Trading Week 8 [Thursday] – Reversals & Opening Range Breakouts/Downs ($W, LB)

Set ups I am focusing onGap DownsOpening Range Breakups/DownsReversalsContext Play – including Trend Continuation (All Day Hold)Green Day$W (Gap Down)Catalyst – ***Couple of trades. Trade 1 was picture perfect textbook. Was up over $, got greedy but looked in most and the breakevenBig Picture ViewI want to analyse the picture view right before the open. This means… Read More »

Trading Week 8 [Wednesday] – Reversals & Opening Range Breakouts/Downs ($TLLP, $YUM)

Set ups I am focusing onGap DownsOpening Range Breakups/DownsReversalsContext Play – including Trend Continuation (All Day Hold)Green Day$TLLP (Gap Down)CatalystPublic Offering – http://finance.yahoo.com/news/tesoro-logistics-lp-announces-public-210901040.htmlBig Picture View I want to analyse the picture view right before the open. This means I look at multiple time frames like 15, 30 and 60 minute. The Day chart helps identify the Gap… Read More »

Red Trades Review – 2017.02 (February)

February 22th$YUM Trade taken out of frustration. I usually like to have profits locked in by 9.45am then watch for A+ set ups to trade with less share size.Trade ChartMultiple Time FameFebruary 17th$GISTrade one, got greedy. I need to lock in immediately I am up or at worst put in a profit stop.Next mistake was shorting consolidation… Read More »

Trading Week 8 [Tuesday] – Reversals & Opening Range Breakouts/Downs ($KHC)

Set ups I am focusing onGap DownsOpening Range Breakups/DownsReversalsContext Play – including Trend Continuation (All Day Hold) Green Day$KHC Gap Down)Was very hesitant on this one. Wanted to short reversal of pop. Worked out well and glad I got out immediately once targets got hit.Hourly ChartMultiple Time Frames Share the post “Trading Week 8 [Tuesday] –… Read More »

Trading Week 7 [Thursday] – Reversals & Opening Range Breakups/Downs ($TRIP, $MOH)

Set ups I am focusing onOpening Range Breakups/DownsReversalsContext Play – including Trend Continuation (All Day Hold)Green Day$TRIPOpening Range Breakdown. Failed continuation so cut the trade$MOHShort pop of weak stock that gapped down and was way oversold before the open. Share the post “Trading Week 7 [Thursday] – Reversals & Opening Range Breakups/Downs ($TRIP, $MOH)” FacebookTwitterGoogle+

Trading Week 7 [Wednesday] – Reversals & Opening Range Breakups/Downs ($AIG, $FOSL, $RDUS)

Set ups I am focusing onOpening Range Breakups/DownsReversalsContext Play – including Trend Continuation (All Day Hold)Green Day$FOSLOpening Range Breakdown but cautious considering i had already moved down significantly premarket$AIGBottom bounce play. Entry right after close of first Green candle after 5 or more consecutive Red candles.  $RDUSShorting Pop – 3rd 5 min Candle. Risk HOD. Share the… Read More »