Showing posts with label 30 Minute OR Breakout. Show all posts
Showing posts with label 30 Minute OR Breakout. Show all posts

Tuesday, June 8, 2010

30 Minute Breakout - NEM

1 minute chart

5 Minute Chart

(Double Click Picture for a Larger View)
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Stock:NEM
Entry Bar: 7
Time Frame: 5 using 1 minute charts

Entry Green Line: 56.37
Stop Red Line
: 56.14
Result
: Still running
Setup Grade
: B+
Notes: Scale as you go and stop to entry..hold some until close....Great example of using the one minute charts to help time and confirm your entry. At least 3 times it banged on the 30 minute high.

* 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, March 8, 2010

30 minute Breakout - RIMM

Daily Chart


(Double Click Picture for a Larger View)
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Stock:RIMM
Entry Bar:11
Time Frame:5 minute

Entry Green Line: 71.96
Stop Red Line: 71.53
Result:
Setup Grade
: A-
Notes: Nice break on the Daily Chart, could have entered earlier on the hammer two bars earlier. Nice 3 touch and break.

* 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, January 12, 2010

30 Minute Outside Range Breakout - PRGO

30 minute breakout

(Double Click Picture for a Larger View)
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Stock:PRGO
Entry Bar: 11
Time Frame: 5 minute

Entry Green Line: 40.38
Stop Red Line: 40.17 or more aggressive 40.27
Result:
Setup Grade
: B
Notes: Now this poped up on a scanner I run for a 5 minute gap and go. It set up for a nice 30 minute breakout with the 123 touch. Could have place your stop many places. Daily wasn't very promising but the previous day's hammer gave it a push. Scale out as you go let some ride 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.



Thursday, January 7, 2010

30 Minute Outside Range Breakout - WLP

Daily Chart

5 minute Chart - entered at the break

(Double Click Picture for a Larger View)
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Stock:WLP
Entry Bar: 18
Time Frame: 5 minute

Entry Green Line: 62.75
Stop Red Line: 62.29
Result:
Setup Grade
: B+
Notes:Takin a few minutes ago, here is where I placed my stop. Went with the wider stop and will scale out as I go. Room to move 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.



Tuesday, January 5, 2010

30 Minute Outside Range Breakout - F

Daily Chart

5 Minute Chart

(Double Click Picture for a Larger View)
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Stock:F
Entry Bar: 10
Time Frame: 5 minute chart

Entry Green Line: 10.71
Stop Red Line: 10.62
Result: .17 to .24 or more if you let some run all day
Setup Grade
: B+
Notes: small risk, nice breakout on the daily chart as well, hold some and let it run all day. I still think anyone owning any car company (gm or F) long term is nuts, but what do I know, still great to day 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.



Tuesday, December 15, 2009

30 Minute Outside Range Breakout - LEAP

5 minute chart

(Double Click Picture for a Larger View)
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Stock:Leap
Entry Bar: 18
Time Frame: 5 minute

Entry Green Line: 16.23
Stop Red Line: 15.99
Result:
Setup Grade
: B+
Notes: scale out, hold some all day nice 123 breakout of the 30 minute outside range.

* 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, October 29, 2009

30 Minute Outside Range Breakout - LNC

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)
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Stock:LNC
Entry Bar: 21
Time Frame: 5 minute chart

Entry Green Line: 24.87
Stop Red Line: 24.69
Result:
Setup Grade
: A-
Notes: scanning my 30 minute charts and fell into this one. Nice setup as the daily chart was screaming for a rebound.

* 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, September 16, 2009

30 min outside range breakout - BUCY

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)
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Stock: Bucy
Entry Bar: 15
Entry Green Line: 34.25
Stop Red Line: 34.13
Result: .34 to .42
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

Tuesday, September 8, 2009

30 outside range breakout - CDE

5 minute chart

Daily Chart Breakout

(Double Click Picture for a Larger View)
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Stock:CDE
Entry Bar: 10
Entry Green Line: 18.90
Stop Red Line: 18.55
Result: .41 to .80
Setup Grade
: B+
Notes: Larger stop but like the 30 minute breakout and breakout 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.

Learn to trade gaps

Tuesday, July 28, 2009

30 Minute Outside range Breakout - AET


(Double Click Picture for a Larger View)
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Stock: AET
Entry Bar: 13
Entry Green Line: 27.50
Stop Red Line: 27.20
Result: .65 to sell at end of day
Setup Grade
: A-
Notes: Nice break on the daily and hammer.

* 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, July 16, 2009

30 Minute Outside range Breakout - BAX

5 minute chart

(Double Click Picture for a Larger View)
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Stock:BAX
Entry Bar:6
Entry Green Line: 54.45
Stop Red Line: 54
Result: .45 to .90
Setup Grade
: B+
Notes: scale out, stop to entry 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 4, 2009

30 Minute Outside Range Breakout - IBN

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)
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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

Thursday, April 16, 2009

30 Minute Outside Range Breakout - AAPL

5 Minute Chart

(Double Click Picture for a Larger View)
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Stock: AAPL 5 minute chart
Entry Bar:7
Entry Green Line:119.70
Stop Red Line: 118.94
Result: .67 to 1.15
Setup Grade
: B+
Notes: Scale as you go, let some run all day if possible, get that 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.

Learn to trade gaps

Tuesday, March 24, 2009

30 Minute Outside Range Breakout - DEO


(Double Click Picture for a Larger View)
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Stock: DEO 30 minute chart
Entry Bar: 6
Entry Green Line: 45.16
Stop Red Line: 44.98
Result: .15 to end of day
Setup Grade
: B
Notes: nice hammer at the break line, 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

Monday, March 16, 2009

30 Minute Outside Range Breakout - PBI

30 Minute Chart

(Double Click Picture for a Larger View)
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Stock:PBI 30 minute chart
Entry Bar: 7
Entry Green Line: 20.76
Stop Red Line: 20.64
Result: .17 to .67
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

Friday, January 9, 2009

30 Minute Gap and Go Breakout - COCO

5 minute chart


Daily Chart - breakout

(Double Click Picture for a Larger View)
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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.

Learn to trade gaps

Monday, December 8, 2008

30 Minute OR breatk - V

30 Minute chart

(Double Click Picture for a Larger View)

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.

Learn to trade gaps

Thursday, August 28, 2008

2 Trades Winner & Loser - 30 Minute Breakout - PCL

Smaller view - 5 Minute chart

Full Day View

(Double Click Picture for a Larger View)

Stock: PCL 5 minute chart
Entry Bar: 13
Entry Green Line: 49.11
Stop Red Line: 48.89
Result: .40 to 1.80 about a 9R trade!!
Setup Grade
: B
Notes: Scale out and let it run all day, 3 tight NR bars and then it broke out. A little under the OR breakout point but the support from the 5 EMA and 3 tight bars (dynamite bars) made it worth the risk.
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Trade 2 - 123 Pullback 15 minute chart
Here is a losing Trade that didnt work out -

Nice pullback to 5EMA and 15 outside range high
Stopped out, didnt quite reach the point in which I would pull up my stop - ended up being a winner latter on. Always stick with your stop. Entered high of 7 bar with stop below.
- Full View