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.

Gap and Go Short - X

Daily Chart

5 minute chart

(Double Click Picture for a Larger View)

.

Stock: X

Entry Bar: 2nd
Time Frame: 5 minute trade
Entry Green Line: 44.86 short
Stop Red Line: 45.60...could use one minute chart for better stop placement
Result: break even to .50
Setup Grade: B
Notes: Was looking short at the open and I was wrong, lucky this was a break even to minor win. Not the best daily chart but weak at the open. Scale as you go and 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.

Gap and Go short - HPQ

Daily Chart

5 minute chart

(Double Click Picture for a Larger View)

.

Stock:HPQ

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 41.95 SHORT
Stop Red Line: 42.16
Result: up to 1.30
Setup Grade: B+
Notes: Market gaping down and HPQ breaking support on its daily. Scale out and let it ride all day, sell at the close. Little extended from the day before but liked the market direction, daily chart and risk to reward of 25 cents.

* 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 and Go short - GILD

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)

.

Stock:GILD

Entry Bar:2
Time Frame: 5 minute
Entry Green Line: 34.25 SHORT
Stop Red Line: 34.90
Result: .50 to 2.00
Setup Grade: B+
Notes: Weak market and daily chart...it ran all day...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.

Gap and Go short - AMZN

5 minute chart

Daily Chart breakdown

(Double Click Picture for a Larger View)

.

Stock:AMZN

Entry Bar: 2
Time Frame: 5 minute trade
Entry Green Line: 115.20 SHORT
Stop Red Line: 116.48
Result: 1.00 to 3.00
Setup Grade: A-
Notes: Scale as you go, nice break down on daily chart...plus consolidation prior day 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.

Gap and Go Short- GD

One Minute Chart

5 Minute Chart

(Double Click Picture for a Larger View)

.

Stock:GD

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 66.39 SHORT
Stop Red Line: 67.18 (or use one minute for more aggressive)
Result: .25 to .44
Setup Grade: B
Notes: Looking for a short with relativley weak as of late. Still must be careful shorting against resistance with the gap up. Scale out and quick single by trailing your stop to break 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.

Gap and Go short - LLY

1 minute chart

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)

.

Stock:LLY

Entry Bar: 6
Time Frame: one minute chart
Entry Green Line: 32.34 SHORT
Stop Red Line: 32.45 (one minute chart)
Result: .20 to .32
Setup Grade:A-
Notes: Again scale as you go...take what the market gives you...Daily chart was a mess, still on these gap and go shorts I am very weary of the market bouncing with the over sold market. Crazy markets like this its best to take on less risk (trade less shares) very unpredictable.

* 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 and Go short - ADI

5 minute chart

(Double Click Picture for a Larger View)

.

Stock:ADI

Entry Bar:2
Time Frame: 5 minute chart
Entry Green Line: 27.99
Stop Red Line: 28.42
Result: .41 plus at time of posting.
Setup Grade: B
Notes:Scale, hold some all day, stop to entry......nice prior day consolidation and breakdown.

* 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 and Go Short- SRE

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)

.

Stock: SRE

Entry Bar: 2
Time Frame: 5 minute
Entry Green Line: 48.33 SHORT
Stop Red Line: 49.39
Result: 1.00 to 1.17
Setup Grade: B
Notes: Going a little against the grain but was leaning gap fill on the entire market. Wide stop/less shares. Scale as you go. Wanted to get short under 48.72 on the daily. If you held a little all day would have been stopped out at your entry......still nice 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.

Gap and Go Short - CNX

Daily chart

5 minute chart

(Double Click Picture for a Larger View)

.

Stock:CNX

Entry Bar:2
Time Frame:5 minute chart
Entry Green Line: 42.13 SHORT
Stop Red Line: 42.56
Result: .51 to 1.03
Setup Grade: B
Notes: Hoping it would break its previous low on the daily...it didn't but still a gainer, but could have been caught with double bottom on the daily, so a riskier setup. Scale as you go. Like to hold some all day with stop at entry...would have had that portion stopped out.

