Tuesday, November 30, 2010

Gap and Go - Rimm

Daily Chart

5 minute chart

1 minute chart

(Double Click Picture for a Larger View)
.
Stock: RIMM
Entry Bar: 2
Time Frame: 5 minute chart

Entry Green Line
: 60.37

Stop Red Line
: 59.57 or 59.84 on one minute chart
Result
: up to .59
Setup Grade
: B+
Notes
: Weak day, looking for a bounce and nice pop on RIMM at the opening. Daily confirms some sort of run. I show a one minute chart to help time your entrance. Scale out and get the 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.

Monday, November 29, 2010

Gap and Go short - GES

Weekly

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:GES
Entry Bar: 2
Time Frame: 5 minute chart

Entry Green Line: 49.60 SHORT
Stop Red Line: 50.19
Result
: up to 1.30
Setup Grade
: B
Notes
: while it looks like a bullish chart on the daily (which it is) the weekly running right into resistance on spike up. Looking to get out majority at the 200 SMA and let some run all day with 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.

Monday, November 22, 2010

15 minute Gap and Go

Daily Chart

15 Minute chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:DECK
Entry Bar:2
Time Frame: 15 minute chart

Entry Green Line
: 67.78

Stop Red Line
: 67.25 using 5 minute chart
Result: up to 1.20
Setup Grade
: B
Notes
:Strong daily and could be looked at as a little extended. Nice gap up, pull back and hammer off 5 and 15 minute 20sma. Scale out as you go. Nice pop

* 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.

Thursday, November 18, 2010

Gap and Go - QGEN

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)
.
Stock:QGEN
Entry Bar: 2
Time Frame: 5 minute chart

Entry Green Line: 19.17
Stop Red Line
: 19
Result: up to .34
Setup Grade
: B
Notes
: Not the best daily chart but took it as a breakout with the markets gapping up strong. Scale out as you go, hold some until close or entry price is hit.

* 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.

Tuesday, November 16, 2010

NQ Emini gap fill

60 minute chart

Daily Chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:NQ emini
Entry Bar: at the open
Entry Green Line: 2148
Stop Red Line
: above 600 SMA for more risky play or 2168 to give it room on this bearish setup.
Result
:
close at gap fill +15
Notes: This is from yesterday......Take a look at 60 minute chart...trend down...daily chart rolling over...and under the 600 SMA on the 5 minute 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.

Monday, November 15, 2010

Gap Fade Short - CL

Weekly

Daily

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:CL
Entry Bar: 9:50 AM
Time Frame: 5 minute chart
Entry Green Line: 78.84
Stop Red Line
: 79.02 or 79.51
Result
:
Setup Grade
: B
Notes
: Market Trend is down, gaping into weekly and daily resistance. Nice run up on 5 minute chart. Can place stop one of two places. I like to use larger stops to give it some room. Scale out 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.

Sunday, November 14, 2010

Gap Fade Short - A

Weekly Chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:A
Entry Bar: 10:00 AM EST
Time Frame: 5 minute bar

Entry Green Line
: 37.06 Short
Stop Red Line: 37.56
Result
: up to 1.21
Setup Grade
: A-
Notes: Scale as you go....Would have hung on to this all day until close with week market and run up on 5 minute chart...See weekly chart, tracking since the open.

* 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.

Thursday, November 11, 2010

AAPL gap fill short

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:AAPL
Entry Bar: 10:25 EST
Time Frame: 5 minute chart
Entry Green Line: 317.75 SHORT
Stop Red Line: 318.40
Result
: still running
Setup Grade
: B+
Notes: fills its gap on a very week day...Tech week due to cisco...nice red bar at the gap close. Scale as you go and let some run all day. Had it on my screen and didnt take it!! Thats what happens when you are following so many charts!

* 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 Fade Short - SI

Weekly

Daily

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:SI
Entry Bar: 2
Time Frame:
5 minute chart
Entry Green Line
: 116.79 short

Stop Red Line
: 117.51 (pre market high)
Result: up to .85.
Setup Grade
: B+
Notes
: Larger stop to give it some room to run. See weekly and Daily charts and its run into confluence, gap up with weak market today. Looking to short and scale out as you go. Stop to entry after at least a 1/2 r gain.

* 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.

Wednesday, November 10, 2010

Gap Fade - CIG

Weekly Chart

Daily Chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:CIG
Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 18.09 SHORT
Stop Red Line
: 18.20
Result
: up to .38
Setup Grade
: B+
Notes
: Weak market at the open. Stocking gapping at the open but into major confluence on the Weekly Chart. Daily had been strong and pulling back, when you peak over at the weekly chart you see at a near a top. Red bar is the signal and go. Goal is near the open, scale out 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.

Monday, November 8, 2010

Gap Fade - FWLT

Daily Chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:FWLT
Entry Bar: 3
Time Frame: 5 minute chart

Entry Green Line
: 27.77

Stop Red Line
: 28.01
Result: up to .85
Setup Grade
: B+
Notes: After large run up moved into resistance area...see daily chart. Filled the gap from back in Mid May. Scale out and watch out for move back up once it falls back to support.

* 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.

Friday, November 5, 2010

Gap and Go - SNDK

Daily Chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:SNDK
Entry Bar: 2
Time Frame: 5 minute

Entry Green Line
: 40.89

Stop Red Line
: 40.49
Result:
Setup Grade
:
Notes
: Nice base the prior day, seems like this market will never stop moving....trending markets make for nice gap and goes. 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.

Thursday, November 4, 2010

60 minute chart

5 minute chart

(Double Click Picture for a Larger View)
.
Stock:NQ emini
Entry Bar: 9:45 red bar
Time Frame: 5 minute chart

Entry Green Line: 2184 Short
Stop Red Line
: 2187
Result
: out 77 consolidation
Notes: top of the channel on 60 minute NQ...market strong ...but I was looking for a pullback at open.

* 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.

Wednesday, November 3, 2010

Gap Fade - PDE

Daily chart

5 minute chart with pre market

1 minute chart

(Double Click Picture for a Larger View)
.
Stock:PDE
Entry Bar: 2
Time Frame: 5 minute

Entry Green Line
: 32.85 SHORT
Stop Red Line: 33.25 using one minute chart
Result: up to .61.....stop at even or close at end of the day
Setup Grade
: B+
Notes
: Gapping into Daily chart resistance, and weak all pre-market. Dont see much of a push for anything until FOMC meeting today at 2. Scale out, 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.

Tuesday, November 2, 2010

Gap and Go - RAX

Daily Chart

5 minute chart

1 minute chart

(Double Click Picture for a Larger View)
.
Stock:RAX
Entry Bar:2
Time Frame: 5 minute chart

Entry Green Line
: 26.19
Stop Red Line: 25.84
Result
: 1.00 to 1.50
Setup Grade
: A-
Notes
: Nice Daily Chart...and consolidation on 1 minute chart...stock was popping up on the premarket gappers. You dont get many of these huge runners but when you do they pay off.

* 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.