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AbeSmith

8/28/07 General Trade Log / Idea Sharing

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I usually don't post trades on this thread but I'm leaving for the day so I thought maybe someone could glean some insight.

 

First red circle is where I initially sold 5. After a test of the previous swing high, there was no demand.

 

Second red circle is where I added another 5 after a test/stop run and additional weakness.

 

Yellow circle is where I exited after the downward move had exhausted itself and it was vulnerable to a pullback.

 

Green lines are roughly where my trailed stops were placed

 

Simple price/volume/pattern analysis, nothing more.

er2.thumb.jpg.9e003dd12d825d247ab7ed02dc33a83c.jpg

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