01/27/2016 Trade status for $GLNG & $TEX.

These are only two tickers I traded today $GLNG & $TEX.

$GLNG was up big yesterday and it's on my watchlist for long over $18.00. I miss the breakout over $18.00 since I didn't get to my office until 9:45.

I start going long around $18.50 with the risk at $18.38 base on the previous high. It's spike up to $18.64 twice then drop below the risk level so I cover at $18.33 respect my plan. It's good risk management since the trading range was so big compare to yesterday candle. Put this on my watchlist for long over $21 and short fail $17.00


$TEX was up big yesterday to $24 then pull back to $20.50ish.

As you can see the 15 minutes chart show uptrend flag pattern.

I start in long at $22.59 for the $22.59 breakout at those two circle spot. It didn't breakout so I cover at $22.40. Plan for tomorrow is go long if it's hold the trend and above $22.50 otherwise watch for short play.


Today is not much play for me. I miss $ENOC and $FATE faded. I am practicing my patience and risk management this week. My goal for this week is to focus on good setup. Don't trade if I do not see any good setup.

Enjoy reading and see you tomorrow.

Thank you