Friday thoughts

359
out of AA which didnt give much. tho TZA and NUGT daytrades were ok for a slow day, about 2.5% gains for all three

354
i will close the AA trade b4 the close

331
hit 1425 trgt es, may try 1428

249
78% still long bias,same trgt

242
1427 MM sell level atm on ES

241
MM just dropped both bids and asks,,,watching reaction,,possible invalidation and break lowr

234
suggests 1425 and 28 if the 21 holds

232
ES 76% long rang, but unusual tight and signal only valid while ES over 1421...usually is wider looser than that

150
Long in AA

1242
decided to close nugt cuz was only a scalp. have the AGQ for swing and other positions swing.  going out for awhile, may scalp again later. todays closed scalp tza 13.76--13.92 and nugt 9.84--9.95,,,about 1% gain on each

1239
changed my mind, took profits on NUGT sclap

1236
so , i've set my lim order on scalp to just under the MM level for NUGT, if i did the calc conversion right from GDX to NUGT,,,may adjust it later LOL

1233
4503 and 4560 MM buy sell levels on GDX atm, intraday, they are somewhat near but not exactly at the 15min boll bands

1230
1014 nugt trgt for now, may exit b4 then, scalp...have the agq for swing

1202
watching next 5 candles on NUGT 3min chart

1154
long NUGT

1142
tza will prob hit other targets, but its only a scalp so decided to exit on 1392 trgt from 1476 entry this morn, primarily because ES is near support and not wanting to stick around to see if holds bounces or breaks

1138
13.92 tza trgt was just achieved, still waiting on 1400,,,,,14.12 trgt but will take 1400 exit

1134
74% rang es

1109
1392 wuold be easier exit, trying for 1400 for now,,one could choose to hold longer but for now just scalping this

1108
watching here on the tza scalp now, to take quick scalp profit, no exit yet but may come in next 1--9 min

1059
72% sell signal intraday rang on IWM. also, MM gentle sell interest here


1054
1 trgt  1400 tza

1053
bull harami on 15min but uncfonfirmed one

1052
tza trade partial rational: bought 2nd lower low on 3min chart, after it based a few candles and began move up

1046
tza long 13.76. scalping only for now in tza

1019
when NUGT or GDX pulls back on the 15min chart, and then moves sideways basing, may present an opp for new long

Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".