August 16

Around lunch time, I looked in on the markets for a couple hours. TNA was moving so I focused my attention there.
I was wrong on my first read, going short at the $36.15 S/R level. TNA continued its rise and instead of stopping out, I added to the short at the $36.62 S/R area.
Well, wrong read again... up it went. In the $36.90 area, it seemed that momo had waned and I then hit it harder with three more trades short. I then waited, unwilling to short anymore. After a protracted consolidation area, the break came. Being late for two customer estimates, I scaled out into the initial strength of the move.
The move continued for a while after I was gone, bottoming out about an hour and ten minutes later at $35.44.
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August 13th Friday

No trades, no time in front of the computer at all. Busy with the day-job...

August 12th

I got a chance to watch the market for the last hour and made two simulation trades in TNA. Mostly I watched the action, however, with attention to the momentum around critical levels of S/R and the moving averages. Love that volume spike and doji combo at the 3:10 pm candle... great high-percentage short opportunity. I took my two winners out of that downward move.