We had $ETRM on our watchlist last night as a possible breakout play today. We took this trade and made a nice profit on it. It’s a very simple concept and one I thought I would mention again because these are the easiest types of plays out there and ones you definitely don’t want to miss. …
Today we traded ACI for $200 dollar gain. I actually messed this trade up pretty bad as the gain should have been much more. Here is a look at why i entered the trade and how I screwed it up!! I had ACI on my radar yesterday when I saw the $PCX news come out. Usually …
Here is a trade we did on $NFLX. This is a stock that we have had on the blog for the last few days as a potential squeeze play. On Friday, right off the bat in the morning it broke out on the daily chart with an early morning spike. Now that the daily chart …
Read more$NFLX Trade Review – Aligning on Multiple Time Frames
My last few posts have been about aligning stocks on multiple timeframes, how to trade intraday breakouts and how to trade flat top breakouts. Well today, we got a perfect example of all of these in one stock ($VHC) and we nailed it. $VHC had been on my radar and on my “top” setup list for the past week. I …
When I enter a stock, I always like to have at least 2 reasons why I am trading the stock.. thats always been my rule and has worked for me. The reasons can be anythig: price resistance break, moving average break, big earnings report, a PR moving the stock, expanding volume, etc.. just as …
I have mentioned before that when you are new to trading you should find a handful of setups that you know how to trade and master those. I have mentioned several times that the parabolic short and bull flag were always my top 2 go to setups. Well another one that I trade quite often …