Sunday, April 21, 2013

STT short play



This pattern also works generally, this pulled back to 50% level and started going down, my target was 55, didn’t work. I added heavily and lost. But this is a good pattern, especially when earnings such stock moves

Thursday, April 18, 2013

SNDK long trade on pullback

SNDK - pullbacks usually have lower probability of working unless it was at a higher level of the 1st 5 min bar; this would have worked much better if I shorted it; was almost up 3R due to my adds, should have exited to get all profits;

UNH short trade..

UNH again the short did not work well, expected it to go to the prior lows. Went to narrow range and did not yield much.

VZ - not enough range to get big R's..


Range was not good enough to get enough profit.. Small change; on earnings day expected the range to be bigger.

Tuesday, April 16, 2013

JNJ trade this morning. Played too early and lost 1/2 R


Played  too early and lost.. Should have waited for the 5 min high, it worked eventually

KO trade this morning, over 3R profit

Tier 2 , got in at the right time and added very well. Good game. The best part of this chart is the big red bar of yesterday and earnings play.

Thursday, April 11, 2013

ROST long play

Tier 2, good buy but the stock came in quickly and I only got 1R on it.. Was 4R up

Tier 2, another great buy and good add, the bars were on the upper side of the bar and took nice profits and good exit