Double Dynamite - PEGA Short

Daily Chart

5 minute chart

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Stock:PEGA

Entry Bar: 10
Time Frame: 5 minute
Entry Green Line:25.07 SHORT
Stop Red Line: 25.38
Result: .50 to 1.00
Setup Grade: B
Notes: This ran all day. I got a nice piece but screwed up my trailing stop on my remaining 1/2 shares. Would have gotten out before the FED announcement anyway. Bearish Daily chart and market gapped down. Not a perfect double dynamite but two small redish bars rolling over to form a high risk high reward 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.

Double Dynamite - CNQ

5 minute chart

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Stock:CNQ

Entry Bar:6
Time Frame: 5 minute chart
Entry Green Line: 73.55
Stop Red Line: 73.33
Result: .14 to .57
Setup Grade: B
Notes: Scale out as you go...like the small double narrow range bars..nice push for a small winner, daily still bullish...PPDI also had a nice Double Dynamite 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.

Double Dynamite - GRMN short

5 minute chart

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Stock:GRMN

Entry Bar: 11
Entry Green Line: 21.86 SHORT
Stop Red Line: 21.99
Result: .28 to .43
Setup Grade: B+
Notes: scale and hold some all day with your 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.

Double Dynamite - EQIX & see notes

5 Minute Chart

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Stock:EQIX 5 minute chart

Entry Bar: 5
Entry Green Line: 52.93
Stop Red Line: 53.52
Result: .43 to 1.02...last quarter stopped at even
Setup Grade: B
Notes: Not the best setup for Double D but the market was so week and so was the bar. I actually missed this trade with my hand on the trigger because I was on the phone with Schwab over a screwed up order....

I placed a trade at 9:35 for a gap and go short. The order read it was open with no confirmation that I was in the trade. It would not let me cancel after I should have been filled. I called my broker and they didn't know if I was actually in the trade. Schwab was having a delay in trade execution. So here I am with no idea if I am in this trade and no way to get out if I was. The trade was set to have a .20 cent stop. I informed Schwab that if I am that my stop is .20 (at the time I inform Scwab I am .10 in the hole).......

So an hour later they finally get there orders in line and its confirmed that I was in the trade and now .80 cents AGAINST ME LATER. Like a 4R loss. So they are still trying to resolve the issue as there is no way I should have to be responsible for anything over the .20. Never had a problem like this before. To be continued.

* 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.

Double Dynamite - MYGN

Daily Chart


5 minute chart

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Stock:MYGN 5 minute chart

Entry Bar: 10
Entry Green Line: 80.09
Stop Red Line: 79.35 larger stop very fast mover
Result: .85 to 3.61 as of 11:30 eastern time
Setup Grade: B+
Notes: stop to even then hold some all day until close or stopped 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.

Double Dynamite - SYNA

15 Minute chart


30 minute chart

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Stock: SYNA 15 minute bar

Entry Bar: 13
Entry Green Line: 19.99 short
Stop Red Line: 20.14
Result: .30 to 1.19, hold some till close and stopped at entry
Setup Grade: B
Notes: I took the larger stop on the 30 minute. Scale out as you go, let the rest run all day with stop at entry. In this case scaled out 1/4, another 1/4 and last 1/2 stoped at even. Setup nicely on 30 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.

Double Dynamite - UNM Short

Daily Chart


15 Minute Chart

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Stock: UNM 15 minute chart

Entry Bar: 10
Entry Green Line: 15.23 SHort
Stop Red Line: 15.36
Result: break even to .66 - scale as you go @ 2R and 4R gain - stop to even
Setup Grade: B+
Notes: 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.

Double Dynamite - OI Short

15 Minute Chart

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Stock: OI 15 minute chart

Entry Bar: 11
Entry Green Line: 39.39 Short
Stop Red Line: 39.64

Result: .25 to 1.58 - 5R gainer
Setup Grade: B+
Notes: Scale out and let it 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.

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Double Dynamite - LOW

15 Minute Chart

Daily Chart

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Stock: LOW 15 Minute Chart

Entry Bar: 7
Entry Green Line: 26.37
Stop Red Line: 26.22
Result: Break Even to .27... At 1R gain pull stop to even
Setup Grade: B+
Notes: Scale out and move stop to entry at 1R. Nice break on the daily, like the setup didnt explode.

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

Double Dynamite - IOC 15 minute chart

Still on Vacation.

Here is nice trade. I set it to close out at the end of the day (if my stop was not hit) as I set out to go fishing. Nice 6R plus trade, better then the one damn sand shark I caught :(

Again regular posting to continue on August 27th.


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Stock: IOC 15 minute chart

Entry Bar: 6
Entry Green Line: 27.97
Stop Red Line: 27.82 (prefered larger stop under 3rd red bar)
Result: .30 to 1.38 ---- 6R plus
Setup Grade: B+
Notes: Scale out, let it run and close it out at the end of the day - forms a nice wedge setups as well

* The grade is for the setup outlined in my business plan. Feel free to post any trades you made today that you would like commented on.

Double Dynamite - EME

15 minute chart

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Stock: EME 15 minute chart
Entry Bar: 13
Entry Green Line: 29.72
Stop Red Line: 29.50
Result: .42 to 1.40 ... hold all day 5R plus gainer
Setup Grade: B
Notes: Little late in the day but sets up nicely, also set up on the 30 minute chart

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

Double Dynamite - NUVA

15 minute chart

Stock: NUVA 15 minute chart
Entry Bar: 8
Entry Green Line: 52.71
Stop Red Line: 52.39
Result: .64 to 2.29 - 7R gainer
Setup Grade: A-
Notes: Scale out, hold some all day, nice 2 bar setup

* The grade is for the setup outlined in my buseinss plan & not for the end result. Feel free to post any trades you made today that you would like commented on

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