Tuesday, July 31, 2007

Free Fall - ABK

2 Minute Chart

15 Minute Chart

Stock: ABK 2 Minute chart
Entry: 69.03
Stop: 68.52
Volume increasing on 15 minute chart: yes
Entry away from 5 EMA: Yes
Entered off Green candle: yes
Result: .65 to .92 gain

Note: Less shares with wide stop, scale out, a couple of these setups showed up today.

30 Minute Gap Fill - BOBJ

5 minute chart - entry

30 Minute chart - shows gap fill

Stock: BOBJ 5 Minute Chart - short
Entry: 45.63
Stop: 45.75
Volume > previous day: yes
Strong WRB 30 Minutes gap fill: yes
Type of entry: Breakdown
Entered off strong red candle: yes
Result: .19 to .45 gain
Notes: The trade matched the market, gaping up and retracing. I like to search for Gap fills after the market has gaped and is looking to refill its gap. Scale out as it goes your way

Monday, July 30, 2007

Sling Shot - LIZ

30 Minute Chart

Daily Chart

Stock: LIZ 30 Minute Chart
Entry: 33.79
Stop: 33.51
Volume > previous day: yes
Daily chart: several down days looking for a snap back
Entered off strong Green candle: yes
Result: .28 to .59 gain

30 Minute Gap Fill

30 Minute - 123 pullback gap fill

Stock: MHP 30 Minute Chart - short
Entry: 59.74 Short
Stop: 60.03
Volume > previous day: yes
Strong WRB 30 Minutes gap fill: yes
Type of entry: 123 Pullback
Entered off strong red candle: red yes but lower tail - see notes
Result: .8 to .39 gain
Notes: Normally I pass with my entry candle not closing near the bottom of its range but I liked the shallow pullback to the 5 EMA, the strong gap fill & volume

Friday, July 27, 2007

Free Fall - NOV

Enter on 2 Minute Chart

15 minute Chart

Stock: NOV 2 Minute chart
Entry: 118.63
Stop: 118.27
Volume increasing on 15 minute chart: yes
Entry away from 5 EMA: Yes
Entered off Green candle: yes
Result: Flat to .62 gain
Note: Dont be a pig - scale out as it goes your way, singles and doubles add up over time

EMINI - YM 123 Pullback

YM 5 Minute Chart

Entry: 13544 - Short
Stop: 13558
Pullback Point: 200 EMA
Pullback Orderly: Yes
Result: 67 to 93 point gain

Thursday, July 26, 2007

Gap & Go 123 Pullback - CELG

5 minute Chart

Daily Chart

Stock: CELG 5 Minute Chart
Entry: 59.62
Stop: 59.29
Volume > previous day: yes
Daily chart: breaking out
Orderly Pullback: yes into 5 EMA
Entered off strong Green candle: Green yes
Result: .28 to 1.35 gain - see notes
Notes: Can trail your stop with the low of the last candle or a close below the 5 EMA

EMINI - YM Fade

YM 1 Minute chart

Entry: 13607
Stop: 13591
First Test of Fade Point: Yes support -Pivot support 3
Result: 19 to 46 point gain
Note: You can roll the dice and enter at the pivot point or wait for confirmation. I entered with the 1 minute chart confirmation. After scaling out you can trail the remaining contracts with the 1 minute chart or try for a larger gain and use the 5 minute chart. See the drop up to this extreme fade point.

Wednesday, July 25, 2007

Free Fall - BBD

Enter on 5 Minute Chart

15 Minute Chart

Stock: BBD 5 Minute chart
Entry: 26.58
Stop: 26.39
Volume increasing on 15 minute chart: yes
Entry away from 5 EMA: Yes
Entered off Green candle: yes
Result: .38 to 53 gain
Note: Be sure your scaling out especially near whole numbers and 20 EMA

EMINI - YM 123 Pullback

Enter with 2 minute chart

Trail with 5 minute chart

Entry: 13860 - short
Stop: 13871
Pullback point: Daily Pivot
Pullback Orderly: Yes
Result: 22 to 45 point gain
Note: I entered with the 2 minute chart confirmation and trailed with the 5 minute after scaling out. After scaling out you can trail with the 2 or 5 minute chart. See the run up to this fade point.Many times If I get a nice run I bail at the 20 or 200 EMA on the 5 minute chart.

