swing-day trading US stocks

Watch list for 03/23/2007

This is my last post in this format. Hope you all liked what you saw here. I will continue to bring some trading ideas, but in different form
Wish you all great trading day

LONG:
Swing possibilities (ST-PT)
SCHN long above: 40.00, stop under: 38.00, target: open ST
Next earning date: Apr 09, 2007 http://www.ivicacharts.com/diagrams/2007/03232007schn.jpg

Day trade possibilities (DT-ST)
SPR long above: 32.00, stop under: 31.50, target: 34-35 areas DT-ST
http://www.ivicacharts.com/diagrams/2007/03232007spr.jpg

AGR long above: 22.05, stop under: 21.75, target: 23 areas DT-ST
Next earning date: Apr 26, 2007 http://www.ivicacharts.com/diagrams/2007/03232007agr.jpg

SHORT:
Swing possibilities (ST-PT)

MSO short under: 17.00, stop above: 17.30 areas , target: open ST
Next earning date: Apr 24, 2007 http://www.ivicacharts.com/diagrams/2007/03232007mso.jpg

ABM short under: 25.86, stop above: 26.40, target: open ST
Next earning date: Jun 05, 2007 http://www.ivicacharts.com/diagrams/2007/03232007abm.jpg


Good luck trading today!!!!
Ivica Juracic
 
Weekly swing results (19 - 23 March 2007)

TTI - entered ($23.05) swing trade exit ($24.15) plus $1.10 (4.77%, 5.50 r/r)
http://www.ivicacharts.com/diagrams/2007/03162007tti.jpg
http://www.ivicacharts.com/diagrams/2007/03232007tti.jpg

ADS - entered ($60.30) swing trade exit ($62.00) plus $1.70 (2.82%, 3.78 r/r)
http://www.ivicacharts.com/diagrams/2007/03192007ads.jpg
http://www.ivicacharts.com/diagrams/2007/03262007ads.jpg

LSI - entered ($10.22) swing trade exit ($10.16) minus $0.06
http://www.ivicacharts.com/diagrams/2007/03192007lsi.jpg

JOYG - entered ($41.10) swing trade exit ($41.40) minus $0.30
http://www.ivicacharts.com/diagrams/2007/03192007joygweekly.jpg

DECK - entered ($70.80) swing trade exit ($71.70) plus $0.90 (1.27%, 0.50 r/r)
http://www.ivicacharts.com/diagrams/2007/03192007deck.jpg
http://www.ivicacharts.com/diagrams/2007/03222007deck.jpg

ESLR - entered ($10.05) swing trade exit ($10.47) plus $0.42 (4.18%, 2.10 r/r)
http://www.ivicacharts.com/diagrams/2007/03202007eslr.jpg
http://www.ivicacharts.com/diagrams/2007/03262007eslr.jpg

CCK - entered ($24.05) swing trade exit ($24.70) plus $0.65 (2.70%, 2.60 r/r)
http://www.ivicacharts.com/diagrams/2007/03202007cck.jpg
http://www.ivicacharts.com/diagrams/2007/03262007cck.jpg

RIMM - entered ($131.30) swing trade exit ($135.60) minus $4.30
http://www.ivicacharts.com/diagrams/2007/03202007rimm.jpg

MIR - entered ($38.85) swing trade exit ($40.45) plus $1.60 (4.12%, 1.88 r/r)
http://www.ivicacharts.com/diagrams/2007/03202007mir.jpg
http://www.ivicacharts.com/diagrams/2007/03262007mir.jpg

NCR - entered ($48.05) swing trade exit ($48.85) plus $0.80 (1.66%, 2.67 r/r)
http://www.ivicacharts.com/diagrams/2007/03212007ncr.jpg
http://www.ivicacharts.com/diagrams/2007/03262007ncr.jpg

ZOLT - entered ($32.00) swing trade exit ($34.25) plus $2.25 (7.03%, 5.92 r/r)
http://www.ivicacharts.com/diagrams/2007/03222007zolt.jpg
http://www.ivicacharts.com/diagrams/2007/03262007zolt.jpg

Wish you good trading next week !!
Ivica Juracic
 
Good day!


Yesterday was good day for intraday moves. PEG is good example. This is setup chart:
http://www.ivicacharts.com/diagrams/2007/03262007peg.jpg

This is good example why is risk/reward most important for me. Setup was above 82, with stop under 81.90. That was do or die situation. PEG held strong all day and 10sma 15 min was nice intraday support area. Because of that, I was move stop with that support. Final target area was 83 areas, but PEG didn't see that. Exit was at 82.75. Here is exit chart:
http://www.ivicacharts.com/diagrams/2007/03272007peg.jpg

Risk was 15 cents and gain is 70 cents, and at the end that was 0.85% gain what is small. Risk/reward is 4.67 what is great. PEG trade will cover several negative trades and because of that i don't count success with points. Risk/reward is best for that.

