Monday, August 31, 2009

Gap and Go Short 10 minute - FSLR

10 minute chart

5 minute chart

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Stock:FSLR
Entry Bar: 2
Entry Green Line: 121.50 Short
Stop Red Line: 122.97
Result: 2.03 to 2.62
Setup Grade
: B
Notes:Setup on the 5 minute when the first bar was taken out. 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

Thursday, August 27, 2009

Short Gap and Go 10 minute - KBR

10 minute chart

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Stock: KBR 10 minute chart
Entry Bar: 2
Entry Green Line: 23.11 short
Stop Red Line: 23.58
Result: .27 to .47
Setup Grade
: B+
Notes:

* 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, August 26, 2009

Gap and Go 15 minute chart - GRMN

15 minute chart


1 minute chart - entry

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Stock:GRMN
Entry Bar:2, on 15 minute chart
Entry Green Line:31.56
Stop Red Line: 31.33
Result: .15 to 1.27
Setup Grade
: B+
Notes: Nice break of the 15 minute bar, could have even shortened your entry with the entry hammer. 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

Tuesday, August 25, 2009

Gpa and Go - RYL

5 minute chart

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Stock:RYL
Entry Bar: 2
Entry Green Line: 23.77
Stop Red Line: 23.51
Result: .50 to .80
Setup Grade
: B-
Notes: Here is a trade in which the result looks great but I got damn lucky and should not have made the trade. Very bad fill on very low volume, and should have passed. When you are having success its human nature to become complacent and not pay attention to the wide low spread volume I was getting. It worked out, stayed with my plan. Sometimes you get lucky

* 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, August 24, 2009

Gap and Go 10 minute chart - Winner and loser

Winner 10 minute chart - SU

Small Loser - SLB

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Stock:SU and SLB
Entry Bar: 2 on both
Entry Green Line: 33.51 (su) and 58.01 (slb)
Stop Red Line: 33.30 (su) and 57.20 (slb)
Result: .22 to .48 and .23 loss for SLB
Setup Grade
: B's
Notes: Control your stops and discipline, a winner and loser.

* 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, August 20, 2009

Gap and Go - GENZ


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Stock:GENZ
Entry Bar: 2
Entry Green Line: 51.96
Stop Red Line: 51.06
Result: .25 to .74
Setup Grade
: B
Notes:

* 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, August 19, 2009

E-Mini gap fill Fade - ES

Setup into the gap fill area

result, quick gainer

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Stock:Emini ES
Entry Bar: 9
Entry Green Line:986.50 SHORT
Stop Red Line: 988.25
Result: 1.25 to 2.50
Setup Grade
:
Notes: Small gainer on a nice hammer setup with all kinds of resistance at 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

Tuesday, August 18, 2009

1 minute 8 SMA - JEC

1 minute play

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Stock:JEC
Entry Bar:32
Entry Green Line: 43.50
Stop Red Line: 43.42
Result: .12 to .28
Setup Grade
: B
Notes:Breaking right at the 30 minute OR, nice little hammer, scale out and nice quick gainer. I really time these when then setup for a low risk quick gainer.

* 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, August 5, 2009

On Vacation!!

Away on Vacation for the next 2 weeks - Will only be trading the first 30 minutes of each day from my laptop.

May do a post here and there if I get a chance, will still be checking my email - Nice gap and go in FWLT today.

See if you can figure this one out, back by popular demand..........ENJOY







(Double Click Pictures for a Larger View)

Tuesday, August 4, 2009

1 minute 8SMA - HGSI

1 minute chart

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Stock:HGSI 1 minute chart
Entry Bar: 34
Entry Green Line: 15.10
Stop Red Line: 15.03
Result: .46
Setup Grade
: B
Notes: I use a small risk stop and I am looking for a quick gain using a small stop. Will elaborate when I update my trading plan in a month or so with the when why and how. 1 and 2 minute charts are not for new traders and these setups don't fit everyone's personality. Some nice gap and goes today as well, take a look at WYNN.

* 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, August 3, 2009

1 minute 8SMA - IBN 2 trades

1 minute chart - 2 trades

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Stock:IBN, 2 trades
Entry Bar: 15 and 28
Entry Green Line: 32.56 and 32.90
Stop Red Line: 32.47 and 32.85
Result: .32 trade one and .20 trade two
Setup Grade
: B+
Notes: Took 2 trades with this stock today using the 1 minute time frame. I have been working on the 1 and 2 minute setup for some time. I use a small risk stop and I am looking for a quick gain using a small stop. Will elaborate when I update my trading plan in a month or so. 1 and 2 minute charts are not for new traders and these setups dont fit everyone's personality. Some nice gap and goes today as well.

* 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