Betting On Financial Markets
+64% since Start Date: 09 Jan 2015 (stats updated after each trade)
Sunday, 1 February 2015
Monday, 26 January 2015
+£14.75 BAC Long
Again simple trade (same as GE trade). Noticed price had returned to weekly demand so took a long entry off this level when daily price action reached it. I was hoping that there were either still unfilled buy orders sitting around that level or simply that there would have been a strong-ish demand /supply imbalance there.
Took profit around 1:1 on BAC, this is a likely fault. had been up a lot last week. On realizing that it had been near a 2:1 profit target closed out this trade as noticed some S&P daily supply overhead.
+£33.30 GE Long
Again simple trade. Noticed price had returned to weekly demand so took a long entry off this level when daily price action reached it. I was hoping that there were either still unfilled buy orders sitting around that level or simply that there would have been a strong-ish demand /supply imbalance there.
Took profit around 2:1 on GE, this is likely a fault!
Thursday, 22 January 2015
+£20.52 GOOGL Long
Pretty simple trade. Bought on a retest of an objective level of demand on both daily and weekly charts using HOLP (high of low period) on the hammer there. Tried this for the first time on the 12th January but got stopped out. RRR 2:1 (really should have held out longer to objective area of supply at the pivot high in late December.
Tuesday, 20 January 2015
Tuesday, 13 January 2015
-£2.42 LGEN Short, discretionary exit
Got short LGEN from a supply level originating from a pivot high. Exit entirely discretionary and no where near my stop or limit order. Been entertaining introducing a trailing stop at the high or low of trend bars and had I on this trade I would already be out for a small profit. Guess we'll see in the coming days whether I was correct...
Subscribe to:
Posts (Atom)