Trades fro 17th April,2013

Trade 1

Short SWN             From our watch list.

                               Entry  36.15/Stop 36.31 

                               We got stopped out for  -.15 right away.

                              Reentry    36.14/Stop 36.25

                              Target    1  36.00               1/2 + .14
                              Target    2  35.90               1/4 + .25
                              Target    3  35.50              We got out all for   +.54
    
                              Later it dropped to 35.25

                             risk/Return    =  .09/.54  =  600%

                             Even though we took an initial hit in our entry    we reentered the trade and walked away
                             with a huge green trade!.
    
                             Can you reenter the same trade once you get stopped out?

Trade 2

Short  TXT                From our watch list.

                                 Entry   25.98/Stop 26.10

                                 Target 1         25.50                  It dropped fast       1/2 + .64!
                                 Target 2         25.00                  We added more at .74 
                                                                                   Final exit       all for + .48

                                 risk/Return  = .12/ .64    = 533%

                                                                                    

                                 

Trades fro 16th.April ,2013

 Short AU                 From our watch list.  We  entered Au twice today.

                                Entry 19.23/ Stop 19.30

                                Target 1          19.00                       1/2 + .23
                                Target 2          18.50                       1/2 + .63    

                                risk/Return  =      .07/.63 =   900%                    

                                Second entry    18.48/Stop 18.55

                               We took all fro for + .23

                               risk/Return     =   .07/ .23  =   300%

Trade 3

Short  AMTD                From our watch list.

                                      We got stopped out 3 times from AMTD fro a total of -.14

                                      We walked away.

                                   

Trades for 15th April,2013

Trade 1

Short MRO               From our watch list

                                Entry 31.82/Stop 31.95

                               Target  1  31.65                           1/2 + .17
                               Target  2  31.40                           1/4 + .42
                               Target  3  31.00                           Target hit but it was too fast we only got +.62

                               risk/ Return     = .13/.62    = 476%


Trade 2

Short HRS                  From our watch list.

                                   Short  43.42/Stop 43.50

                                   Target  1           43.20               1/2 + .22
                                   Target  2           43.00               1/2 +. 42

                                   risk/Return   = .08/.42  =525%

Trade 3

Short INFI               From our watch list.

                               Entry  38.92/Stop 39.01

                             Target    1        38.50                      1/2 +.42
                             Target    2        38.00                     But we closed the trade  1/2 +.67

                              later it dropped to our target @38.00

                             risk/Return    = .09/.67  = 744%

Trade 4
                           
We were in EMR     we took  1/2 for +.17 and the rest we got stopped out.

 We called it a day.

 Great day at the river today.  Our bucket was full and we walked away happy.

 Tomorrow is another day at the river.