Now this is Real Change - Sarah Palin

Not a fan of either canidate but this lady is Quite Impressive - This is real change far from the average polictian that Obama and McCain represent.

- Didn't attend a fancy prep school for High School
- Was rasied in a small town not in Hawaii
- Attended Idaho State not a fancy Ivy league school
- Took on her own party by herself to run for office because as a mom was fed up -
- Had a 5th child whom she knew had down syndrome before he was born. With political career on the line could have aborted but stuck to her beleifs. Then went back to work the week after the child was born!!

- Has NO attachements from main stream Washington - was a soccer mom and on the PTA!!

- Got rid of her governor jet and scaled back on security to save the state money, did not milk the system

- Sticks to her guns unlike flipper and flopper that are running now for office

- Has run a state unlike Obama and McCain and has actually balanced a budget!

- Not tied into corporate America or a clueless lawyer running for office

- Son is in the military, will not be quick to pull the trigger

- Just the average american with no questionable associations

Finally an outsider who may shake things up!!

Here is an interested read on Sarah Palin:

http://www.ft.com/cms/s/0/7fab850e-75ec-11dd-99ce-0000779fd18c,dwp_uuid=729ab242-9cb1-11db-8ec6-0000779e2340.html

15 Minute Breakdown - KLAC

15 minute chart

Daily Chart

(Double Click Picture's for a Larger View)

Stock: KLAC 15 minute chart

Entry Bar: 6
Entry Green Line: 37.86 SHORT
Stop Red Line: 38.21
Result: .35 to .77... about 2R gain
Setup Grade: B+
Notes: Nice strong break of the 15 minute low, scale or hold all day, move your stop to break even on 1R gain. The daily chart says it all.

* 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

2 Trades Winner & Loser - 30 Minute Breakout - PCL

Smaller view - 5 Minute chart

Full Day View

(Double Click Picture for a Larger View)

Stock: PCL 5 minute chart

Entry Bar: 13
Entry Green Line: 49.11
Stop Red Line: 48.89
Result: .40 to 1.80 about a 9R trade!!
Setup Grade: B
Notes: Scale out and let it run all day, 3 tight NR bars and then it broke out. A little under the OR breakout point but the support from the 5 EMA and 3 tight bars (dynamite bars) made it worth the risk.

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Trade 2 - 123 Pullback 15 minute chart

Here is a losing Trade that didnt work out -

Nice pullback to 5EMA and 15 outside range high

Stopped out, didnt quite reach the point in which I would pull up my stop - ended up being a winner latter on. Always stick with your stop. Entered high of 7 bar with stop below.

- Full View

Michael Phelps at a young age

1st day back, got in late and got a late start trading. Will be back to regular posting schedule tommorrow.

Double Dynamite - IOC 15 minute chart

Still on Vacation.

Here is nice trade. I set it to close out at the end of the day (if my stop was not hit) as I set out to go fishing. Nice 6R plus trade, better then the one damn sand shark I caught :(

Again regular posting to continue on August 27th.


(Double Click Picture for a Larger View)

Stock: IOC 15 minute chart

Entry Bar: 6
Entry Green Line: 27.97
Stop Red Line: 27.82 (prefered larger stop under 3rd red bar)
Result: .30 to 1.38 ---- 6R plus
Setup Grade: B+
Notes: Scale out, let it run and close it out at the end of the day - forms a nice wedge setups as well

* The grade is for the setup outlined in my business plan. Feel free to post any trades you made today that you would like commented on.

Simply Amazing

Away on Vacation for the next 3 weeks - Will only be trading the first 30 minutes of each day (I love to trade and will be tough only trading the first half hour, got some heat last time while everyone was at the beach and I sat on my laptop trading :()

May do a post here and there if I get a chance, will still be checking my email -

See if you can figure this one out..........ENJOY

(Double Click Pictures for a Larger View)

15 minute Breakdown - SLX

(Double Click Picture for a Larger View)

Stock: SLX 15 minute chart
Entry Bar: 6
Entry Green Line: 82.92
Stop Red Line: 83.47
Result: .55 to 2.92 - about 3R holding and scaling out into the close
Setup Grade: B+
Notes: Nice breakdown candlestick of the 15, market weak and nice support from the 5 ema, let it run as you scale out. DRYS a nice Gap n Go short as well on the 10 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

Gap & Go Short - AA

5 Minute Chart

(Double Click Picture for a Larger View)

Stock: AA 5 minute chart

Entry Bar: 2
Entry Green Line: 33.17 SHORT
Stop Red Line: 33.76
Result: .30 to .97
Setup Grade: B
Notes: No gap but showed up my gapfill radar, 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