GG, X

Had 2 trades in GG today. In the morning , shorted it on the break of 2nd bar low. Got stopped out for a loss. Shorted again as shown in the chart when GG tried to rally, found resistance from the sloping 20 EMA and on it's way down formed a NR7 inside bar. Covered at PDL.

X gapped down, 2nd bar breaking ORL. It then consolidated sideways and the 8th bar tried to move above 5 EMA but found resistance from ORL. It was off ORL, off the EMA and closed weak. Shorted on the break of 8th bar low. Covered half at near the whole number and the remaining at fib. extension.

ROST

Entered on the break of 2nd bar low. 3rd bar found ORL as resistance. Took partial at S1, moved remaining to BE. Covered the balance near $45.


Simple trade. 2nd bar is an inside bar. Entered long on the break of 2nd bar high, sold at R2.


This one was a loser. Entered on the break of 2nd bar low. When price moved back into OR, sold for a loss. It then moved to my target. It provided a very nice entry on the 7th and 8th candle which I did not take.

July 22 trades

Keeping the post brief. I also had a couple of losers and some other trades too apart from the ones posted below.


Tried to use TraderAM's style of trading.  5th candle saw some retracement and was off the ORL and 5 EMA. Short on the break and covered for a $1 profit.

Kind of a double top with momentum divergence on oscillators. Very choppy action. Covered at ORH and previous support - $95.40

PDL acting as resistance. Short on the break of 2nd bar low and covered at ORL.