"A man is not finished when he is defeated. He is finished when he quits."

Monday, March 29, 2010

March 29th


I had a couple hours to watch & paper-trade. I took one trade short at 3:10 pm and I thought it would be the "final breakdown" of Dreamworks before EOD. I was a couple candles early and when momentum stalled, I exited. I was doing something else when it finally did crack about 10 minutes later at 3:30pm. The 3:25 - 3:30 pm green candle which ended at the high of the 5-min range on weak volume was a good sign of reversal.

Friday, March 26, 2010

March 26th


Not much to say about this. I'll just post the chart and head out to dinner with the lovely Mrs. Bluecollar.

Wednesday, March 24, 2010

March 24th


Its been a few trading days since I last posted so I'm putting up today's results. Lately, I have been taking what time I have available for trading to study more than trade. That is, I have been doing intensive investigation into S/R as it relates to changes of direction in price. We'll see if it yields any results. The jury is still out. I continue to press forward, even when the outcome is uncertain. With 20 years to go before retirement, I feel like time is on my side.