FSLR long

Called $FSLR long in twitter and stocktwits and played it above 38 and kept adding at every opportunity to get into full size. Stop was always below 38 and exit was close to 39 area. Check out how I played it

ULTA long play

I played my very 1st strategy called the "Power Bar Play" after a long time and see how beautifully it plays out. I called out my gap list that I am watching today before the market opened on twitter and stocktwits and check out how I played it so successfully.

Only issue was the stock was way too spready and I wanted to get out of it at the earliest opportunity.
Learn this with my DVD, simple strategies that will pay off  http://www.agaptrader.com/Trading_DVDs.php

INTU short - fade play

My strategy called fade play when the stock is opening high but opens so much higher that the initial reaction of everyone is to sell the stock creating an initial drop in price. This is how I played it and the strategy is discussed in detail in the dvd

http://www.agaptrader.com/

XLNX short

Called it live on twitter and stocktwits at 9:33am before the move happens. I shorted it close to the 64 mark and took profits close to next whole number at 63. Played out awesome. Check out how I consistently call such plays and profit from it. I called it much before the play happened.

Check my dvd if interested to learn simple day trading - http://www.agaptrader.com/Trading_DVDs.php

WDAY long

Called Workday long when it had not yet started going up at 9:39am EST. Check out how I played it again. This strategy covered in my dvd is called - Mid Bar Continuation play. Check out how I played it and why I take profits at whole numbers. Another awesome trade called live on twitter and stocktwits

FSLR trade - Gap FILL?

One of the traders had earlier asked me a question about the gap fill on FSLR trade today and if it is 30.32 or 32 or 32.5 and my take on it. We did go to and fro on this and here is my take on gap fills and approximations.

Few things I have seen with stocks is:
1- there are no absolute rules that it HAS to fill the gap. It can also fill in 55% of that gap and that is considered good too.

2- Most of the time it works with approximations like whole number because many traders like me take profit or hits stop loss at close to whole numbers. So it is always a region not a definite value. Many may not agree on this but it does work many times. There is no brick wall that the stock has to touch a point before it can go up/down. Hence approximations work

3. Just because this is one example that is being discussed does not mean that this is the RULE. It was for this example, tomorrow it may do something different like CASE 1 pointed out in the chart.
4. Stock price and liquidity has a lot to do with it too. $3 down is 10% down that is big so even if one gets anywhere between 3-7%, it should be good enough and trade-able.

5. Most of the times it works with support resistance better. Like 32.5 region is where the support likes and so is 33.5, it could have gone to 30.32 too.. but that is way far off and the daily pattern does not show that the stock on an average moves $3-$5.

6. 200 Day Moving Average is shown with a purple line. That also has significance and that may hold if stock is up or may hold if stock is low. It will test that point just because many traders believe in it.

7. Fibonacci series traders have a definite way of trading and that works too.

Taking all this into consideration, I would take profits at whole numbers most of the time and it has worked for me with my strategy. It may take many sessions for an actual gap fill. So day trading has a different meaning on it. Longer term or swing trades can say 30.32 for their eventual target, may work for that strategy. Again there is no brick wall that it has to bounce. Approximations always work.
As you can see different traders trade differently based upon chart intervals, type of trading - swing/day/long and hence no ONE trader gets their way. This is what makes stocks most interesting...

This works for my strategy, does not mean the other strategies and successful traders cannot have their way. As long as a trader can do it consistently, I think anything goes. Hope this helps.

Pattern and Strategy: FSLR and CAT

Check out how my strategy called - Mid Bar Continuation. Check out the similarity between these 2 charts. This is covered in detail in my DVD on how to spot, prepare for the trade, stop loss and add to your position and exits.

CAT short

Called out CAT short at 9:39am EST when the trade had just started to form. Check out the chart for this one - CAT and also for FSLR. You will see so much similarity. This is how I trade on my patterns. You will find many such trades with similar pattern. You just need to learn the strategy and jump on the opportunity. Check out how I traded CAT.
All this is covered in detail in my DVD. Check my website

WYNN long

Called out WYNN long at 9:37am EST as I saw the chart going up in the pattern that we are used to trading. It was an awesome trade with perfect opportunities to add to the trade. This is exactly how I have covered it in my DVD. check it out

COH long

Played COH long today. It was a good gap up stock and after the 1st initial dip which kind of held the whole number, it climbed up straight to the next whole number where I took my profits. Check out how I play these consistently every day.

CERN long

Another successful trade called early on when the trade was forming on twitter and stocktwits. This was a clean trade with the strategy working above the whole number. When 64 held, it was time to get in and add when the level retained. I exited quickly at the prior high of the day or at the next whole number which was 65. An excellent trade with huge profits.. My weekly goal achieved!!

