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Wednesday, April 26, 2006

Wednesday's action

posted by Tom C:

ATMI was a nice short...I still have positions I am in and waiting for them to unfold.

Post your thoughts and trades, and I will put up a chart later.

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9 comments:

5150 said...

FLSH....bread and butter 30 min....see what happens....

Dave C said...

Missed out on a few trades, but I did manage one quicky: LEA, break off the third bar high. Extension was hit within 10 minutes after that!

Anonymous said...

CHH has been very good to me today. Sam

Zoomie said...

Long CAKE off 2nd hammerlike...scratch trade. Long GM off 2nd hammerlike, was quick hit to fib extention. Tom, would you have taken CAKE? In hindsight, it didn't provide much risk/reward to fib extention even if it had worked. Good tradin all!!

Zoomie said...

A comment for comments. FWIW, when you post a comment, you need to choose an identity. If a username is already typed in the space for you, you STILL must choose "Other" as an identity if you are not a registered blogger. Otherwise you will show up as "Anonymous". I just think it is cool to see all the regular posters here!!

Trader-X said...

re Cake: the problem I have is the tails on the first bar - long upper and lower are very indecisive. So, even a strong second bar didn't outweight that for me. Same with GM, but it turned out to be a good trade for you.

Charles said...

rfmd is like a turtle, but has been a good trade.

5150 said...

Pulled 1.00 out oh FLSH.....just shorted some SAH on failed break out 30 min....

Barb said...

Fisv off the 4th bar