Trading Gaps and Breakouts (Stocks)

Discussion in 'Trading' started by Brandonf, Feb 18, 2003.

  1. dbphoenix

    dbphoenix

    So who's upset, other than you?

    --Db
     
    #21     Feb 18, 2003
  2. Brandonf

    Brandonf Sponsor

    Here is every single mention I could find of a stock entry in my logs from Friday. I'll go through and do todays too when I get back from the store. I will also go over it a few more times to make sure that I didnt miss anything too.

    Brandon



    <brandon> 08:31:17 *SCALP TRADE*: (Based on intraday setups. Hold = sev. min. - hr. Momentum trade. Exit at S&R or if it doesn't move quickly enough.) *BUY SETUP* ADIC above 6.18


    brandon> scalpers can take SOHU long above 7.05


    <brandon> 08:37:26 *SCALP TRADE*: (Based on intraday setups. Hold = sev. min. - hr. Momentum trade. Exit at S&R or if it doesn't move quickly enough.) *BUY SETUP* XLNX above 28.50


    <brandon> 08:40:44 *DAY TRADE*: (Based on daily and intraday setups. Hold = sev. min. to sev. hrs. Gen. Guide: Partials at S/R as risk zone is covered. B/E on rest until target at next S/R. Closed by EOD) *SHORT SETUP* USAI under 21.93


    <brandon> 08:40:57 *DAY TRADE UPDATE*: USAI stops above 22.10


    <brandon> 08:46:16 *SCALP TRADE*: (Based on intraday setups. Hold = sev. min. - hr. Momentum trade. Exit at S&R or if it doesn't move quickly enough.) *BUY SETUP* DELL above 24.75 (HALF LOTS)


    <brandon> also keep an eye on MUSE


    brandon> 10:12:00 *DAY TRADE*: (Based on daily and intraday setups. Hold = sev. min. to sev. hrs. Gen. Guide: Partials at S/R as risk zone is covered. B/E on rest until target at next S/R. Closed by EOD.) *BUY SETUP* SINA above 6.55 with stops under 6.42 (HALF LOTS)


    brandon> 11:48:29 *SCALP TRADE*: (Based on intraday setups. Hold = sev. min. - hr. Momentum trade. Exit at S&R or if it doesn't move quickly enough.) *BUY SETUP* FPL above 56.45 with stops under 56.26


    <brandon> 11:51:38 *SCALP TRADE*: (Based on intraday setups. Hold = sev. min. - hr. Momentum trade. Exit at S&R or if it doesn't move quickly enough.) *BUY SETUP* CTSH above 66.90


    brandon> ICST above 20.95


    <brandon> 12:22:52 *SCALP TRADE*: (Based on intraday setups. Hold = sev. min. - hr. Momentum trade. Exit at S&R or if it doesn't move quickly enough.) *BUY SETUP* CTSH Move buy alert to 66.85 (half lot) stops under 66.70


    <brandon> 12:47:34 *DAY TRADE*: (Based on daily and intraday setups. Hold = sev. min. to sev. hrs. Gen. Guide: Partials at S/R as risk zone is covered. B/E on rest until target at next S/R. Closed by EOD.) *BUY SETUP* ADI above 25.95 (half lot) with stops under 25.75


    <brandon> 13:07:44 *SCALP TRADE*: (Based on intraday setups. Hold = sev. min. - hr. Momentum trade. Exit at S&R or if it doesn't move quickly enough.) *BUY SETUP* NVDA above 11.65. Stop under 11.55


    29 <brandon> 13:43:36 *SCALP TRADE UPDATE*: ADI look to protect some partials. Brings stops on balance to b/e. Scalpers can take off all here. Trading 26.29
     
    #22     Feb 18, 2003
  3. shaq48

    shaq48

    Brandon do you have any thoughts on the filling or not filling of gaps after an NR day..is there a notable difference? How about after a WR day ?
     
    #23     Feb 18, 2003
  4. Brandonf

    Brandonf Sponsor

    I had thought that there definatly would be, but I did not find that to be the case. There is much more of a relationship there with breakouts working vs not working.

    Brandon
     
    #24     Feb 18, 2003
  5. gaj

    gaj

    brandon's not a snake oil salesman. it's one thing to be suspicious, as there are bad apples out there.

    it's another to attack one of the good guys. brandon is one of those.
     
    #25     Feb 18, 2003
  6. gaj

    gaj

    and as a sidebar...(and if it's common knowledge, just skip over it).

    stocks which are normally 'flat' on the daily range - gap up hugely - and close near the low, in a flat trading range EOD - usually go down (at least) the first 30 minutes of the next trading session. they sometimes offer good pre-market shorts, as well.

    there's my 2c. for what it's worth.
     
    #26     Feb 18, 2003
  7. Good stuff...

    Love to trade gaps so much... I could probably get a scholarship to dental school. :D


    ice:cool:
     
    #27     Feb 19, 2003
  8. We have alerts that spot gap up reversals and gap down reversals. You can set the total point retracement threshold to what ever you like. Here is the definition from our help. http://www.trade-ideas.com/Help.html#GDR

    Best,
    Dan
     
    #28     Feb 19, 2003
  9. DanR

    DanR


    Could you explain what does "B/E" stand for ?

    Thanks for the posts.
     
    #29     Feb 19, 2003
  10. JNeo

    JNeo

    Hi,
    I'm new at this forum. I live in Ukraine and collect all possible information regarding GAPs trading. I also have some small experiance with GAPs trading, but for another time frames and I'd like to ask you some question by your privat mail, if it's possible. If you find that conviniet for you, please let me know your privat eMail.
    Thank you beforehand,
    All the best!
     
    #30     Feb 19, 2003