Archive for January, 2013

TRADE REVIEW $KORS $SINA $EXPE

Nice bullish day in $SPY $QQQ $ES_F $IWM after long weekend holiday. A lot of movers and shakers during the day, tried my best to catch’em all. Missed out on a few like $PAY $CHK which was on our morning watchlist given to our traders twitpic.com/bxea6q .  However, we did manage to get a few in $KORS $SINA $EXPE for nice profits.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

$KORS –5 attempts in this stock before it actually went and mentioned in my twitter stream   @dchsn6  eod runner right here 🙂

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$SINA nice scalp both ways 🙂

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EXPE nice 4R flush trade 🙂

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TRADE REVIEW $SHLD

Slow grind up in the markets $SPY $QQQ $ES_F, making the bears sweat with each grind up and those who missed the buy are waiting for a pullback. For us day traders, it really doens;t matter what kinda move the market does, we always find the movers and the shakers and trade the easy setups like clockwork.

Came across the $SHLD call out on twitter by my friend  @askchrishetrade , follow him if your not, some good call out he’s been making on the stream. Nevertheless, call out and executions are two different things. We trade different styles, I am more of a breakout trader and he was in at 45.28..i instead waited for a breakout 45.40 to get involved. Again. diffrent traders different style, bottom line is as a trade you manage your own risk.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

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TRADE REVIEW $CRM

Flat day in $SPY $QQQ #ES_F , however still a lot of names moving and shaking, giving lots of opportunities throughout the day. $CRM was the number on our list coming in today and being the market it is, profits need to be taken fast and quick .

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

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TRADE REVIEW $PRGI

$SPY finally broke the 146.50 level  (https://dchsn6.wordpress.com/2013/01/09/your-not-missing-out/)  which I have been eyeing for a while and we are back in the bulls camp.  As a trader, you have to understand what kinda setups are your favorite goto setups and under what market condition are they going to work. If you read my post, I play breakouts and to be able to understand under what market conditions it’s going to be a high probability trade is what differentiates a winning from a losing setup.

 

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

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YOUR NOT MISSING OUT!!!

Since the beginnig of 2013 we are stuck in a wide range in $SPY and $QQQ. $SPY is rangebound between 145- 146.50. Lots of traders are trying to anticipate a break on either side and getting frustrated. As a trader, you have to understand which side has the edge, at present , bulls have the edge in the bigger picture, however, we need a break of 146.50 on volume to have some conviction.

Even a gap down to 144 which is bought which is also the 20ma on SPY is still constructive. Earnings season officially started today, therefore, there would be many more opportunities in the coming days, preserve your capital and trade only when you have an edge.

For traders who are looking for HIGH LEVERAGE, LOW COMMISSIONS and RELIABLE PLATFORM, check out TRADER BENEFITS TAB for more info., earning season requires you to have enough buying power to be in trades and having a Power Day Trading account can help.

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