Stopped out of PSUN @ 21.05 .06+
The Beer Report - June
- Thread starter Robert Weinstein
- Start date
Shorted MCAF @ 14.59 based on William.
While this was an early short based on Willaim ( usually during last half hour of trading or extended hours) I put this limit order in and did not watch it to see the fill.
Will be looking to add to my short at the end of the day.
While this was an early short based on Willaim ( usually during last half hour of trading or extended hours) I put this limit order in and did not watch it to see the fill.
Will be looking to add to my short at the end of the day.
Originally posted by sunnyskies
what is williams then?
William is my four month old.
What I do is set him on the WSJ and what ever stock he drools on first is the short!! Seems to be working.
Actually, william is my best signal I have made for overnight shorting and I named it after my son. All my signals have names so that I can keep track of them.
The TD seq 9 is not made with trend lines. Just a simple bar chart where you count back nine days and if each of the days is higher than the bar four days before it you have a pivot point.
There is an article in this months Active trader that features Tom Demark and he has many books on the subject.( I think his second book and his day trading options is better than his first)
MCAF does not look strong enough at this time to add to my short. If in the last half hour it runs up I will add to the short
I also have a signal to short ESST at the 17.16 price level but IB appears to not have the stock for me to short.
I also have a signal to short ESST at the 17.16 price level but IB appears to not have the stock for me to short.
Closed MCAF at 14.37 .29+
Normally would carry to the next day but as this was selling off I thought I would take the money and run.
As it turns out as of this post I should of held a little longer as the price continued to fall further.
Normally would carry to the next day but as this was selling off I thought I would take the money and run.
As it turns out as of this post I should of held a little longer as the price continued to fall further.
Upon going over the charts and looking at ESST prices for Friday I cant say IB made me very happy with their short list.
Big Bummer
Had IB allowed me to short ESST on Thursday I would of made some nice coin. At one point the stock traded well under a dollar from my signals entry point.
What makes it even worse is that I looked at my old brokers website and they HAD the stock to short.
As you can see by the timing of this post I do spend my weekends going over the charts.
Maybe someday I will be able to live of the interest!!
Today was kinda crazy. I spent a lot of time trying to figure out what was my BEST William signal.
I must have received 10-12 signals today includding ESST which is the one I felt was the best short. IB did not have that to short so then I went back and found another although less appealing short.
At about 15 min before close I shorted ACLS from a william. The volume is very low for me and so I will be looking to get out at the first appropriate time. Although a William signal states that the low is expected during the afternoon of trading on the next day.
As a side note INTC was also a William, so I will be watching it tomorrow as well but I did not short it.
I have started trading the e-minis NQ and ES and plan on adding those trades in a short while.
I must have received 10-12 signals today includding ESST which is the one I felt was the best short. IB did not have that to short so then I went back and found another although less appealing short.
At about 15 min before close I shorted ACLS from a william. The volume is very low for me and so I will be looking to get out at the first appropriate time. Although a William signal states that the low is expected during the afternoon of trading on the next day.
As a side note INTC was also a William, so I will be watching it tomorrow as well but I did not short it.
I have started trading the e-minis NQ and ES and plan on adding those trades in a short while.
The Short price for ACLS was 11.90
Covered half of ACLS at 11.68 .22+
will cover the other half towards the close
Looking at CHRS as todays william. Will know more upon looking at it further
will cover the other half towards the close
Looking at CHRS as todays william. Will know more upon looking at it further