IBM long fade play

Another successful trade straight out of my teachings and my dvd. This one is called the fade play where you trade the other direction of the stock. IBM fell hard today after earnings and I went long rather than short. Happens few times during earning season but very high probability

WDAY long

I played workday long when it went above the whole number of 83. I started adding to the position close to my entry point and added very quickly. I exited in the next whole number, exactly as per my strategy discussed in the DVD. Learn how to trade and make a living

COST long

Played COST or costco long today. I called it early on twitter and stocktwits about a potential trade on this stock. Check out how I played it and profited from it. You can learn this skill easily and play it daily

CAT Long

Played $CAT long today, one of the best gaps that I saw in recent times. This one was a steady cash cow with plenty of opportunity to add to the position as it went my way.
I added at every dip and kept adding till it went close to my target and I exited at the 1st opportunity. I could have kept few more but my profits were more than welcoming and I decided to close the position. Check it out.

SBUX long play

One of the best trades after a long time that I really enjoyed playing. This one is again straight out of my strategy. The stock starts with a bit of consolidation, gives opportunity to add as it goes my way and finally it reaches close to the whole number where I can take my exists. Excellent trade with awesome rewards. Great way to end the week

http://www.agaptrader.com/

BIIB short

I shorted BIIB when I saw a good gap down on it. The play down was a quick one and went very fast to close to whole number and I exited my position. I played it twice, the 1st time I hardly put my trade and got stopped out and entered again to get a big gain on the stock. Check out how I play, all strategy discussed in my dvd

NKE long today: Nike

This is another trade straight out of the DVD. Started a small position and then added as the stock went my direction quickly. I wanted to get a high above the whole number but the stock went down and when it recovered, I quickly took my profits close to the whole number. Check it out!!

NVDA long play

I called out NVDA and played this long exactly as I define my strategy. Above the 1st 5 min bar high and entered quickly because the sizing of this stock and the way it moves. I got out just before the whole number exit and paid off very well. These patterns happen on a daily basis. Join the gappers and identify trades that every trader can play

EL long play

There were few that was of interest this morning - CTSH, EL, X, ADSK etc..
EL worked out awesome, if you follow my strategy you will see that such trades happen on few stocks every single day. It is very easy to find them and if you play it the way I tell you to, you will gain most of the time. The success ratio is pretty high and is very predictable.

I liked EL when I saw that it did not go below the 1st 5 minute bar. This strategy is called weak bar reversal play. I exited at whole number.

GILD short

Played GILD short this morning and had called it as the trade was forming on twitter. I had expected a quicker move downward but it also fell in the extended consolidation pattern but never crossed the top whole number which is why this was still a play. It did work out but not a huge profit.
Check out my entries/exits

AIG long

Played AIG long this morning but the stock did not go much further. One reason is the 1st bar is just too long and all the move happened within the 1st 5 minutes leaving hardly any room for more movement. The consolidation looked good and a 2nd strike could have worked but it did not.
It is important to take your stops and hence posting it.

GILD short

This is another example of the strategy called "Mid bar continuation" where there is weakness on the 1st bar but the pattern continues in the direction of the trade. Works out nicely. Check out the play. I did not play this but saw the gap much later so just wanted to post the pattern for everyone's benefit.

TXN Long

Played TXN long today. This was an awesome pullback play. I started with a small size above the 1st 5 minute bar and then added when I got a pullback. This worked out very nice and got plenty of opportunity to add and exited close to the next whole number. Check out how I play this accurately and win every single time on this play.

WDAY short

I played WDAY short as soon as it went below the 1st 5 min bar. the 1st bar on 1 min was too quick down so just started small on it and added when I got a rebound on the 1 min chart as shown. I finally exited when it dipped below the next whole number mark. Awesome trade straight out of my dvd and training

All charts are shared at my blog – http://blog.agaptrader.com/
Want to learn how I traded this stock and what strategy I used? Check out my DVD where this strategy is listed –http://www.agaptrader.com/Trading_DVDs.php

I coach fellow traders and share my successful strategy. You can purchase my DVD that describes my strategy in detail. Learn a new skill and take control of your finances

STX long trade

Played STX long today. This was a neat chart pattern that fits my criteria. IT was a nice and steady move upward. I got in at the high of the 1st 5 min chart and then added on every opportunity. Once in full size in, I waited to exit close to the next whole number. This may still go up but I got my profit for the day.. learn this easy technique. Happens all the time.

All charts are shared at my blog – http://blog.agaptrader.com/
Want to learn how I traded this stock and what strategy I used? Check out my DVD where this strategy is listed –http://www.agaptrader.com/Trading_DVDs.php

I coach fellow traders and share my successful strategy. You can purchase my DVD that describes my strategy in detail. Learn a new skill and take control of your finances

NFLX long play

Check out how accurately I called out NFLX long play. I clearly stated on twitter and stocktwits when to enter and add to the position. This is how the game is played. Check out how much I made in just a short period. This is how you play the trades.

All charts are shared at my blog – http://blog.agaptrader.com/
Want to learn how I traded this stock and what strategy I used? Check out my DVD where this strategy is listed –http://www.agaptrader.com/Trading_DVDs.php

I coach fellow traders and share my successful strategy. You can purchase my DVD that describes my strategy in detail. Learn a new skill and take control of your finances