posted by Trader-X:
Go make some good trades and finish the week strong!
edit - there are some good thoughts/trades in the "Comments" section. I will post charts later this weekend.
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Trader-X
Becoming Solution-Focused in Our Trading
1 day ago
11 comments:
X, you kicking off early to go see the DaVinci Code? Or did the neg reviews scare you off?
Hey Brandon - I have a full weekend, so I will not catch it until next week. Not worried about the reviews...there is so much "noise" out there from people protesting and bashing, I don't think it will get much of a fair shake. But, box office will probably be big and I am excited...I highly recommend the book.
Have a good weekend.
I have been sitting on FINL forever waiting for it to fall, but it just will not. What a frustrating Friday!!!
lol - are you ready for the big finale Monday night, Jack?
I found myself short FINL also, but I was long FL which has worked out quite nice.
Good luck with the remianing hours. Honor your stops!!!
Cool, I just realized we could post a webpage. Here is what I want to do as soon as the market closes!!!
I am short FINL too!! Using 30 min charts....on advice from TraderX.
I am also short FINL - seems we are all trading the same thing today. I closed some profitable positions already, and this is my last open one.
I will close for scratch if it moves above the recent pivot at 12.25.
And, I am seeing "The Da Vince Code" tonight, so I will let you know what I think.
And, lol Barb.
X.....i had that FL also...nice 30 min setup.....im also long AAP 30 min "B&B"...well see what happens.
I just took profits in FINL...patience pays off. Good weekend all. Jack
Chalk another one down for FINL. Like X, I was also long in FL, which worked out. I attempted to short HIBB on the break of bar 2 low (15min), but I accidentally entered my order incorrectly! -- this is my first week of active trading. I'm working to minimize these types of careless errors :) Finally, I was stopped out of AMD (entered long on the 3nd bar high (15min)).
X, did AMD look like a good setup to you? Although it traded in the lower 50% of the OR bar, it closed strong into the upper 50% of the OR real body with a green hammer. I didn’t really like the upper shadows on bars 1 & 2 but I was sold with the hammer.
Anyway, I've learned a vast amount of invaluable information from X's blog/trades and everyone else's comments regarding their trades. Thanks and have a nice weekend!
X, on these slow days we all focus on the same thing. A testament to you no doubt! Sold FINL at exactly the 1/2 point between the low and the Fib ext.
Thanks for the blog - this was my most profitable week this year. I'll give a little something back to Good Karma. Keep up the great work and thanks for sharing. TJ
PS - hey Barb, I am going to enjoy a XX!
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