Happy Holiday and New Year

No more posting until the new year. Merry X-mas to all.

Hope everyone has a profitable and prosperous new year!

E-Mini Opening Gap Fade - ES

5 minute chart

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Stock:ES emini

Entry Bar:1
Entry Green Line:884.25
Stop Red Line: 890
Result: 881.25
Notes: I like to fade the opening gap when it sets up for a high probability trade. Determining if its a high probability trade requires studying past results for fading the opening gap. I use a service that I highly recommend that focusing mainly on fading the opening gap. I make only 5 or 6 trades a month with this setup but it gives me another weapon in my trading setups. I recommend taking a look at Master the Gap that I have been a member of for some time.

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

Great Rental Movie

No trading today as I was quite hung over from a X-Mas party. Great movie for the weekend to rent.

Legend of Baggar Vance: about a man rediscovering what he lost.

2 Trades - Short and Long

5 minute chart

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.Stock: AAPL 5 minute chart

Entry Bar: 2 and 4
Setup Grade:
Notes: 2 trades in one...Took the gap n go short on the 2nd bar, scaled as I went. When the green hammer formed I got out and went long. Scaled out, moved my stop to even where I was stopped out. Two quick trades.

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

Gap and Go - BBY

5 minute chart

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.Stock: BBY 5 minute chart

Entry Bar: 2
Entry Green Line: 26.60
Stop Red Line: 25.99
Result: .06 to 1.11
Setup Grade: B
Notes:I liked the volume and push placed my stop under the whole number. Scale as you go, hold some all day.

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

Wedge Buster - RGLD

15 minute chart

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Stock:RGLD 15 minute chart

Entry Bar:4
Entry Green Line: 40.09
Stop Red Line: 39.67
Result: .77 to 1.28
Setup Grade: B
Notes: scale as you go, be sure you are taking some from the quick gainer, move stop to even.

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

Rocky 3 - Can never watch it enough

Gap and 123 pullback - ARO

15 minute chart

5 minute chart

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Stock: ARO 5 minute chart

Entry Bar: 18
Entry Green Line: 15.51
Stop Red Line: 15.33
Result: break even to .29
Setup Grade: B
Notes: Setup nicely on the 15 but was looking for a smaller bar. Found one on the 5 minute chart, with nice support from the 20 EMA. Scale out as you go, move stop to break even

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

Gap and Go - ABX

5 minute chart

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Stock: ABX 5 minute chart

Entry Bar: 2
Entry Green Line: 29.85
Stop Red Line: 29.35
Result: .35 to .80
Setup Grade: B
Notes: scale as you go

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

30 Minute OR breatk - V

30 Minute chart

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Stock: V 30 minute chart

Entry Bar: 6
Entry Green Line: 54.98
Stop Red Line: 54.72
Result: .72 to 2.67.. let some run all day
Setup Grade: B+
Notes: scale as you go, let some run all day

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

Gap &123 pullback - ADBE

5 Minute Chart

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Stock: ADBE 5 minute chart

Entry Bar: 4
Entry Green Line: 21.39 short
Stop Red Line: 21.67
Result: .39 to .54
Setup Grade: B
Notes: scale as you go

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

Gap and Go Short - RIG

5 minute chart

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Stock: RIG

Entry Bar: 5
Entry Green Line: 51.49 Short
Stop Red Line: 52.26
Result: .66 to 1.46
Setup Grade: B
Notes: Took the short on a break of the low, scale as you go, move stop to entry.

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

E-Mini Opening Gap Fade - ES

5 minute chart

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Stock: ES (S&P 500 futures)

Entry Green Line: 829.75 SHORT
Stop Red Line: 837.75
Result: Out 818.50
Notes: I like to fade the opening gap when it sets up for a high probability trade. Determining if its a high probability trade requires studying past results for fading the opening gap. I use a service that I highly recommend that focusing mainly on fading the opening gap. I make only 5 or 6 trades a month with this setup but it gives me another weapon in my trading setups. I recommend taking a look at Master the Gap that I have been a member of for some time.

Gap and Go Short - DNA

5 Minute Chart

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Stock: DNA 5 minute chart

Entry Bar: 2
Entry Green Line: 73.78 SHORT
Stop Red Line: 75.39
Result: 1.55 to 2.63
Setup Grade: A-
Notes: Scale out, let some run all day

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