Friday, April 26, 2013

COV trade short, got unlucky and got stopped

Shorted the stock, the 1st bar was too big hence the follow through was not that big, liked the pattern and shorted it, got unlucky and got stopped close to 63

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

RCL play today

Awesome start on 1 min RBI, played out too well, took profits on the way up

LRCX long play today

Started small and added to the play and took profits on the way.. awesome play today

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