have to look at "anonymous".
Regarding your question - no, I cannot do it every day. Trading is my first priority, but if I have the bandwidth and some down time during the day, I always try to post an update. Also, if I have someone working with me (every now and then), I sometimes have them type my thoughts and I don't have to take my mind off trading.
I appreciate the support. And, I will put up a few charts tonight, so check back.
Nice reversal at your target on nyx. Amazing.
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