Wish you all good trading today
Ivica
 
Date: 03/27/2008

Symbol: MIR – day trade
Entry: 40.25
Exit: 41.00
Risk/reward: 3.00
Profit: $0.75
Entry chart: http://www.ivicacharts.com/diagrams/2007/03272007mir.jpg
Exit chart: http://www.ivicacharts.com/diagrams/2007/03272007mir60.jpg


Symbol: AMLN – day trade
Entry: 38.54
Exit: 38.85
Risk/reward: 1.07
Profit: $0.31
Entry chart: http://www.ivicacharts.com/diagrams/2007/03272007amln.jpg
Exit chart: http://www.ivicacharts.com/diagrams/2007/03272007amln5.jpg

Symbol: BXP – swing trade
Entry: 116.60
Exit: last price is 115.78
Entry chart: http://www.ivicacharts.com/diagrams/2007/03272007bxp.jpg

Wish you all good trading today!!
Ivica Juracic
 
Good day!

In days when market daily chart don’t give us much of low risk opportunities, important is to be very patient and selective. Also this is time when overtrading trap is everywhere and every successful trader know how to avoid them. It is hardest time for swing traders, because we don’t see much of continuations and because of that it is very important to compare stock charts and market charts. On that way you will find “own way” charts. No matters of market direction they have own way. I’m most happy when I find that kind of stock. Here are few examples what we had last days:

http://www.ivicacharts.com/diagrams/2007/03262007fcx.jpg
http://www.ivicacharts.com/diagrams/2007/03282007hsp.jpg
http://www.ivicacharts.com/diagrams/2007/03262007kwd.jpg (this one was closed yesterday)

Take a look them now and you will see that all have “own way” and that is prove that swing traders always have chance, but sometime is harder to find them.

In the mean time day traders can find more intraday opportunities, but we all know that is different type of trading and isn’t for everyone.

http://www.ivicacharts.com/diagrams/2007/04032007vlo.jpg
http://www.ivicacharts.com/diagrams/2007/04032007vlo5.jpg

http://www.ivicacharts.com/diagrams/2007/04032007cbi.jpg
http://www.ivicacharts.com/diagrams/2007/04032007cbi5.jpg

Here are two examples from yesterday. First chart is setup chart and second chart is exit chart. You can see that style is same, but time frame it isn’t. Best is that this style what I use is good for every type of trader: scalp, day, swing or position trader. All is same, just different time frame. However, all of them must know basic knowledge about market, pace, risk management, recognizing risk etc. It isn’t hard if you look all that with logic.

Wish you all nice holidays and good trading

Regards
Ivica
 
Swing trade results

VNO - entered ($121.40) swing trade exit ($117.15) plus $4.25 (3.50% 2.24r/r)
http://www.ivicacharts.com/diagrams/2007/03262007vno.jpg
http://www.ivicacharts.com/diagrams/2007/03302007vno.jpg

ISRG - entered ($123.10) swing trade exit ($125.00) plus $1.90 (1.54%, 0.90 r/r)
http://www.ivicacharts.com/diagrams/2007/03262007isrg60.jpg
http://www.ivicacharts.com/diagrams/2007/04092007isrg60.jpg

CYTC - entered ($33.44) swing trade exit ($33.90) plus $0.46 (1.38%, 1.59 r/r)
http://www.ivicacharts.com/diagrams/2007/03202007cytc.jpg
http://www.ivicacharts.com/diagrams/2007/04092007cytc.jpg

SPR - entered ($32.05) swing trade exit ($31.70) minus $0.35
http://www.ivicacharts.com/diagrams/2007/03232007spr.jpg

BXP - entered ($116.60) swing trade exit ($113.75) plus $2.85 (2.44%, 0.98 r/r)
http://www.ivicacharts.com/diagrams/2007/03272007bxp.jpg
http://www.ivicacharts.com/diagrams/2007/04092007bxp.jpg

GNTX - entered ($16.32) swing trade exit ($14.40) minus $0.08
http://www.ivicacharts.com/diagrams/2007/03262007gntx.jpg

Wish you all great Holidays
Ivica
 
Good day!

We had mixed trading day, best for day trades. Those who follow this journal know that for me main measure for success is good risk management and risk/reward. Because good risk/reward trade will cover several loss trades or it will bring me to positive area.
DNDN was good example.
This is setup chart:
http://www.ivicacharts.com/diagrams/2007/04092007dndn.jpg
Setup was above previous 5 min high and that was above 20.60, with stop under 20.25 (previous 5 min low) Also it is important to see 10sma support area (brown line). I love to use moving averages.
This is exit DNDN chart:
http://www.ivicacharts.com/diagrams/2007/04092007dndn5.jpg
With 23 as target area we got 5.50 risk/reward, also 10.65% and $2.20 gain. This is very nice trade, but again I like to focus again on risk/reward. That amount is most important for me.

Here are few ideas for 04/10/2007.

Long:
http://www.ivicacharts.com/diagrams/2007/04102007bk.jpg http://www.ivicacharts.com/diagrams/2007/04102007bwa.jpg

Short:
http://www.ivicacharts.com/diagrams/2007/04102007phly.jpg

Wish you all good trading
Ivica
 
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