Thursday, May 28, 2009

E-Mini Openin Gap Fade - ES


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Stock:ESM09
Entry Bar: open
Entry Green Line: 899.50
Stop Red Line: 906
Result: 6.5 points

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.

* 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.

Learn to trade gaps

Wednesday, May 27, 2009

Winner and Loser same stock - SU

Winner - 5 minute gap and go

Stock:SU 5 minute gap and go
Entry Bar: 2
Entry Green Line:33.42
Stop Red Line: 33.04

Notes:5 minute gap and go, scale out and get the stop to even.


2. Loser - 30 minute candlestick outside range breakout.
Solid Setup - -

Result - stopped out


Stock:SU
Entry Bar: 5
Entry Green Line:34
Stop Red Line: 33.58

Notes:Stopped out



Learn to trade gaps

Tuesday, May 26, 2009

Gap Fill and Go - DDUP

Daily

5 Minute Chart

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Stock:DDUP
Entry Bar: 2
Entry Green Line: 24.51
Stop Red Line: 23.97 or under the 20SMA
Result:
Setup Grade
: B
Notes: Strong Daily nice support 20 SMA

* 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.

Learn to trade gaps

Friday, May 22, 2009

Gap & Go short 10 minute - BG

10 minute chart

5 minute chart

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Stock:BG
Entry Bar:2
Entry Green Line: 61.29
Stop Red Line: 60.67 or more conservative 59.90
Result: 1.60 to 2.35
Setup Grade
: A-
Notes: Nicely setup on the 5 minute, get stop to even let it run all day, sell before the close

* 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.

Learn to trade gaps

Thursday, May 21, 2009

Rocket - TECD

5 minute chart

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Stock:TECD
Entry Bar: 6
Entry Green Line: 32.77
Stop Red Line: 33.36
Result: .70 to 1.21
Setup Grade
: B-
Notes: Volume spike and toppy, 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.

Learn to trade gaps

Wednesday, May 20, 2009

Free Fall - SAI

10 minute chart

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Stock:SAI 10 minute chart
Entry Bar: 6
Entry Green Line: 16.28
Stop Red Line: 15.94
Result: up to a 1.00
Setup Grade
: A-
Notes: Nice Trade by Luc whom emailed me a trade they took today, Excellent Setup

* 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.

Learn to trade gaps

Tuesday, May 19, 2009

Gap and Go 10 minute - SI

10 minute chart

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Stock: SI
Entry Bar:2
Entry Green Line: 73.31
Stop Red Line: 72.89
Result: .61 to 1.75
Setup Grade
: B
Notes: stop to even, 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.

Learn to trade gaps

Monday, May 18, 2009

A trade to pass on

5 minute setup - Gap n Go


A look at the previous day and 1st 5 minutes of today.

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Stock: MICC 5 Minute chart
Entry Bar: 3
Entry Green Line: 55.48
Stop Red Line: 54.81
Result: Would have been stopped out
Setup Grade
: C-
Notes: Would have stayed away: Extended on the daily, lack of volume...must be patience in your setups.

* 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.

Learn to trade gaps

Thursday, May 14, 2009

Gap and Go - CME

5 minute chart

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Stock:CME
Entry Bar:2
Entry Green Line:287
Stop Red Line: 281.45
Result: 5.5o point plus
Setup Grade
: B+
Notes: Daily chart had me a little concerned being extended some. Scale as you go and let some run all day if possible. 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.

Learn to trade gaps

Wednesday, May 13, 2009

Gap & Go short 15 minute - ED

15 minute chart


Daily Chart - Nice break with room to run

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Stock:ED
Entry Bar:2
Entry Green Line: 35.70
Stop Red Line: 36.01
Result: Up to .47........still in trade
Setup Grade
: B
Notes: Scale and get your stop to even. Sell at the end of the day if still in the trade.

* 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.

Learn to trade gaps

Wednesday, May 6, 2009

Away for a Week

Away until Monday, here is the movie I will be throwing in my Lap top for my flight. Looks Good.

E-Mini Opening Gap Fade

5 minute chart

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Stock:E MINI ES
Entry Bar: 1 at open
Entry Green Line: 912 short
Stop Red Line: 918
Result: out gap fill 904

Notes: Lots of resistance at the open. Master the Gap gives probabilities for gaps closing every day. I use these probabilities and other indicators to determine if I will fade a gap. Weak market and gave way to a nice gap fill.

* 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.

Learn to trade gaps

Monday, May 4, 2009

30 Minute Outside Range Breakout - IBN

5 minute chart

Daily Chart

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Stock:IBN
Entry Bar: 7
Entry Green Line:22.21
Stop Red Line: 21.95 or more conservative 21.65
Result: .25 to 1.32
Setup Grade
: B+
Notes:Nice break on the daily, scale as you go let some run all day, sell at the close.

* 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.

Learn to trade gaps

Friday, May 1, 2009

Gap and Go 5 minute - RIMM

5 minute chart

Daily - nice break away

(Double Click Picture for a Larger View)
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Stock:RIMM
Entry Bar:2
Entry Green Line: 71.26
Stop Red Line: 70.24
Result:
Setup Grade
: A-
Notes: Scale as you go, stop to even and let some run until the close

* 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.

Learn to trade gaps