Spydertrader's Jack Hershey Equities Trading Journal III

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Quote from Haroki:

Bought BKI. It opened waaay outside the RTL, near the hi of the day, then filled the gap in the first 30 min bar. I bought when price BO'd again on inc black on a 30 min chart.

In at 13.55 .

Note that again, the last day's volume isn't showing, but it's higher.
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Looks like it's dead for now, although it may have some juice in it if overall markey volume returns. Sold at 14.34

+5.8%
 
Also grabbed YTEC @ 14.41 late in the day.

Was looking at SMSI from the deleted list when it was up around 5%, but let it slip from my mind. Of course it closed up 13%. LOL....

Still in SOLF, + 37%
 

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Ok, I'll confess. I did the dirty and averaged down on XING after that 13% gap down a few days ago and got out of it yesterday with a small loss, about 2%.

Of course, this am it gaps up 20%.

It never fails... :D :D
 
DRYS was a clear buy today as I did have it on my watchlist. Nicve Brunio R setup in my opinion. I didnt get in cause Im still experiencing caution to pull the trigger. Ive been going over 30 min charts and feel that with Bruno R setups and even just beginner method setups I feel safer waiting for a point 3 to be formed on the 30 min chart along with continued volume levels for a better entry point. If you look at the first two bars of DRYS it clearly had the initial run up described by Jack in the Bruno R document. So I'm waiting for the retrace and then a point three to come in(with volume) and I might grab 100 shares. My question is, can someone show their Guassian analysis for DRYS and with respect to my description of my possible entry point, is this a good/safe assessment?
 

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Quote from LittleMac:

DRYS was a clear buy today as I did have it on my watchlist. Nicve Brunio R setup in my opinion. I didnt get in cause Im still experiencing caution to pull the trigger. Ive been going over 30 min charts and feel that with Bruno R setups and even just beginner method setups I feel safer waiting for a point 3 to be formed on the 30 min chart along with continued volume levels for a better entry point. If you look at the first two bars of DRYS it clearly had the initial run up described by Jack in the Bruno R document. So I'm waiting for the retrace and then a point three to come in(with volume) and I might grab 100 shares. My question is, can someone show their Guassian analysis for DRYS and with respect to my description of my possible entry point, is this a good/safe assessment?
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I had pretty much the same daily analysis that you did.

Can you see where I bought?
 

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Quote from Haroki:

I had pretty much the same daily analysis that you did.

Can you see where I bought?
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Haroki, 2 questions. Did you buy based on the thought that the current bar might turn to increasing black on the 5 min chart? I use the 30 min for buys as I have heard the 5 min chart is erratic. Whats your feelings on this? Also, how do you get that tool where it predicts volume over the next interval?
 
Quote from LittleMac:

Haroki, 2 questions. Did you buy based on the thought that the current bar might turn to increasing black on the 5 min chart? I use the 30 min for buys as I have heard the 5 min chart is erratic. Whats your feelings on this? Also, how do you get that tool where it predicts volume over the next interval?
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Like I said, I took note of it last night, and was watching it real close this am. The 5 min was already waaay up, volume wise, and the 30 min was turning at the time. This was one of those that I wouldn't hesitate to bail out of if need be.

The tool is a part of Quotetracker. It's like 7$ a year and can use your broker's data feed. You can try a free version that has some ads running on it.
 
Quote from Haroki:

Like I said, I took note of it last night, and was watching it real close this am. The 5 min was already waaay up, volume wise, and the 30 min was turning at the time. This was one of those that I wouldn't hesitate to bail out of if need be.

The tool is a part of Quotetracker. It's like 7$ a year and can use your broker's data feed. You can try a free version that has some ads running on it.
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Thanks, I just feel like there's always gonna be a chart that shows an entry signal. You can get a signal according to MACD and Stochastics on the 30 min the 15 the 5 etc... How do you know which is best and/or most reliable for the system.
 
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