Got caught blind sided on this one this morning. When I place a
trade, I obviously factor in the risk/reward of that trade and set
my stop and exit strategy before I put in the trade ... but things
like this, are the risk of doing business. The other thing I try to
factor in, is down gap, which is why I never got more than 6-8% of
my portfolio on any given position. Obviously got stopped out this
AM on this news "Announces Proposed Convertible Bond Offering and
Intention to Redeem 6.0% Convertible Debentures Due September 30,
2014"
This could be played long or short ... I just posted it because
it's consolidating within converging trend lines ... could well be
a continuation pattern and push lower, or breakout out to the
upside ...
as mentioned before, I'm not an expert a picking bottom, but
this ones seems to be in a right place to setup a long trade with a
trigger above today's high and a stop slightly
bellow today's LOD. Not sure if I will trade this tomorrow,
but it will be on watch list for sure
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Few other charts I'm looking for longs
Posted by mla127 on 23rd of Jan 2014 at 12:52 am
Some beaten up retailers and one IT
Posted by mla127 on 23rd of Jan 2014 at 12:48 am
Put on a watch for possible bounce
YCS (Short Yen)
Posted by mla127 on 23rd of Jan 2014 at 12:40 am
RSX (Russia ETF)
Posted by mla127 on 23rd of Jan 2014 at 12:34 am
Fresh meat !!! :)) Thx
Some tTade Ideas
Posted by mla127 on 23rd of Jan 2014 at 12:26 am
JKS / RSOL
Posted by mla127 on 22nd of Jan 2014 at 02:19 pm
WJA.to
Posted by mla127 on 22nd of Jan 2014 at 11:04 am
I'm short on this since yesterday ...
Risk of trading ... road side bombs and "Wall street type IED" ;)
Posted by mla127 on 22nd of Jan 2014 at 09:41 am
Got caught blind sided on this one this morning. When I place a trade, I obviously factor in the risk/reward of that trade and set my stop and exit strategy before I put in the trade ... but things like this, are the risk of doing business. The other thing I try to factor in, is down gap, which is why I never got more than 6-8% of my portfolio on any given position. Obviously got stopped out this AM on this news "Announces Proposed Convertible Bond Offering and Intention to Redeem 6.0% Convertible Debentures Due September 30, 2014"
Next ... ;)
My trading list for tomorow
Posted by mla127 on 20th of Jan 2014 at 10:25 pm
60m watch list for actionable setups
A few Canadian charts while the US aren't open ...
Posted by mla127 on 20th of Jan 2014 at 12:43 pm
BBBY
Posted by mla127 on 16th of Jan 2014 at 03:30 pm
looks like it's trying to bottom ... second hammer in a row ... we'll will see at the end of the day ... poking long starter on this with stop @ 66.75
HLT
Posted by mla127 on 16th of Jan 2014 at 11:49 am
new issue
TWTR
Posted by mla127 on 16th of Jan 2014 at 11:47 am
HL
Posted by mla127 on 16th of Jan 2014 at 11:38 am
Z 60m
Posted by mla127 on 16th of Jan 2014 at 10:40 am
This thing is a beauty ... Missed it, but this would have been a really nice technical buy this morning for a trade
AME
Posted by mla127 on 16th of Jan 2014 at 10:25 am
This could be played long
EXPR and WFM
Posted by mla127 on 16th of Jan 2014 at 09:40 am
This could be played long or short ... I just posted it because it's consolidating within converging trend lines ... could well be a continuation pattern and push lower, or breakout out to the upside ...
PVH
Posted by mla127 on 15th of Jan 2014 at 06:01 pm
EXPR and WFM
Posted by mla127 on 15th of Jan 2014 at 05:58 pm
BBBY
Posted by mla127 on 15th of Jan 2014 at 05:51 pm
as mentioned before, I'm not an expert a picking bottom, but this ones seems to be in a right place to setup a long trade with a trigger above today's high and a stop slightly bellow today's LOD. Not sure if I will trade this tomorrow, but it will be on watch list for sure