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Overbought


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#21 CLK

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Posted 10 May 2018 - 09:31 AM

Normally I wouldn't without a tight stop, but I 5x the value of my trading account in my crypto account this week, so in reality

I'm only risking 10% of my total gains on the week. I wouldn't carry all in trade overnight like that, close to where I bought in at,

stop might not help me.


Edited by CLK, 10 May 2018 - 09:31 AM.


#22 CLK

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Posted 10 May 2018 - 01:26 PM

Took 25% off, part from the other day, almost a double on that.


Edited by CLK, 10 May 2018 - 01:26 PM.


#23 CLK

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Posted 10 May 2018 - 02:17 PM

Took almost all the rest off, somebody posted something and they are batting 100% short term.



#24 CLK

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Posted 11 May 2018 - 08:36 AM

Opened small short on AAPL near 190.  Eleven day run needs some profit taking. 

 

 

 


Edited by CLK, 11 May 2018 - 08:41 AM.


#25 CLK

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Posted 11 May 2018 - 08:48 AM

Internals down, bounces will fail.

 

 



#26 CLK

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Posted 11 May 2018 - 02:08 PM

Took profit on AAPL, will re-open at the close or on new lows.



#27 CLK

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Posted 11 May 2018 - 02:23 PM

Buy stop set at $3.  Internals are dropping again.


Edited by CLK, 11 May 2018 - 02:24 PM.


#28 CLK

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Posted 11 May 2018 - 02:46 PM

Back in at $2.69.



#29 CLK

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Posted 11 May 2018 - 02:59 PM

Thought about doubling up but I want to wait for Monday to make sure the market is selling.



#30 CLK

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Posted 11 May 2018 - 03:05 PM

It almost looks like scorch for Monday instead on ES, how they turn the 4 hr MACD UP from here

though looks unlikely, too high with divergence.