Friday, April 26, 2013
BIDU short worked well, had sized big, a bit risky
Shorted the stock at reversal time and sized it big. was a bit risky since it had already gapped down a lot and was close to support. Got the profits and closed it quick.
Thursday, April 25, 2013
CCI play this morning, this pattern works
Played on pullback and it worked awesome. When the stock does nto fall below its 1st 5 min bar and pulls back to half of the 1st 5 minbar, it is a good probability game
Wednesday, April 24, 2013
BRCM long play
This opened close to the support but there was resistance on the area. It never cleared the entire 35 area clearly. Historically this chart does not move much. Due to earnings the volume was huge. Did not add to the position as was not very happy with the chart as such. Small change.
WYN Short counter trend
This was a good gap up above support, but it started weak and did not hold. I started my position with the 1st big bar drop on 1 min and added on 5 min low. Took profits as it went down and closed position. Great profits today
YUM long play and added to position with neat profit
YUM play, started at support with small size and added heavy when it did not fall below the 1st 5 min bar, it did hold 68 close enough and did not get stopped. Added to position and then took profit on low of the prior 5 min bar.. Exits are usually bar by bar and I exit my 1st position on the prior 5 min bar low.
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