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Dave's pyramiding journal


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Dave's pyramiding journal

  #81 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
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Swing Trader
 
Experience: Advanced
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Broker: IBKR
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Nice job. Given the volatile environment right now, trading is more risky than usual. There is a thin line between volatile = good, and volatile = gambling. Nonetheless, enjoy your long weekend

Mike

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  #82 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
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Yeah, I know what you mean. At the moment this market gives me lots of opportunities to capture movements of more than 1% in the indices but it's also very frustrating with all the sudden changes in the intraday trend. Tough, but interesting times.

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  #83 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
Thanks Given: 0
Thanks Received: 77


Bought CL at 97.10. I'm not sure if I really think stuff will keep going up from here today but it's worth a shot. What I do know is that I'm not bearish, not yet.

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  #84 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
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Thanks Received: 77

One more at 97.30. Stop at 97.10.

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  #85 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
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Thanks Received: 77

-20 ticks.

Long OMXS30, 1077, stop at 1074.

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  #86 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
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Thanks Received: 77

Bought 1 more at 1080. Stop at 1076.

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  #87 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
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Oil feels awfully weak but I'm long at 97.00, the support at 96.90 looks pretty solid.

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  #88 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
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OMXS30, -5 points.

Bought it again at 1076.5.

Edit,
Out for -2 points.

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  #89 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
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Long, 1071.25. Wrong side of the intraday trend but I got a hunch.

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  #90 (permalink)
davebowman
Sweden
 
Posts: 94 since May 2011
Thanks Given: 0
Thanks Received: 77


Added another one at 1074.25

Edit,
-20 ticks in CL.

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Last Updated on August 3, 2011


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