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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TRADE REVIEW $GMCR

A nice green day in $SPY  $QQQ $ES_F , still indicating buyers still here and mean business, tomorrow is options expiration am expecting a lot of firworks. Time will tell and tomorrow is apparently the end of the world too. If something actually does happen, I would be a happy person to say that I did what I loved the most i.e. trading 🙂

If you would like to join us in our trading room, email: dcshn6@gmail.com.

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.

 

$GMCR is one stock which I eyed for the whole day, during trading it’s so important to get the direction of stock right , so that even if you get a crappy entry you will still end up green 🙂   . I literally had 3 attempts in this stock but none of them ever got legs to keep going. LIVE AND LEARN.

gmcr

 

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TRADE REVIEW $FSLR

Today’s action in $SPY $QQQ $ES_F was expected slow melt down day after nice 2 strong days on monday and tuesday.  Personally I missed a few short setups but never wanted to chase any of them this market can still give those eod bull runs which I am super cautious of.

f you would like to join us in our trading room, email: dcshn6@gmail.com.

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.

 

$FSLR is one setup which we trade every single day again and again 🙂

FSLR

 

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TRADE REVIEW $VHC $CLF

Another gap and go in the markets $SPY $QQQ $ES_F , we reached our first target of 145.33 as mentioned yesterday in this post https://dchsn6.wordpress.com/2012/12/17/spy-qqq-analysis-going-forward-2/   . Some easy trades called out in our online trading room .

If you would like to join us in our trading room, email: dcshn6@gmail.com.

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.

 

$VHC was second day play, strong daily chart yesterday as well as today, all that was needed was to time it and well we did time it well 🙂 in our online trading room .

vhc

$CLF was a short which was taken for quick 4Rs, small target but the risk wasn’t that big either, as trader all we do is take good risk-reward trades rinse and repeat.

clf

 

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