jamp_one´s trading Journal - Page 18 - TradingApples.com : Trading Courses, Coaches, and Mentors

Jampone · February 19th, 2010, 05:52 PM

Hey Shoot,
The credit for a play like that goes to you, you tauch me the TTB. Thanks for stoping by.
A "friend" of mine, who plays Elliot waves, bought 10 contracts when prices broke 1820 (in the first chart) then 2 point above his entry I told him that I was shorting the dolar and he didn´t understand why.

Jampone · February 22nd, 2010, 03:33 PM

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.

SergeanTrader · February 24th, 2010, 02:29 PM

Excellent looking trade Jampone! The charts you post seem to have some pretty good looking s/r areas.

Jampone · February 25th, 2010, 11:22 AM

Hi traders,
I closed my short swing trade yesterday. There was a nice down move, about 9%.
Entry: 12,66
exit: 11,75
Profit: 364
days of trade: 2 days
I was only able to short 400 shares because part of my capital is bloqued, so I can trade mini size futures index and in Brazil we have to rent the stock we want to short. To rent a stock I have to have 150% of the total value. Here is the chart.

pmccandless · February 25th, 2010, 12:02 PM

holy crap man. i'd say that worked out for ya. good job jamp.

pat

Jampone · February 25th, 2010, 01:35 PM

@ Pat
thanks. I wasn´t expecting this big move in only 2 days.

I took a nice daytrade today, entered short 2 mini size future dolar contract as I saw a nice resistence in the 30 minute chart.
Entry: 1840 my stop was at 1843
exit: 1830
profit: $ 100

pmccandless · February 25th, 2010, 04:44 PM

Another nice one man. A couple things would've made me a little less confident about that play:

It was the second time price had touched that level in a short amount of time and when it DID touch it the first time it didn't make it down very far. Its definitely the type of play I would take on the first touch for a few points, but great job having confidence in it buddy.

Pat

Jampone · March 11th, 2010, 03:56 PM

Hi Traders,

I haven´t been daytrading these past days but I started a position trade.
The entry was in the green narrow, the stop is at the red line and the target is at the yellow line.
I got long at 16,19
300 shares
today I sold 100 shares at 17,75, the rest of the position I am going to hold until the 19,00 level or until I get stopped out.

Shootanappleoffmyhead · March 11th, 2010, 09:27 PM

Quote:

Originally Posted by Jampone

Hi Traders,

I haven´t been daytrading these past days but I started a position trade.
The entry was in the green narrow, the stop is at the red line and the target is at the yellow line.
I got long at 16,19
300 shares
today I sold 100 shares at 17,75, the rest of the position I am going to hold until the 19,00 level or until I get stopped out.

Excellent trade Jamp,

Can't wait to see how many pips you pull out of this one.

Shoot

SergeanTrader · March 11th, 2010, 09:32 PM

Wow Jampone, that is a nice looking trade. I wish you the best of luck on your way to 19.00.