20070412 - ANF - 15mins - Mrs. Gain

I think this is a bad one to miss, even when it is on paper! (ANF) prices gapped up in the opening and drew backwards immediately. Prices retraced back to the Opening High during the next 4 candles. The 6th candle went beyond the Opening High, with a Doji-like shape completing the 7th bar. I thought about entering towards the end of the 8th bar. But the 8th bar was a rather weak bar with prices closing at its low. The next bar was similar to an inverted-hammer, and basically, the prices just took off from there. I believe that there are another opportunity near the 13th bar high. But I am not too sure. (Please feel free to voice your observation!)

Anyway, the prices went all the way beyond the %161.8 Fib. Ext. But I could only watch!

20070315 - LEND - 15mins - Mrs. Gain

Symbol: LEND
Type: Long
Entry: Beginning of 12^th bar (to be safe.)
Exit: Opening of 16^th bar
Result: Would have been a good +5% gain

This is merely a different approach that I am trying to document.

20070315 - LEND - 15mins - Mrs. Gain

Symbol: LEND
Type: Long
Entry: Beginning of 6^th bar
Exit: I would have exited at 119% Fibonacci Level because I’m still a rookie!
Result: It hurts to mention when I just sat there and watch!

Due to my inexperience in this field, I have to admit that I just sat that and watched this running away from me! I was just gun-shy and failed to execute. I guess this is exactly the learning curve that I have to climb.

20070314 - AFFX - 15mins - Mrs. Gain

Symbol: AFFX
Type: Long
Entry: Beginning of 5^th bar
Exit: 6^th bar at the 119% Fibonacci Level
Result: Would have made almost 2.0%

I didn’t like the 1^st bar too much because of the long upper and lower shadow hinting a bit of uncertainty. Still, the prices retraced slightly during the 2^nd and 3^rd bar, with the 4^th bar finally breaking through the opening bar high. The 5^th bar cleared the opening high, with 5eMA providing a close range Support. I would have entered on the break of the 5^th bar and close out by position when the price hit the 119% level.

20070313 - KLAC - 15 Min - Mrs. Gain

Symbol: KLAC
Type: Short
Entry: Beginning of 17^th bar
Exit: 19^th at the 119% Fibonacci Level
Result: Approx. +0.5%

Gapped own on opening with a fairly weak 1^st bar, with a fairly long shadow. Prices retraced back to near the Opening Range High followed by another fall towards the opening low. The 12^th bar broke support established by the 1^st and 3^rd bar, and tested the 119% Fibonacci level. The 13^th and 14^th bar retraced back with the 15^th thru 17^th bar testing, and confirmed, Resistance. An entry could be made during the opening of the 17^th bar, and exit on the 19^th bar at 119% Fibonacci, or even at the last bar, which is the 138% Fibonacci.

20070313 - MRVL - 15mins - Mrs. Gain

Symbol: MRVL
Type: Short
Entry: Beginning of 11 bar
Exit: 12^h bar at the 119% Fibonacci Level
Result: Would have gained almost 1% @ 119%

MRVL gapped down on opening leaving a mildly strong opening bar with short upper shadow and a long lower shadow. It tried to test both the opening high, and low, within the next 2 bars. Prices began to retrace towards to opening low with the 5eMA closing in. I would have entered on the 11^th bar with Resistance protected by the 5eMA. In action, I would have exited on the 12^th bar when the price reached the 119% Fibonacci level. However, you can also see that once the price has reached the 119% level, prices began to retrace again, pulling the 5eMA closer. It even broke loose the 119% later and continued to fall to the 138% level.