HUM call this morning

HUM worked nicely over the 1st 5 min bar. The retracements were on the upper side of the 1st bar, so was waiting to add to the position. Once it started going up , added heavily and protected the whole number 77.

VMW play this morning

VMW played very well over the 1st 5 min today. The 1st bar was extended and worked well.
The 2nd attempt on this play was not great since the add was difficult and ended up with a break even position.

One thing to note in such charts for pullback is, if the 1st bar had a very big range like this one, then the chances of it working on the pullback is less, it may still work eventually in the day but the 1st pullback may not be that good.

ADBE break out play

Another break out play. Start small over the 1st 5 min at B1. Add to the positoin at B2 and enter full size. The stop is now below that red bar or prior 5 min bar. Exit on the way below the prior 5 min bar... excellent play. has more meaning due to the break out pattern.

WTW play from this morning

WTW play this morning - in this case, the support was close to 43, this opened up high and the 1st 5 min bar showed weakness; it tested 46 few times but the whole number did not hold so shorting such patterns have high reward, especially since the support is so low. you can get some real good money with such patterns.

Follow all my 1st 5 min bar variations to see how many plays one can play.

OPEN trade - how to play it

OPEN play - I did not play this stock because of the daily mess. You can only play this for a quick scalp and for purely a quick trade.
Risky and risk to reward ratio is bad in this trade... another variation of the 1st 5 min bar

CAT - pattern to remember and play

This is the kind of play I like, see how the 1st 5 min bar held, came down a bit but not to the bottom of the 1st 5 min bar, a bit of pullback and off it goes again above support of 85 on daily.

remember this pattern and you will see this works many times, higher probability...

KRFT play this morning

Only reason to play was because it kind of looked like a double bottom (it was not in actual sense) but it bounced off the support level and I got in on the next bar high, These pull back plays are risky and may not work since it came all the way back to support, it has higher probability to work if it remained on the top side of the 1st 5 min bar, In this case, it came down to the low of the 1st 5 min bar and breached it momentarily...