Gap & Go 123 Pullback - BOBJ

2 Minute Chart

Daily Chart

Stock: BOBJ 2 Minute Chart
Entry: 45.36
Stop: 45.24
Volume > previous day: yes
Daily chart: Gap up, blue skys
Orderly Pullback: yes
Entered off strong Green candle: Yes
Result: .22 to .36 gain
Notes: If you control your greed and scale out these singles add up. the smaller the time frame the less greedy you need to be.

EMINI - YM 123 Pullback

E-Mini YM

Entry: 13811 - Short
Stop: 13825
Pullback Point: 20 EMA
Pullback Orderly: Yes
Result: 8 to 41 point gain
Note: Greed kills be sure you are scaling out

Tuesday, July 24, 2007

Sling Shot - DVN

30 Minute Chart

Daily Chart

Stock: DVN 30 Minute Chart
Entry: 78.15
Stop: 77.52
Volume > previous day: yes
Daily chart: several down days looking for a snap back, liked the support of the 50 EMA (before it tanked again)
Entered off strong Green candle: yes
Result: .09 to .59 gain
Note: Large stop less shares, always take some off when the trade goes your way

Monday, July 23, 2007

EMINI - YM Breakout

EMINI - YM

Entry: 14001
Stop: 13987
Breakout Point: Pre Market High
Entered off Strong Green Candle: Yes
Result: 15 to 39 point gain

123 Pullback 15 Minute Candlesticks - DO

15 Minute Chart

Daily Chart

Stock: DO 15 Minute Chart
Entry: 111.14
Stop: 110.45
Volume > previous day: yes
Daily chart: blue skys
Orderly Pullback: yes
Entered off strong Green candle: Green yes, strong close No, see notes
Result: 2.31 to 3.58 gain
Notes: Candle is green but didnt close at top of the range and left a slight upper tail. I usually pass but the wide stop, strong market, and close above the 5 EMA make it worth the risk.

Sunday, July 22, 2007

Sling Shot - MBI

30 Minute Chart

Daily Chart

Stock: MBI 30 Minute Chart
Entry: 56.93
Stop: 56.60
Volume > previous day: yes
Daily chart: several down days looking for a snap back
Entered off strong Green candle: yes
Result: .49 to .86 gain

Thursday, July 19, 2007

EMINI - ES Fade

EMINI - ES 5 Minute chart

Entry: 1558.25
Stop: 1556.75
First Test of Fade Point: Yes both 200 EMA & pivot point
Result: 2.25 to 3.50 point gain
Note: Entered with confirmatin on the 1 minute chart

30 Minute Gap & Go - SAP

5 Minute Chart

Daily Chart

Stock: SAP 5 Minute chart
Entry: 55.86
Stop: 55.72
Volume > previous day: yes
Daily chart: Blue sky's
Result: .15 to.34 gain

Wednesday, July 18, 2007

Free Fall - FHN

15 Minute Chart - Notice increased Volume on the down bars

Enter using 2 Minute Chart

Stock: FHN 2 & 15 Minute chart

Entry: 36.67

Stop: 36.47

Volume increasing on 15 minute chart: yes

Entry away from 5 EMA: Yes

Entered off strong Green candle: slight upper tail, but yes green & strong

Result: .28 to 88 gain

Note: Once I get a nice gain and scale out (especially near whole #) I prefer trailing with 15 Minute candle. Can use 5 or 2 minute chart to enter, where ever you get a green candle printed away from the 5 EMA

Tuesday, July 17, 2007

30 Min Candlestick OR breakout - BEN

30 Minute Chart

Daily

Stock: BEN 30 Minute chart
Entry: 143.37
Stop: 142.75
Volume > previous day: yes
Daily chart: Blue sky's
Entered off strong Green candle: yes
Result: 1.39 to 2.22 gain
Note: Large stop = less shares

