And There It Is...Target Hit!

Afte the pull back, TNA went on to hit my projected target (Orange Line) on HUGE volume. Looks like some big money traders had the same thought...

Not quite there...

My prediction for $53.77 did not quite come to pass., as denoted by the orange line on my earler chart. TNA got to $53.60, created two dojis, then reversed as shown on the chart to the right. Price pulled back from the HOD, consolidated, then has dropped nicely in the most recent candle on the chart.

I have not taken a second practice trade today thus far. I am content to watch and learn...

Exit, nice pop and not waiting to stop it out...

I used discretion instead of rules here. It violates my rules of exit but it sure seemed like momo had stalled; +60 cent winner.

Red line was my stop. Green the entry, Orange horizontal line above is my target area for any continuation move up...

The short orange line at the 9:50 cnadle was my "impulse" buy spot that I did not act upon. It seemed like the "sucker's bet" spot to go long.

first of the day

In long on the first of the day. Not sure about this one... I am expecting to get "punked" by the big players driving price down to trip stops. But,

I am going to go back to my exit rules and see what happens... I wanted to take profit at $52.70 with a 40 cent gain. But, I 'll stay in to see what happens. Price is dipping again toward my entry line.

Great Quote

"It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it."

~Thomas Sowell

April 15th - Photos

On April 15th, the weather here in the northeastern US was perfect and we got on the motorcycle and rode. Here are a few photos from our trip through the Maine & New Hampshire border area. Second down from the top is a 2011 photo of our ride.