Sep 13, 2010

09-13-10 Trades

Trader X Thoughts:
  1. Do you want an idea? Look at 30-minute charts that break the opening range high, then pullback and consolidate with a textbook hammer at a key moving average. (OR b/o p/back)
  2. I search for patterns that include bars narrowing in range - particularly after a wide-range bar(s) ......(flag formation)
  3. In general, I look for stocks that are moving strongly, pause (or pullback to key areas), and set-up with narrow range or inside bars (discernible bar).
My Thoughts:
  1. Gap-up/down
  2. 10-minute charts
  3. Screen OR b/o (am r/a, and b/b)
  4. Pullback (+2 bars)
  5. @ key moving average
  6. TB = textbook IB (body) - +2 all the better!
  7. Why? Fastest racehorse (moving strongly in one direction) and set-up with narrow range (low risk) inside bars (pause)
No Paper Trades: (1) I screen gap-up only, (2) Cannot get view - drawing toolbar to work. (3) did not screen Wl: OR am r/a (4) Must only trade am Or p/back and Base and break pullback

Trading Rules: For now, only trade OR b/o and p/back and B&B P/back. Tend to be highest momentum trades, and will avoid in OR s/ups that violate OR H/L
  1. IB = body
  2. Screen am Wl: (1) OR b/o & retest of ema or OR h/l (2) can look for B&B p/back in OR (but expect OR h/l = resistance)
  3. If OR b/o, safe to enter in OR!!!!!!!!
  4. 2Ib = 2nd Ib inside 1st Ib (stop 1st IB). Tb not trigger and no 2nd IB, pass. 2nd Ib must be complete inside 1st Ib
  5. Wait for +2 bar pullback
  6. Fib = OR H/L
  7. Orderly p/back not tight and tiny - bars must be obvious and not iffy
  8. P/back = low lo and highs
  9. IB red/blue ok
  10. Do not chase, fib +1.25r
  11. > 2.50 R , be wary
  12. Overall goal is to catch 1st blue Ib, or 2nd blue IB
  13. IB close inside OR h/l ok
  14. Trade before 11 am
  15. B/A < $.03
  16. Limit 2 trades per day, max risk per trade -$100, max loss per week -$1,000, Max loss per mth -$4,000.00
Possible Trades:
Violate OR H?
Violate OR H?
OR B/O and p/back. but 10.00am trade. Would I have seen? But 2nd opp at 11.00am!
Entry 10:10 = so Would have entered! = -1R Loss. However was only 1.11R (not 1.22r) - so would have passed. Min R 1.20R
Gap-Up
(Bar[Open,D] > Bar[Close,D,1]) AND (Bar[Low,D] > Bar[Close,D,1]) AND (Bar[Close,D] > Bar[High,D,1]) AND Bar[Close,D] >= 15 AND Bar[Close,D] <= 100 AND MovingAverage[MA,Volume,50,0,D] >= 1000000 AND Bar [Volume,D] >= 200000

Gap-Down
(Bar[Open,D] <>= 15 AND Bar[Close,D] <= 100 AND MovingAverage[MA,Volume,50,0,D] >= 1000000 AND Bar [Volume,D] >= 200000

