Thursday, May 23, 2013

BIDU swing

Called for Bidu swing on May 11 above 93, it is holding this place now, add to it above 95. My prior call is here -http://agaptrader.blogspot.com/2013/05/bidu-swing-play.html

TLT swing

This looks like a good swing play above 118. Holding 116/115 is the key.

SMTC bounce

I had posted something similar on SINA / NFLX etc. Here is another example, when something falls quickly or falls in 5-6 bars down, then expect a bounce from a whole number or from a support region.
Bounce will be about 50%

EXPD swing triggered

Like the expd swing trade, it went strongly above the 200 day moving avg and above the resistance today. This is a very good strong positive sign. This will see 44 as target.

Z swing

Like Z swing here. Look how it came to support and started going up again. This crossing 60 is a very good sign.

CRUS-SMTC compare

Check out the similarities in the 5 min pattern on SMTC and CRUS. I played SMTC today and did not have CRUS on radar. But if I had, this looks so similar on 5 min down trend.
Check out how the 1st bar went down and came back and continued the downtrend. Remember these and play it often

SMTC short

SMTC short worked perfectly, called it at 9:31 a bit aggressive but added on the 1 min as shown and exited at whole numbers. See how to play it
Also one could have played the bounce. See my bounce plays in my blogs