Jampone takes an awesome short. - TradingApples.com : Trading Courses, Coaches, and Mentors

SergeanTrader · February 24th, 2010, 07:55 PM

Our Brazilian Trader made a great short call on a swing trade and took a good profit today. Be sure to check out his journal.

Quote:

Originally Posted by Jampone

Hi Traders,
Well I had 4 daytrades today, the first was a loss and then I had 3 gains for a total 80 profit.
As I see that the market´s run up is IMO running out of steam ( I´m not sure if the expression is correct) I opened a short swing trade today.
I decided to enter in the last 30 minutes of the market.
entry : 12,66
stop: 13,16
target : around 11,50 - 11,00 area
shares: 400
here is the chart.Let´s see if I can get a positive outcome.

Jampone · February 25th, 2010, 11:28 AM

Hi Sarge,
First of all I want to wish you success as the new TA community host.
Thanks for pointing this swing trade.
Jamp