P short pattern today.
One could have started this play shorting it at the low of the 1st 5 min bar. Start small as you want to make sure it goes in your favor. Then add to your position below the consolidation on the 1 min, in your favor.
Add to it again when it breaks the whole number of 16.
Your stop needs to be the whole number now and protect it. It is a soft stop not hard one (means do not place a limit order).
Exit on the volume peak and shown.
Learn such patterns. This pays a lot
Monday, June 3, 2013
INFY swing
Had called for INFY swing position to start on May 30 on my blog earlier - http://agaptrader.blogspot.com/2013/05/infy-swing.html
It is now working and is above 44 today. Like it so far the way it is shaping up. Add to position in your favor.
It is now working and is above 44 today. Like it so far the way it is shaping up. Add to position in your favor.
RAX swing
RAX broke the support at 40 few days back, next level to test it is about 30. Do not buy it yet. Wait and see where it goes.
VMW support
VMW is at crucial support on daily and on weekly chart. If this holds, it may see some bounce. This is key as it has not broken this for a long time.Keep an eye on it to see how it shapes up.
Today's close is important
Today's close is important
Friday, May 31, 2013
KKD high
This is at the high today. A very strong 1st 5 min bar and then followed the trend. Playing above the 5 min high and exiting on the prior bar low was the way to play this strategy
AMZN above support
AMZN doing good today. It is on the higher end of the bound range. It looks higher to me. May test 275 -280 level again.
TSLA swing call
Had called TSLA swing at support 80 going up for a target of 140. It is still very good and the chart looks good above 100. Check out my calls on it - http://agaptrader.blogspot.com/2013/05/tsla-has-potential.html
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