Tuesday, May 7, 2013
PRGO short trade
PRGO worked nicely at open, but was very spready and risky. Now it is forming an excellent pattern to short.. will have to see if it works. See the range on the charts
FSLR Profit today
Monday, May 6, 2013
DDD 5 min play
Played DDD on 5 min looks great. Also check out the lunch time pattern. Most of the charts is like this for lunch time.
See how the 1st 5 min bar held. Playing such pattern always or most of the time works well.
See how the 1st 5 min bar held. Playing such pattern always or most of the time works well.
BAC - Don't play lunchtime
BAC - can be played when it had a break out but range is small so tough to do day trade with BAC.
One thing I wanted to point here is that though the lunch time 12-1pm looks good break out, NEVER play it; Most of the time this fails.. sometimes it works like in this chart
One thing I wanted to point here is that though the lunch time 12-1pm looks good break out, NEVER play it; Most of the time this fails.. sometimes it works like in this chart
ARNA play - tough to play such gaps for day trade
Usually don't trade such stocks for day trading.. Don't even like it for swing trade or long term trade purely by technical reasons.
If there is fundamental reason to play.. then go for it.
If there is fundamental reason to play.. then go for it.
TSLA play this morning.. worked nicely
Telsa worked beautifully, holding the whole number 56 was key for this play, once it held, you can add and exit on the way. Again exit on 57 was key. Can go up during the day.
Subscribe to:
Comments (Atom)






