Sunday, December 9, 2012

Ironing out some issues..

Had a few issues when I finally went live on the new platform which have now been resolved..I also had internet problems which meant that it wasn't until Friday that I was finally able to fire off a couple trades..
First trade was on ueps..has been running up and expecting a bounce back down ..the ideal setup is the parabolic push up and then build into a short..took first position on the run up and then added on the continuation move risking to the 50s..scaled out on the fade as it started moving lower..
Bit slow midday I eye'd a few trades but did not pull the trigger..then noticed the action on groupon it was hovering around the day's highs and grinding slowly but always holding the slight uptrend..another preferred setup as this usually leads to a breakout..entered a bit early and was caught in the grind a bit but then it started perking upwards and once the new highs hit, some volume came in pushing it up nicely..i took 20 cents but in hindsight could have held for more..then grabbed the parabolic move over 50s for a quick bounce back much like i used to do when scalping the euro..grabbed a quick 6 cents on that pull...traded with smaller size as still getting a feel for the platform but not a bad day..went out in the afternoon to run some errands and missed the huge fade off the big run in cbmx a couple friends rode it for over $1 a share ah well lol

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