active trades updates/notes

as my primary focus on this site has been working out the bugs, i'm finally getting a chance here to update a lot of trades that were moved into the "Active Trades" category.  here's a list of the recently active trades, some of which were stopped out, some of which have hit or exceeded their profit target(s) and others that will remain "Active" for now.  keep in mind that a trade may be categorized as both "Active" and "Completed" or even stopped out as every trader or investor has different trading styles, holding periods, risk parameters (stop allowances), etc... [...]

Jan 23, 2012 12:27pm|Categories: Completed Swing Trades|Tags: , , , , , |Comments Off on active trades updates/notes

SFI 1st target hit

SFI current trading at 7.18 as i type, which is the first target (T1).  consider taking full or partial profits and/or moving up stops.  there is a 2nd target zone on chart for anyone who likes the pattern and wants to hold on but i will be moving SFI to the completed trades at this point and may or may not posts anymore follow-ups, as it might drop off my radar.

Jan 23, 2012 10:12am|Categories: Completed Swing Trades|Tags: |Comments Off on SFI 1st target hit

SFI update

SFI was recent posted as a symmetrical triangle pattern that could break either way.  it triggered a long with an upside breakout shortly after posting it and continues to move up nicely.  however, ideally you want to see increased volume following a breakout and that has not been the case so far with SFI.  price action always comes first and all other indicators are a distant second so if long, just make sure to use appropriate stops.  unless the volume starts to come on on SFI, i will probably exit at or just below T1 (1st target).

Jan 12, 2012 12:09pm|Categories: Completed Swing Trades|Tags: |Comments Off on SFI update

SFI triangle pattern

this one could break either way.  targets marked on chart for both and upside breakout of the triangle pattern or a downside breakout.  SFI daily chart.

Jan 9, 2012 12:39pm|Categories: Completed Swing Trades|Tags: |Comments Off on SFI triangle pattern