GPS play today

GPS play this morning where I got close to 2R.., it played out much better and went above 41 that I did not expect due to the 1 min bars. See how each bar has a tail.. dont generally like such pattern. Also there was on bar on 1 min, that has a very big tail.. so just wanted to protect my profits.

OWW 5 min play

This is my favorite pattern. Why?
1. Nice support on daily
2. 1st 5 min bar is clean with no tails (or least tails)
3. Goes above whole number

Very nice play and opportunity to add along the way and exit.

GMCR pullback

Check out my GMCR play this morning. I had posted another chart in the morning when I played it. Here is another analysis on how you can play it on pullback. 70 holding was the key and one can start small and add on to the size to get great profits off the 2nd pullback play. This is best for people who do not want to trade the 1st 30 mins since it is just too volatile.

RAX short

RAX was a perfect short after the 1st 5 min low. You cannot play it at open since the gap was huge.. shorting the stock and adding to the position worked out beautifully. Cover  as you go..

DLR short call

See how I called the DLR short trade.. Below the 1st 5 min low, 66 was support on dialy, 65.5 was on the intra day below the 1st 5 min bar.. cover at whole number

GCMR trade

This was an awesome trade, got in on the red bar ignored on 1 min and added heavily very quickly in my direction of the trade.. I had to exit the next minute as I got my profits and then kept the rest to exit later.. perfect play..

TSLA Play today

TSLA opened up too high so cannot play at open, had to wait for it to settle down and people to take profits before you can enter it long.
This was more of a speculative buy just because of the hype of trading TSLA. I went in on the whole number with small size and exited at the high of the day.