Thursday, February 22, 2018

Thursday 1st Hour Trading Map

Pre- Market Gaping Stocks to Watch

Gap and Go: Trending Positive Pre-Market 
  • aimt - over pre market high 34.43
  • sgmo
  •  w - short
Gap and Fade @ Support or Resistance
  • roku - over 42


Other Gaping Stocks to Watch
  • aaoi - fade over 30


 Indexes Gap Fill and pre-market Notes:

  1. SPY: 3 - stop above 273.15 pivot
  2. QQQ:3
 * Price points using 3x leveraged EFT's for spy - SPXL (Long) SPXS (short) and 2x qqq QLD(long) QID(short)

Gap Fill Index:
  • 4 - Highly Probable
  • 3 - Probable
  • 2 - Neutral
  • 1 - Highly Doubtful

Current Holds and Trades for Roth IRA Tracking Account:

  •   break below today's low and will short the spy (take spxs long) - goal 1r sell half with stop below 60 minute sma

IRA Tracking Account vs SPY Update
  (Current Trades and results- click below - vs S&P 500 Index)



TRADING PLANS 



* You don't have to trade everyday. If the conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. Missed money is better than lost money.  Day trading and the stock market is not a "war" that you must win at all cost. Trading should be fun, wait for only the good setups. Follow your rules, stick to your stops, and know that everyday the market presents a new chess board.

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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 & TD AMERITRADE