Trading my plan, and it is working...

It is always nice when things go as expected. Not a big winner, but a nearly 100% objective trade. I will take it (over and over again).

SYNA:
Bought 8:50am doji,
60 shares @ $31.89,
target $32.70,
stop loss $31.06,
risk/reward 1.00 (usually low for long hammers such as these),
exit:
sold 1/2 position after a 1% pop, 30 shrs @ $32.22
sold 1/2 position, 30 shrs, @ $31.84 (was attempting to close at breakeven, $31.89), but caught some slippage.

Commentary: Perfectly played trade. Still working on my exit strategy, although I am pleased with today's technique. Had I used my new low, I would have exited at $31.74 and given up some gains. I am more than happy taking these 'singles' all week long. On the other hand, the stock did continue after making that low. Oh well.

Gross P/L: $8.40, net $5.37

So, I'll take the day and I have a trade left for tomorrow or Monday.

Always another trade,
Masterjaz out