Monday, July 16, 2007

30 Minute Gap & Go - UTX

5 Minute Chart

Daily Chart

Stock: UTX 5 Minute chart
Entry: 76.07 - Candle 15 not 14.
Stop: 75.91 (I want the stop under the breakout point, 30 minute high)
Volume > previous day: yes
Daily chart: Blue sky's
Result: .70 to .90 gain
Note: Why not enter off the 14 candle instead of candle 15? With entering off the high of candle 14 I would be entering off the 5th up bar, which increase my odds for a pull back. I rarely enter if the move has seen 4 or more up bars. Candle 15 gave me the pause I was looking for and a nice green NR candle.

Friday, July 13, 2007

15 Min Candlestick OR breakout - WFMI

15 Minute Chart

Daily Chart

Stock: WFMI 15 Minute chart
Entry: 39.71
Stop: 39.49
Target: Daily 50 EMA at 40.20
Volume > previous day: Not strong then previous day but beautiful setup
Daily chart: Resistance at 50 EMA but room to run to get there
Entered off strong Green candle: yes, nice WRB
Result: .31 to .51 gain (suggest sell 90% at the Daily 50EMA)

Thursday, July 12, 2007

5 Minute Gap Breakout - FRO

5 Minute Chart

Daily Chart

Stock: FRO 5 Minute chart
Entry: 52.59
Stop: 52.39
Volume > previous day: yes
Daily chart: Breakout New High
Entered off strong Green candle: yes
Result: .15 to .41 gain

Wednesday, July 11, 2007

30 Min Candlestick OR breakout - YUM

30 Minute Chart

Daily Chart

Stock: YUM 30 Minute chart
Entry: 34.30
Stop: 34.06
Volume > previous day: yes
Daily chart: Previous day down big with increased volume, gapped up today and trapped the bears,
Entered off strong Green candle: yes
Result: .17 to .60 gain

Tuesday, July 10, 2007

30 Minute Gap & Go - PBG

5 Minute Chart

Daily Chart

Stock - PBG 5 Minute chart
Entry - 36.26
Stop - 36.08
Daily chart, breakout room to run
Result: -.05 to .13 gain
NOTE - My rule: Any time a candle closes below the 5EMA, move stop to low of the candle

Monday, July 9, 2007

30 Min Candlestick OR breakout - LFC

30 Minute Chart


Daily Chart

Stock - LFC 30 Minute chart
Entry - 58.76
Stop - 58.42
Volume > previous day: yes
Daily chart, breakout room to run
Entered off strong Green candle - yes
Result - .03 to .69 gain
NOTE - Larger stop taking less shares, great example of why you scale out, see the long tail

15 Min Candlestick OR breakout - CMI

15 Minute Chart

Daily Chart


  • Stock - CMI 15 Minute chart

  • Entry - 113.19

  • Stop - 112.53

  • Volume > previous day: yes

  • Daily chart, breakout room to run

  • Entered off strong Green candle - yes

  • Result - 2.78 to 6.99 gain

  • NOTE - Large stop taking less shares

Saturday, July 7, 2007

30 Minute Gap & Go - RDS.A

5 Minute

Daily

Stock - RDS.A 5 Minute chart
Entry - 84.86
Stop - 84.65
Daily chart, breakout room to run
Result - .14 to 39 gain

Thursday, July 5, 2007

30 Min. Breakout, 5 Min. Candlesticks - CLF

5 Minute

Daily

Stock - CLF 5 Minute chart
Entry - 81.26
Stop - 81.03
Volume > previous day: yes
Daily chart, breakout room to run
Entered off strong Green candle - yes
Result - .90 plus gain

Tuesday, July 3, 2007

5 Minute Gap Breakout - ERIC


Stock - ERIC 5 minute chart
Entry - 41.45
Stop - 41.38
Daily chart agrees, breakout room to run - yes
Entered off strong Green candle - yes
Result - .17-.25 gain

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.

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