Friday, August 24, 2007

LIVE trading journal for 8/23: Day Trades

BRP is a momentum follow thru day-trade. Entered on the break above the 2nd cstick. Sold the position just before the close.

GME is a gap consolidation day-trade.

GRMN has pulled back after touching all-time high zone yesterday. The orderly pullback formed a FLAG price pattern. Entered on the break of the descending channel. The breakout did not follow through and the price plunged below the trendline which activated my stop.

3 comments:

Teddy DaRussian said...

please keep posting charts they help a ton - also where do you find the intraday stocks you are looking for (nightly scan or whatever), thanks for all the help!

MC said...

I try to do that as my time permits

Teddy DaRussian said...

thats cool - but not really the answer to "where do you find the intraday stocks you are looking for (nightly scan or whatever), thanks for all the help!"