MCP play

Awesome MCP play, perfect break out above 6 on the daily and see how it can be played. Very nice pattern and see how good the 5 min bar and the 1 min bars are. Gave another opportunity to play it after the lunch hours and worked out perfectly.

See the lunch hour doldrums and why one should not trade during lunch.

PANL short

PANL short worked but just didnt like it due to the daily mess and because it opened above the 200 day moving avg and then went down. 5 min chart looks beautiful

I didnt play it

MGA pullback long call

I did not play MGA, but I had called it on twitter/stocktwits and this is how you could have played it. This is a pullback play. stop is below the bar where I have said buy. Not great risk reward., already extended pattern on daily

MDVN short call

My MDVN short call below the 1st 5 min worked but was short lived. It did not last or continue the trend long enough to add and make much more. Now it is consolidating and has a good chance to fall. I tried the 2nd time and exited since found it risky. But actual stop is 50.31 which has not yet been taken.

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.