Saturday, July 7, 2012

Gap and Go short - QQQ - Last Post Until September

60 Minute Chart
 
15 Minute Chart
 
.
Stock:QQQ
Entry Bar: 2
Time Frame: 15 Minute
Entry Point: 64.43
Stop: 64.70
Exit Goal: 64.05
Result: yes
All or Nothing Result: all
Notes: Very weak Gap down after run up.. Nice red 15 minute bar after breaking 60 minute up trend, take it and ride it with keeping to your stop. I check every morning the gaps on the SPY and QQQ. In seeing that the odds to fill where weak I then tracked the potential to take a go with gap play. That is how I found this trade. 

Will start Posting again after the summer! Will focus more on how I trade the SPY and QQQ...Stay Cool see you in September. 

* All or Nothing means to place a trade, set a exit goal and a stop, and not to manage the trade unless it’s the end of the day. Feel free to post any trades you made today that you would like commented on.

Monday, July 2, 2012

15 Minute Breakout - GDOT

Daily Chart
 
15 Minute Chart
 
.
Stock: GDOT
Entry Bar:2
Time Frame: 15 Minute
Entry Point: 23.26
Stop: 23
Exit Goal: 23.95
Result:
All or Nothing Result: All
Notes: Nice break on the daily and strong volume. No trading until Thursday with the holidays.

* All or Nothing means to place a trade, set a exit goal and a stop, and not to manage the trade unless it’s the end of the day. Feel free to post any trades you made today that you would like commented on.

Disclaimer

I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION & SCHWAB.