Mouro Trading Journal

This is my personal trading log that I have made public, none of these trades are recommendations for your own trading. You are responsible for your own trading decisions and actions. Not me. This blog is my way of journaling because I am lazy and I don't know a better way of staying motivated to do it. I post daily and 4hr charts with Acceleration bands (20 prd), %R (30 Prd), and other indicators. I use Price Headley's methods and my favorite setups are %R retests outside the Accel bands.

Showing posts with label ADS. Show all posts

Saturday, July 10, 2010

Outside the band

Retests outside the bands today include the following:

Long:
None

Short:
TEL, ADS

Inside the band long retests include the following:
JNJ, BND, ESV, NU*

NU has a caveat in that %R (79.72 today for NU) when rounded up is still at 80...so its kinda sorta but not really a retest.

Also a few days ago I said that BJ was a retest, this (my friend Shilpi) pointed out was not true as BJ did not actually confirm on %R prior to retesting.