* 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 and Go Short - SWN

Daily Chart

5 minute Chart

(Double Click Picture for a Larger View)

.

Stock: UPL

Entry Bar: 2
Time Frame:5 minute
Entry Green Line: 43.87 SHORT
Stop Red Line: 44.29
Result: .47 to .79
Setup Grade: B
Notes: Here is a trade from Friday....Playing off the weakness from the day before a small short.

* 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 and Go Short - AEM

5 minute chart

(Double Click Picture for a Larger View)

.

Stock:AEM

Entry Bar:2
Time Frame: 5 minute
Entry Green Line:56.45 SHORT
Stop Red Line: 56.93
Result: .35 to .75 or more if you let some run
Setup Grade: B
Notes: Scale out and let some run all day. Didn't like the Daily chart, but a weak market and very weak at 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.

Gap and Go short - HGG

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)

.

Stock:HGG

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 19.49 short
Stop Red Line: 20.34
Result: .10 to .95
Setup Grade: B
Notes: Scale out as you go, nice breakdown on the daily chart. Let a little 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.

Gap and Go Short - TOL

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)

.

Stock:TOL

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line: 18.66 Short
Stop Red Line: 18.92
Result: Break even to .44
Setup Grade: B+
Notes: Nice drop on the Daily, this is one of those trades where you can catch a little and get shaken out. Missed money is better then lost money. Always maintain your stops and don't give away those profits.

* 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 and go Short - NE

One Minute Chart

5 Minute Chart

(Double Click Picture for a Larger View)

.

Stock:NE

Entry Bar: 2
Time Frame: 5 minute chart
Entry Green Line:40.48
Stop Red Line: 41.44 conservative or 40.74 more risky
Result: up to 1.60
Setup Grade: B
Notes: Here is a great example of letting a winner run as you scale out. The day before took a small loss on a gap and go short. Today, with the timing of the one minute chart, took a nice winner that is still running. One could use the more conservative stop at the high of the day or use the one minute chart for a more risky/high reward trade. Scale as you go and be sure you are out at the end of the 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.

Gap & Go short -BUCY

Daily

5 Minute

(Double Click Picture for a Larger View)

.

Stock: Bucy

Entry Bar:
Entry Green Line: 31.51
Stop Red Line: 32.41
Result: .70 to 2.00
Setup Grade: B+
Notes: nice gap down on the daily, wide stop less shares, scale as you go, 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.

Gap and Go Short - X

5 minute chart

Daily Chart

(Double Click Picture for a Larger View)

.

Stock:X

Entry Bar: 2
Entry Green Line:35.00
Stop Red Line: 35.94
Result: Nice gain depending on when you scaled and set your stop.
Setup Grade: A-
Notes: Nice setup on the daily as it was extended with gap down.

* 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 and go Short - X

5 minute chart entry


2 minute chart stop

(Double Click Picture for a Larger View)

.Stock: X 5 minute chart

Entry Bar: 2
Entry Green Line:28.58
Stop Red Line: 29.03 (used 2 minute chart for stop)
Result: .38 to .85
Setup Grade: B+
Notes: On very large stops I like to scale down to a 2 minute chart to find a better stop placement and buy more shares. This takes practice and takes on more risk. I used the 2 minute as a stop because it was also above a whole number. 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.

Gap and go Short - VNQ

5 minute chart

(Double Click Picture for a Larger View)

.

Stock:VNQ

Entry Bar: 2
Entry Green Line: 32.31
Stop Red Line: 32.77
Result: even to .43
Setup Grade: B
Notes:Scale as you go, would have been stopped out on remaining shares. Later on it broke down, that is the way it falls at times. I used a 2 minute chart to shorten my stop, but that increases risk.

* 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 and Go Short - RIG

5 minute chart

(Double Click Picture for a Larger View)

Stock: RIG

Entry Bar: 5
Entry Green Line: 51.49 Short
Stop Red Line: 52.26
Result: .66 to 1.46
Setup Grade: B
Notes: Took the short on a break of the low, scale as you go, move 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.