my trading...

Quote from chrisofj:

Thanks just one more question. Do you have specific rules in being picky or is it a matter of judgement based on your experience? Or both I suppose! Thanks so much.
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Of course i have certain criteria that i look for ..

i look for price to get stretched far fom the 24 MA using a 3m chart as well as price to penetrate the upper (or lower) band with volume. I also look to see if this looks like the end of a trend or is this a new trend devoloping .. And of course, my experience and a feel for the market helps.

I will post trades as they occur .. They will be timestamped so that you may match them to your charts , of course if i am able to post screenshots, i will.
 
Quote from saico:

Hi Sobemark,

what kind of bands and parameters exactly are you using?

Much thanks
Saico
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i use a per. 3 up/low envelope (SMA) with a 1% offset
 
Just now (10:48am) closed NTAP at $33.10. Got in at $32.60.
Also closed another at 10:48am (will not name) at $19.71. Got in at $19.23. This stock is now at $20.05. Market went off its high at 10:42am (Nasdaq Comp) after a sharp run up and I exited. I suspect that it has topped for now and could pull back more. Will see what late trends develop, if any.
 
9:30:13 Buy 1000 JOBS at 28.29 on ARCA (1000 traded @ 28.0114) Executed

9:33:50 Sell 1000 JOBS at 28.00 on ARCA (1000 traded @ 28.0915) Executed

scratch .. tried for the gap fade at the open
 
Quote from sobemark:

9:30:13 Buy 1000 JOBS at 28.29 on ARCA (1000 traded @ 28.0114) Executed

9:33:50 Sell 1000 JOBS at 28.00 on ARCA (1000 traded @ 28.0915) Executed

scratch .. tried for the gap fade at the open
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no further setups today ..

net +$80.10 usd
 
since i did not have any setups today (boring), I will post a chart setup from 1/11/05..

I executed the trade twice ..it should already be posted to this forum ..
 

Attachments

Today was a very good volatility day if you were on the right side. I started off fine but lost my gains when the market turned up sharply in the morning. I had a couple of short positions in YHOO and EBAY and elected to cut losses. I finished flat on the day. Ironically, late in the day YHOO and EBAY sold off before rebounding and I would have been in good shape. After hours has been difficult to find a good trend since YHOO, JNPR have been all over the place but mostly up. Tomorrow will be interesting to see how the market digests the earning news.
 
Quote from zoner989131:

Today was a very good volatility day if you were on the right side. I started off fine but lost my gains when the market turned up sharply in the morning. I had a couple of short positions in YHOO and EBAY and elected to cut losses. I finished flat on the day. Ironically, late in the day YHOO and EBAY sold off before rebounding and I would have been in good shape. After hours has been difficult to find a good trend since YHOO, JNPR have been all over the place but mostly up. Tomorrow will be interesting to see how the market digests the earning news.
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agree .. we'll see how the internets and the networkers react on YHOO, JNPR
 
Quote from reid5525:

Just now (10:48am) closed NTAP at $33.10. Got in at $32.60.
Also closed another at 10:48am (will not name) at $19.71. Got in at $19.23. This stock is now at $20.05. Market went off its high at 10:42am (Nasdaq Comp) after a sharp run up and I exited. I suspect that it has topped for now and could pull back more. Will see what late trends develop, if any.
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After that first high at 10:42 the index (Nasdaq Comp) turned up and continued to rally, closing at its high. Not used to seeing that kind of rally often these days, but I guess investors liked the earnings numbers and scouped up stocks. I stayed out after the first run up, having bagged two uptrends then. It was a great day for stocks.
 
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