Gap and 123 pullback - GILD

123 setup

5 minute chart full day

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Stock:GILD

Entry Bar:18
Entry Green Line: 49.85
Stop Red Line: 49.65
Result: .34 to 1.53
Setup Grade: B+
Notes: Nice pull back and hammer to the 30 minute outside range high. 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 - PHG

5 minute chart

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Stock:PHG 5 minute chart

Entry Bar:2
Entry Green Line:17.81
Stop Red Line: 17.64
Result: .08 to .19
Setup Grade: B+
Notes: small quick hitter

* 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 outside range breakdown - SI

5 minute chart

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Stock:SI 5 minute chart

Entry Bar:11
Entry Green Line:51.04
Stop Red Line: 51.51
Result: even to .64
Setup Grade: B+
Notes: Like the setup, scale out get a little and get that stop to even, Stopped out with a small gain..I call it a single. Market was turning.

* 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.

Quote of the Day

The market does not beat them. They beat themselves,

because though they have brains they cannot sit tight.

– Jesse Livermore -

E-Mini Opening Gap Fade - ES

5 minute chart

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Stock:ES emini

Entry Bar: 1
Entry Green Line: 815.25
Stop Red Line: 823.25
Result: 8 points and out
Notes:I used Master the Gap that I have been a member of for some time, to confirm my thoughts on fading this gap. Like the fact my stop was above the daily pivot. Weak market as of late (what else is new) so I am more aggressive with fading up gaps.

* 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 - RL

5 Minute Chart

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Stock:RL

Entry Bar: 4
Entry Green Line:38.11
Stop Red Line: 38.61
Result: .31 to 1.31
Setup Grade: B+
Notes: Scale as you go, dont get greedy, hold some to run all do with a stop at 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.

NFC championship Game

Die hard Eagles Fan. Cardinals are toast this weekend. Sorry about the language.

Gap and 123 pullback - AAPL

5 minute chart

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Stock:AAPL

Entry Bar: 5
Entry Green Line:81.73
Stop Red Line: 82.60
Result: .43 to 1.43
Setup Grade: B
Notes: Scale as you go hold some till close or stoped at 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.

Quotes of the Week

" I shall pass through this life but once. Any good therefore that I can do, or any kindness I can show, let me do it now. Let me not defer or neglect it. For I shall never pass this way again."

- Etienne de Grellet

E-Mini Opening Gap Fade - ES

5 minute chart

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Stock:ES emini

Entry Bar:1
Entry Green Line:863.50
Stop Red Line: 856.50
Result: 872 out plus 8.5 per contract
Notes: I recommend taking a look at Master the Gap that I have been a member of for some time. I use the service to determine if I will be fading the opening gap. Easy play to manage while you look for other setups.

Gap and go Short - VNQ

5 minute chart

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Stock:VNQ

Entry Bar: 2
Entry Green Line: 32.31
Stop Red Line: 32.77
Result: even to .43
Setup Grade: B
Notes:Scale as you go, would have been stopped out on remaining shares. Later on it broke down, that is the way it falls at times. I used a 2 minute chart to shorten my stop, but that increases risk.

* 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.

Santa Claus Bailout Hearings

Quotes to Remember

"Obstacles don't have to stop you. If you run into a wall, don't turn around and give up. Figure out how to climb it, go through it, or work around it." Michael Jordan

"If your going through hell, keep going" - Winston Churchill

Never give up, for that is just the place and time that the tide will turn.
-- Harriet Beecher Stowe


I've been absolutely terrified every moment of my life -- and I've never let it keep me from doing a single thing I wanted to do.
-- Georgia O'Keeffe

Mistakes are part of the dues that one pays for a full life.
-- Sophia Loren

Never give up on something that you can't go a day without thinking about.
-- Author Unknown

Nothing is predestined: The obstacles of your past can become the gateways that lead to new beginnings.
-- Ralph Blum

Great Rental Movie

If you have not seen Shawshank Redemption its a classic...

30 Minute Gap and Go Breakout - COCO

5 minute chart


Daily Chart - breakout

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Stock:COCO 5 minute chart

Entry Bar: 7
Entry Green Line: 17.50
Stop Red Line: 17.28
Result: .43 to .78
Setup Grade: B
Notes:Scale out, stop to even, don't be greedy. Nice break on the Daily Chart.

* 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 - ANSS

Wedge Setup 5 minute chart


The Play

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Stock:ANSS 5 minute chart

Entry Bar: 5
Entry Green Line: 26.60 SHORT
Stop Red Line: 26.80
Result: .23 to .44
Setup Grade: B
Notes: take the larger stop, market was weak, weak on the daily chart as well. Scale out as you go, get that 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.

30 Minute Gap and Go Breakout - FDO

5 minute chart

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Stock:FDO

Entry Bar: 11
Entry Green Line:27.71
Stop Red Line: 27.51
Result: .51 to .78
Setup Grade: B-
Notes:Entered before the break of the 30 minute high, but wanted in this stock, thought it would move higher with the market turning around but the market tanked. Still, scale as you go, get that stop to even and make some money.

* 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 15 minute - TNA

15 minute chart


5 minute chart

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Stock:TNA

Entry Bar:4
Entry Green Line: 38.01
Stop Red Line: 37.42
Result: even to .69
Setup Grade: B
Notes:Scale as you go, get that stop to even, little extended on the daily

* 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.

Emini - ES 123 pullback

5 minute chart

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.Stock:Emini ES

Entry Bar:7
Entry Green Line:918.25
Stop Red Line: 916.25
Result: 2 to 8 points
Setup Grade: A-
Notes:nice candle and hammer off the pivot

* 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.