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Archive for the ‘Trades’ Category

The MNI Trade

MNI – Wow. What a move.  Luckily, I was positioned exactly where I needed to be to take advantage of the breakout.  I left a ton of gains on the table, but that’s ok.  I wasn’t in front of the computer, so the target sell orders were

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Added GMXR

GMXR – I really like the volume accumulation today and buildup of price under horizontal resistance.  Notice the higher lows, as well.  This could be something special (like MNI) next week.

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Sold APPLE, Small gain

Sold APPLE, Small gain

As a part-time trader, I take profits where I can. The market experienced nice gains this week on the backs of large gap ups in the morning thanks to European news and some decent economic numbers.   It was a tough environment to swing, from a risk

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Long Apple

I took a small position long in AAPL today.  See chart below.  It’s really hard to say where the strength is here.. could go either way, I’ll keep it in my pocket with a relatively tight stop. Entry: $383  

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