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Trade Review

Today I made two trades in AAPL, the first was not profitable, the second was. The difference was waiting for the setup. 

I will try to review my trades in the future to help newbies see what I look for. Here’s a review of my 2nd trade in AAPL:

(5 min. candlestick chart)

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Patience is key as a trader. Had I waited for the setup to come to me, I could have avoided a loss in my first trade.

Just another reminder to wait for your setup.

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840

Holding support.

I’m looking to get long here. Apple Inc. [[AAPL]] looks good, higher lows intaday.

Get your firepower ready, I bet we close green today.

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Cajun Sells

I sold salesforce.com, inc. [[CRM]] @ 26.62

looking to sell Research In Motion Limited (USA) [[RIMM]] by the end of day.

Holding Yingli Green Energy Hold. Co. Ltd. (ADR) [[YGE]] here.

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Cajun Buys

I bought salesforce.com, inc. [[CRM]] @ 23.30

I bought Yingli Green Energy Hold. Co. Ltd. (ADR) [[YGE]] @ 3.20

I bought Research In Motion Limited (USA) [[RIMM]] @ 45.50

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Trade Ideas

[[CME]] is ready to breakout of it’s death spiral:

NVIDIA Corporation [[NVDA]] is ready to bounce off it’s long term support:

Research In Motion Limited (USA) [[RIMM]] will storm to $50 this week:

Now for the gold bugs:

Do you know how to trade the triangle? Agnico-Eagle Mines Limited (USA) [[AEM]]

How about a few golden cup & handles:

If you don’t like any of the above stocks, just buy some Potash Corp./Saskatchewan (USA) [[POT]] :

Bonus, via The PPT:  Yanzhou Coal Mining Co. (ADR) [[YZC]] :

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