03/22/2016 RECAP

AG / BBG / SRPT / X

1st red day for the month.  small red day, but still red.  was just wrong today, but followed my stops and took trades off when i was wrong.  progress from my past actions!  

BBG i started short a bit early, the gap down threw me off.  my plan from the night before was looking for 6 test and fail for a 5.50 wash. 

SPRT traded really well for the morning, then i went short again, thinking it might fade even more.  since my 1st entry was way too early, when it did fade, it ate into my profit from the morning. 

X i was looking for pops toward 15.20 risking 15.40.  opened weak and failed at 15 so i got short.  i only had partial position, so when it washed, i was trying to be too patient.  i should have just taken the quick profit, especially when it came back and held a higher low.  added more at 15.20 using 15.30 as a risk, thinking if it didn't break down at this level it could go a lot higher.  took it all off for very small loss. 

AG i was looking for a parabolic type move, when it didn't happen and broke the 9ema, shorted some. added more when when it broke 6.90, took it all of 6.7s and 6.8.  i was looking for a bigger wash, but given how the other trades were going, and how the SPY was trending, decided to just take the profits.