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Friday, November 26, 2010

#12-20

12-saw a reversal hammer form on 5min from the push down so i thought price might try to push up higher so i wanted to wait on yellow telling me OB and to short. Got yellow, shorted and exited at the spine +8
13-same trade +8
14-price pushed higher, was going to enter at 31(my area from earlier) i had yellow but I got distracted did not short at 31 but it stretched higher to the 37 area from earlier and I shorted there, went against me but i had the 50sma coming in play at 43 so i added there. Exited at the spine +5
15-priced dropped to 31 again and went up to 37 then came back down to 31 where i bought exited at 37 +6
16-price hit the 50sma i shorted exited at 37 +5
17-bought again at 31 exited the spine, should have waited for 37 +4
18-took the buy on the stretch down exited at 31 +5
19-got yellow again at 43 50sma and i shorted again should have held to 37 but it was quick +3
20-shorted once again off the high +4. SHOULD HAVE HELD THIS as it dropped back to 11 IDIOT!!!

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