6J
Open:
Long 2 @ 1.1298. 60m VC Doji, 12 ticks half stop loss at 2 ticks below the low of 30m bar, and 18 ticks at 2 ticks below the low of the 60m bar. Targets are 10 ticks and 30 ticks or open/trail.
Close:
1st: Sell 1 @ 1.1308. First target hit, 4 tick heat. Raised stop loss to +4 ticks for the trade at 2 ticks below the current 30m bar.
It got to as high as 11315, I raised the stop loss to the entry price and locking in $125 for the trade.
2nd: Sell 1 @ 1.1298. Stopped out.
2 contracts $125 gross, $110.52 net.
Wednesday, January 23, 2013
20130123-3
20130123-2
GC
Open:
Long 2 @ 1693.0. Retest of a trendline break, also the failed reversal of the diamond pattern that I traded last time. 30 ticks stop loss, may have to raise it if it the retest fails, targets are 10 ticks and 30 ticks at 1695 resistance.
Close:
1st: Sell 1 @ 1692.5. Took myself out once it fell into the trendline again and raised the stop loss to -20 ticks at 1991.0.
2nd: Sell 1 @ 1694.5. There was a lot of orders on the bid side at 1695.0, I figured it would be difficult to get my order filled and closed out the trade 5 ticks short of the original target.
2 contracts $100 gross, $86.12 net.
Open:
Long 2 @ 1693.0. Retest of a trendline break, also the failed reversal of the diamond pattern that I traded last time. 30 ticks stop loss, may have to raise it if it the retest fails, targets are 10 ticks and 30 ticks at 1695 resistance.
Close:
1st: Sell 1 @ 1692.5. Took myself out once it fell into the trendline again and raised the stop loss to -20 ticks at 1991.0.
2nd: Sell 1 @ 1694.5. There was a lot of orders on the bid side at 1695.0, I figured it would be difficult to get my order filled and closed out the trade 5 ticks short of the original target.
2 contracts $100 gross, $86.12 net.
20130123-1
GC
Open:
Short 2 @ 1691.4. 60m Diamond Reversal, 20 ticks stop loss at just above the high before the break-out, targets are 10 ticks at just above the low of the pattern, and 50-60 ticks at the projected target of the pattern also the 1685 support.
Close:
1st: Cover 1 @ 1690.4. First target hit, 1 tick heat.
2nd: Cover 1 @ 1693.4. Stopped out.
2 contracts -$100 gross, -$113.88 net.
Open:
Short 2 @ 1691.4. 60m Diamond Reversal, 20 ticks stop loss at just above the high before the break-out, targets are 10 ticks at just above the low of the pattern, and 50-60 ticks at the projected target of the pattern also the 1685 support.
Close:
1st: Cover 1 @ 1690.4. First target hit, 1 tick heat.
2nd: Cover 1 @ 1693.4. Stopped out.
2 contracts -$100 gross, -$113.88 net.
Labels:
60m Diamond,
Diamond,
GC,
loss,
partial profit,
stop loss
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