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.