Winner and Loser: SYNA and AKS

Top Picture AKS - Gap and Go Loser, came down took out my stop then took off, it happens.

Bottom Picture SYNA- Gap and go short winner 10 minute play.

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15 Minute Candlestick breakout - KFT

Daily Chart

Set Up

Full day result - also presents 123 pullback to Outside range high

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Stock:KFT

Entry Bar: 9
Entry Green Line:26.81
Stop Red Line: 26.70
Result: even to .16 (1.6r)
Setup Grade: B+
Notes: Breaking out on the daily from its wedge. Scale as you go and get the stop to entry. I scaled out, moved my stop to entry and was stopped on my remaining shares. I reentered after 123 pullback hammer that formed at the 15 minute outside range. .07 risk.....scaled out at plus .10 and 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.

2 minute 8SMA - DOV

2 minute setup

result and out

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Stock:DOV 2 minute chart

Entry Bar:9
Entry Green Line: 31.53
Stop Red Line: 31.43
Result: .31 and out
Setup Grade: B
Notes: I only take these in the first 30 minutes of the day, I look for small narrow range bars. I get and out quickly. This one is from Friday. If I didn't hit my goal I would have got out on the bottom of the last down red bar.

* 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.

Vacation - Will post a chart this weekend

Will post a chart this weekend - vacation, not much trading for the next week.

Gap Fill and Go - AET

5 minute chart - This was sent to me by a reader, nice trade

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Stock:AET 5 minute chart

Entry Bar: 2
Entry Green Line: 25.27
Stop Red Line: 24 conservative or under 20 SMA 24.49
Result: .33-.98
Setup Grade: B
Notes: Trade from a reader made yesterday, he scaled out as it went up, 40%(25.6), 30%(25.97), 30%(26.25).

* 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.

Screen shot of my stock watch list

I get this question a lot, how do I track my watch list of stocks on the day. Here is a screen shot of how I track my candidate's for the first 30 minutes of the day when trading the 2 minute charts. I get this list from my pre market scans.

I use tradestation to track my candidates but use Street Smart Pro Schwab to make my equity trades.