Exited that earlier BSY trade @ B/E: didn't like way it was looking
Remaining positions: long BA., BOC, BT.A, SAB & SDR; short BRBY
Will probably take profits on BT (unless it looks likely to close above magic 218 level) & SDR (unless it looks likely to close above yesterdays close)
Remaining positions: long BA., BOC, BT.A, SAB & SDR; short BRBY
Will probably take profits on BT (unless it looks likely to close above magic 218 level) & SDR (unless it looks likely to close above yesterdays close)
OK, taken profits on BT long @ 217 (opened @ 214.75 on 7/12). Will leave SDR running, looks like it's going to close above yesterday's high.
Expecting a major "Santa Claus Rally" in the latter part of next week. Keeping fingers crossed for remaining trades!
Have a good weekend everyone.
Cheers,
Mark
Expecting a major "Santa Claus Rally" in the latter part of next week. Keeping fingers crossed for remaining trades!
Have a good weekend everyone.
Cheers,
Mark
Yell's been my latest play from 495 to current position. Should be eyeing up an exit this week.
my new blog
my new blog
Morning all,
Well, my AVE trade closed for a 1 pip gain. Quite a long time in the trade for very little!
Have opened WKP this morning on a higher high / higher low swing.
Remain in SIG + but slow
LMSO - but recovering (fingers crossed on this one)
BGY & CSTL nicely + and stops above open
Had been hoping for a little more action on the run up to Chrissy, the "Santa Rally"!
Got LNGO & PO and the screener but so far they are not a trade.
Good trading to all
Dave
Well, my AVE trade closed for a 1 pip gain. Quite a long time in the trade for very little!
Have opened WKP this morning on a higher high / higher low swing.
Remain in SIG + but slow
LMSO - but recovering (fingers crossed on this one)
BGY & CSTL nicely + and stops above open
Had been hoping for a little more action on the run up to Chrissy, the "Santa Rally"!
Got LNGO & PO and the screener but so far they are not a trade.
Good trading to all
Dave
Morning all,
Big oops, my WKP trade stopped out for a loss of 9 points.
Still in SIG
BGY
LMSO
CNA
AVE is peeking back on the screener as the down move that closed me out a day or so seems to have reversed and brought us back into the trend channel.
LNGO & PO still on watch list but not developing.
What has happened to our Santa rally?
Good trading,
Dave
Big oops, my WKP trade stopped out for a loss of 9 points.
Still in SIG
BGY
LMSO
CNA
AVE is peeking back on the screener as the down move that closed me out a day or so seems to have reversed and brought us back into the trend channel.
LNGO & PO still on watch list but not developing.
What has happened to our Santa rally?
Good trading,
Dave
'morning Dave,Euro_d said:
Seems a bit late this year (maybe selective too). Fortunately my trades are OK at the moment...expecting to take some profits today. From next week I'll be off, so I'm a bit constrained on time. Looks like the rally is having some impact across the pond but hasn't done much here - yet.
Good trading!
Mark
barjon
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mornin' all
Being a bit cautious at the moment. Don't know about you, but prices seem to be darting about all over the place with sharp sudden moves almost instantly reversed - plays havoc with stops and need to be particularly fast fingered to benefit the other way. That time of year I guess.
Currently long blnd (first target reached) and av (hovering around entry point)
good trading
jon
Being a bit cautious at the moment. Don't know about you, but prices seem to be darting about all over the place with sharp sudden moves almost instantly reversed - plays havoc with stops and need to be particularly fast fingered to benefit the other way. That time of year I guess.
Currently long blnd (first target reached) and av (hovering around entry point)
good trading
jon
Hi Jon,barjon said:
Agreed! Shame I was away from my screen when SMIN hit a massive high this morning - still I've got a good profit guaranteed now on that - unless I decide to run it overnight.
Just taken my biggest ever profit (scaled for 25% size I'm trading at): closed SDR long @ 952, opened @ 895.33 on 21/11. Am watching remaing trades carefully: may have to accept a moderate loss on SAB long, if it starts moving down again. I think analysts are trying to work out the impact of Reid's defence strategy statement on BA. (too complex for me). My stop on that is pretty tight now, so if they don't like it my loss on that will be small.
Want to exit BOC today, so watching for optimal exit point (might be at the close).
Best regards,
Mark
Well, the market doesn't seem to like the defence statement much, so took small loss on BA. long @ 345.25 (opened @ 347 on 2/12).
Also stopped out of SMIN long for a nice profit @ 1029 (opened @ 984.5 on 12/12)
..and loss taken on SAB long, stopped out @ 1025 (caught out by one of those sharp swings, as my stop was at 1029) after raising stop (opened @ 1054.5 on 24/11).
So, all I've got left now is BOC long, which I intend to exit before today's close. Not too bad a day considering Santa isn't being very nice to us so far...
Perhaps I'll top up on some BP shares (long term investment) as they're nice & cheap today...
Also stopped out of SMIN long for a nice profit @ 1029 (opened @ 984.5 on 12/12)
..and loss taken on SAB long, stopped out @ 1025 (caught out by one of those sharp swings, as my stop was at 1029) after raising stop (opened @ 1054.5 on 24/11).
So, all I've got left now is BOC long, which I intend to exit before today's close. Not too bad a day considering Santa isn't being very nice to us so far...
Perhaps I'll top up on some BP shares (long term investment) as they're nice & cheap today...
...and taken small profit on the BOC long @ 1163. Opened @ 1145 on 5/12.
Well, that's my trading finished for this year. I'm off on an extended Christmas break, back in late Jan, once I've analysed the results of my new trading methods (and seen what modd the market is in then)..
Have a good Christmas and a profitable new year everyone!
Best regards,
Mark
Well, that's my trading finished for this year. I'm off on an extended Christmas break, back in late Jan, once I've analysed the results of my new trading methods (and seen what modd the market is in then)..
Have a good Christmas and a profitable new year everyone!
Best regards,
Mark
