E-Mini Opening Gap Fade - ES

5 minute chart

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E-mini: ES (S&P 500 futures)
Entry Green Line: At the Open - 9 point Goal
Stop Red Line: 7 point stop
Result: 9 points - sell once gap is filled
Notes: I take these from time to time pending on multiple factors. Indices have a high tendency to fill some point during the day. SSO and SDS are also good for fading the open with.

30 Minute Inside Bar - AVP

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Stock: AVP 30 minute chart

Entry Bar: 8
Entry Green Line: 42.61
Stop Red Line: 42.24
Result: .78 to 1.51 - about a 4R gainer
Setup Grade: B+
Notes: Little late in the day but nice setup and support from the 5ema

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

Gap & Go 5 minute - SAP

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Stock: SAP 5 minute chart

Entry Bar: 2
Entry Green Line: 57.57
Stop Red Line: 57.06
Result: .25 to 1.40
Setup Grade: A-
Notes: Scale out, let some run all day with the market - tried the black background let me know if you prefer the black or white background.

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

Double Dynamite - EME

15 minute chart

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Stock: EME 15 minute chart
Entry Bar: 13
Entry Green Line: 29.72
Stop Red Line: 29.50
Result: .42 to 1.40 ... hold all day 5R plus gainer
Setup Grade: B
Notes: Little late in the day but sets up nicely, also set up on the 30 minute chart

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

15 minute Breakdown - RSG

15 Minute Chart

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Stock: RSG 15 minute chart

Entry Bar: 7
Entry Green Line: 32.14 Short
Stop Red Line: above the 4th bar - 32.27
Result: .33 to .54 - 1R plus if you are scaling out
Setup Grade: B-
Notes: Stop above 200EMA to give it a little room, scale out as you go, would be stopped out of the remaining shares you held if you held till the close.

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

Quote of the Day

" A bull market tends to bail you out of all your mistakes.
Conversely , bear markets make you PAY for your mistakes"

- Richard Russell

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Double Dynamite - NUVA

15 minute chart

Stock: NUVA 15 minute chart
Entry Bar: 8
Entry Green Line: 52.71
Stop Red Line: 52.39
Result: .64 to 2.29 - 7R gainer
Setup Grade: A-
Notes: Scale out, hold some all day, nice 2 bar setup

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

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Gap& Go Short - DAI

5 Minute Chart

Stock: DAI 5 minute chart

Entry Bar: 2
Entry Green Line: 60.44 Short
Stop Red Line: 61.04
Result: .48 to 1.06--- about 1R total
Setup Grade: B+
Notes: Scale out, held about 1/4 to close but stopped out at my entry point. Nice quick gainer

* Sold the last of my WM in the IRA, in cash now - so end result was 50% gain in FNM and 50% gain in selling half of WM and 10% gain in selling the last half.

http://howidaytrade.blogspot.com/2008/07/gap-and-go-short-itw-ira-long-term-play.html

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

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Gap & 123 pullback - ZMH

15 Minute Chart

Stock: ZMH 15 minute chart
Entry Bar: 6
Entry Green Line: 66.84 Short
Stop Red Line: 67.31
Result: .22 to 1.39 - 2R gainer if you held to close
Grade: B+
Notes: Sweet this one out for a while but in the end a gainer. Nice support from the 5EMA

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

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Gap & Go 10 minute - COV

Stock: COV 10 minute chart

Entry Bar: 2
Entry Green Line: 50.01
Stop Red Line: 49.83 - agressive play, LOD for conservative play
Result: .10 to .80
Setup Grade: B+
Notes: Scale out and hold some till the close.

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

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Wedge Buster - NTES

15 minute chart

Stock: NTES 15 minute bar

Entry Bar: 4
Entry Green Line: 21.93
Stop Red Line: 21.76
Result: .18 to .57...2.5R
Setup Grade: B
Notes: Scale out and let it run all day.

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

30 Day Free Trail to Market Club Click Here