boring market ..i have had no trades since friday .. missed some entries .. OSTK / RECN .. otherwise flat and waiting patiently
FMT and OLN are two you could have had to the long side, and there were several more yesterday and today. But, you would need to pull them up with a scanner or have them in a large watchlist like Medved QuoteTracker (max symbols 2000). I use the Trade-Ideas streaming alerts inside QT for my two-day breakouts. I got 1/2 point on FMT and 1/2 on another one that I will not mention. Tomorrow will likely be weak to the upside.
Well i had 4 of em qu'ed up: Goog, Askj, Mnst and thqi. I picked the wrong one i reckon as i entered THQI near the 1st 3 min close. After it waffled i bailed for a small .21 gain. The otheres did much better. Have a great day. -Raider
Well i had 4 of em qu'ed up: Goog, Askj, Mnst and thqi. I picked the wrong one i reckon as i entered THQI near the 1st 3 min close. After it waffled i bailed for a small .21 gain. The otheres did much better. Have a great day. -Raider
took 1/2 the chhese' still holding 1/2 - drillers look'in strong. i hold others in sector. SGP gapped down the other morning and i still hold.
this technique worked well on ALKS at open for about a point up then another 1/2 point down .. all in less than an hour .. thx again mark take care - omni
SGP loks to be filling the gap. check BAX, JNJ, WYE and ABT - big pharma, like it or not is catching some bids. still hold TDW, although i have booked some profits. lots of drilelrs on 52-wk high list - follow strength.
Hey .. got about 10 PM's just recently about this forum ...so i will try to give basic answers .. my MA parameters have not changed ... i use a 3 x 24 MA on a 3 min timeframe .. I use a simple 1.0 percentage offset envelope on a 3 min period. for Futures i use the same setup, however i tighten the envelope to .30 offset ... Now ... my trading volume has been less this year than last, however my earnings are about the same .. guess i am just getting picky ... my drawdowns are also much less (knock on wood ) with my largest drawdown being about 8k (the day GOOG did a 40 point dump intraday) ... other than that ... i sit on my hands until something sets up ... This month is a travel month for me ... but if you would like to keep this journal going, i will start to post in October going into earning season ... --m