Went long about mid day when Buy Line was at trend support and V Stoch curling up. Changed stop at EOD to trailing stop of 12.50 points (= 1 ATR). Not much else to say at this point, Elliott count is still an open question as per weekend posts.
Monday 4/19/10 wrap up
Went long about mid day when Buy Line was at trend support and V Stoch curling up. Changed stop at EOD to trailing stop of 12.50 points (= 1 ATR). Not much else to say at this point, Elliott count is still an open question as per weekend posts.
CYCLE - Green - I, II, III, IV, V - A, B, C, X PRIMARY - Red - I, II, III, IV, V - A, B, C, X MAJOR - Blue - 1, 2, 3, 4, 5 - a, b, c, x INTERMEDIATE - Purple - 1, 2, 3, 4, 5 - a, b, c, x MINOR - Red - 1, 2, 3, 4, 5 - a, b, c, x MINUTE - Green - 1, 2, 3, 4, 5 - a, b, c, x MICRO - Black - 1, 2, 3, 4, 5 - a, b, c, x NANO - Black - (1), (2), (3), (4), (5) - (a), (b), (c), (x)
Manage apple orchard & processing business full time - trade part time
Traded cattle futures professionally for family meat packing company in 1980's
Also traded stock indexes for own account
Won the US Trading Championship - Options Division in 1986 (500%+ return in 4 months)