Focus your mind, manage emotions, go with the flow.
Friday, February 26, 2010
cover WYNN
cover TNA
sold FAZ
15 minutes to go cover LVS short TNA
LVS
TNA
Took FAZ long and LVS, WYNN short
FAZ
LVS
WYNN
FAZ stalled so cover
FAZ creeping lower as markets are flirting with new highs
AS WYNN broke above consolidation it was a signal to go long. Time to take profits now. LVS shows entry and exit same time.
WYNN
LVS entry
LVS exit
Through the dead zone UAUA made new highs. Time to take profits
entry
exit
In choppy markets like this I'll take those profits
cover UAUA
cover TNA
Slim pickings out there at the moment, a good time to lighten up on the number of positions and not try to force any trades, wait for momentum one way or the other.
I will endeavor to post charts showing my daily trading activities in as real time as possible. However when there are fast market conditions there will be several minutes delay while I sort out my positions, then get around to posting the changes here. I trade off 5 minute charts in conjunction with 15 min. charts and pay close attention to 5 min. charts of the S&P 500 and QQQQ.