Tuesday, May 14, 2013

MYGN long

MYGN long was called in twitter / stocktwits above 34. See how it worked, and why one should play such patterns.

IOC Long

IOC long play was called over the 1st 5 min high in twitter / stocktwits. It worked awesome. Only issue was sizing in this as it was just too spready and would fall 50 cents one time. So this was a cautious play, worked nicely

DDD long

Called DDD long on twitter/stocktwits as it was being formed real time. See how it played out. This is my usual 5 min high play.

TSLA short

Shorted TSLA today seeing the big weakness  I did play a bit too early on this as it could have bounced and this stock is just to quick mover. But it worked out very well. Shorted it 2 times. The second time was because it just failed to go up and by price action, one could easily say that it will fall couple of bucks if it broke 90.. and it did

Monday, May 13, 2013

PSX - when not to trade

PSX pattern shows when not to trade. If it breaks the 1st 5min chart, then do not trade it, even if it works out as seen here. These patterns will burn your fingers more times than giving you profits.

GILD play

GILD play, same 5 min pattern that I play. This one you have to start small in case there is a pullback. Then add in your favor and exit on profits

DDD 5 min

Another 1st 5 min holding play. Always play such patterns. 1st 5 min holding, small pullback, awesome way to get $$
Works most time