Database
XOM AXP FXI EFA XLE QLD DOW GS EWZ COF YHOO MRK PBR HD WMT AAPL QID SGP RIMM STI HPQ X BGU DIA QCOM BK NOK GLW TXN FCX SYMC EBAY VZ LOW HAL SMH CHK USO MO SCHW TNA WFT DIS COP GLD BBT BMY XRT CAT JNJ JNPR LNC MET BRCM PG CVX DIG STT TWX DTV VLO PRU WYE KO SLB SU UNH TGT XLI NTAP ABX SPG PNC KBE ABT KFT CVS GPS IYF V GG OIH AFL MCD PM IP DD BBD AKS PBR.A IBM SPLS BGZ PEP GILD TYC DDM JCI MT NE NBR BBY DXD BJS STLD XLB PFG DNDN ALTR POT DUG NOV MRO TCK XTO XLNX ADBE CSX AMGN MDT EQR TRV TZA XLY SNDK WMB AMZN WAG WU ALL GDX MEE HCP MXIM NEM MOS BTU BA ERTS XLK APC BP OXY JCP PGR COH ACI STP NUE COV VNO HON XLU IGT MON WFR CLF MDY KGC KR TJX BCS IR IVZ CCL AET UTX KSS MAR UWM JWN AEP CELG XLV ADI LLY MMC UPS UYM BBBY DVN EMR AMX CA UNP HOT DE ADM CTSH RIG IVV NYX XLP HOG UNM COST TBT NSC PBCT BHP LLTC BAX TEVA SWN KLAC URBN TMO PCL IWB PCAR HES LMDIA SO SII MMM VWO YUM RTH AMTD ACN HK CB VTR PCU BXP AMB GME WDC TLM WLP EXPE SWY TWM ERX CMA BHI KRE CI TOL SLG AVP RKH CCE AMP VOD TWC VRSN TEL MCHP MAC ADSK RDC PCZ ITW ABB APOL NTRS TROW CAM ANF AKAM RTN AOC IWF CAG LM MDR RSH EXC HRB CNX L EWY IBN ANR INTU NDAQ DISH PSA JOYG APA VIA.B DNR AMT FLR SYY ADP GIS FIS AEM CL ESV FDX PAYX WMI EWA CTXS HBC NKE MCO WYNN EOG SE NIHD VTI EWW MHS SID GOOG VNQ STJ HUM MCK FSLR ARO MFC SUN XEL AGU MAT ESRX D DRI NVLS TLT AN LRCX EIX HCN PXP AVB GD CNQ FWLT CMI WFMI OI NXY DF RSG MA PEG ASML ECA NRG PDE A SVU TIF BIIB EXPD ACE MHP EAT BNI BMC LMT IWD CE FDO LBTYA CHKP ROST UN SNH IYG FE GENZ BKC RHT BUCY CCJ REG TV LRY XME BWA INFY PXD AYE PTV RRC NOC PBG HNZ DB CVH JEF AGN NHP IWS OMC O FST PCG AU KMB SPWRA PWR HAS ASH FPL LIFE HP CPB GSK EWC JBHT SYK ORLY ICF CAH TOT BIG ED CTV BEN MFE ENER SBAC FRX CLI IWR MIR ATI DO DHR RDS.A SAP PH WHR CCK JEC CHU WY NU DKS TS K SAI ICE LUK DLR FISV IWO CAKE PPL NBL GRMN CRM CCI CPT ETN NFX CHRW WLT CVC NTES SGR JCG RYN DBA SH IYM DBC FTI CHL FFIV XOP CEPH PBI DPS CF ZMH TRA SNY PX ROK TCO FRT FLIR PPG DDUP DOV TDC RMBS BAM BDX TMK FO LO NNN RYL CVA BEAV VMW ATHR EL GNK TD CNI IWN RSX RJF JOE ARE CTL VRTX AAP RHI MTB KSU CS MBT AIZ FAST KBR LXK OIL RY GXP ECL MYGN PGN BG UPL IJR SHW BIDU CYH MUR FCL CMC DLTR ILF CECO ALV LEG SEPR MWV IACI COCO ABC DISCA PETM CBE HIW BDK COG GES CEG NITE WRB DGP HRS BRE NFLX APD RL MHK NLC GIL OHI SOHU IM TAP XEC AEE NVS EEV SEIC ETR EV ITT VMC CLX DSX SRE AVT RVBD AZN XRAY EFX CINF IVW GR HANS AXS ADS RSP APH PDCO IJH BJ PPDI LAMR VAR SINA IPI SMN ILMN SEE OEF HCC CTRP OFC WPI CTAS BBL STR IRM FAF STO SNE OSIP PCP BR OCR TMX CXW FII CME URS HBI STAR RWR WRE WDR ENDP R PLCM WMS DV CNW COL ACH MOLX WAT ISRG KNX HSY ACC LEAP CERN LFC CREE RS INFA PKI SY SHLD JAH RAI FLS SYNA KRC ATW WLL BGC ERY PLL UL HR ME VIV ESI TNE DOX LQD MVSN PCLN IWV GMXR OSK BLUD VFC PHG MV GOLD JLL FRO IWP FMER SKM SPN ESS EMN IVE LINE EXH DGX SNPS VRX SIAL PVH LPS BLL BMO LH STEC IYT CHT BVN TSL MRX JRCC PSYS CYN SNDA GPC VEA MXB SMG ARW AJG HSP HAR MW BRO SLF FMC WSH EQT CLR WERN PAAS TIP PPS BKE OSG AVY EPP HOC QGEN DTE GMCR BCE LPNT PNW CRL GYMB BKS AFG VFH AZO RTP TDW CSC RCII CEDC PRGO IBB SHY DRC HMC ALXN WEC MGA BCR SGMS PKG EPR SCO CRZO AMG ACM EQ ICON GWW DWA SWK BNS NAV SM ECLP HME VSEA CFR LLL WRC PAG CRI MDU MICC SSRI GMT LAZ MTH AXA DVA MKC BYI EPD ERJ EQIX CRK TNDM SKT PENN SCG SJM WR PFF PVA MDC SLAB CP TK SQM SPW SPR LKQX MVV GPN WTR MR SRCL SUG RGLD DLB MAN HTLD SPWRB TSRA ROC DPL TKR BMS UHS TRMB PCH BLK MVL ITRI BXS LNCR MOO PRE BRY HSIC PLCE JNK PFCB RPM PNRA TM ENR GDP RNR CNQR VPRT UA ANSS TUP OII TEG FLO EME FMX RGA ONXX KMP MAA CPO CXO KMT ASIA RMD OIS ARG UNT GVA SMTC FDS SI DEO HTS EJ BEAT LNT KCI HLF POR ALK BOH AWK AHL ETP MCRS PAS UGI ACV CMP AME EWG NAT ALB ARD SNI AMMD HE ASCA VAL RDS.B CVD TECD SHPGY SIVB MSCC SFY CYT PNR ERF IPCR BBG KB SNA ACS WCC IMA THOR OKE RAH CM THG ISIS WGOV ENH BGG HYG CBST KIE PTP CRR GGG AMSC HEW IRF CNA RE LZ EAC VUG GBCI E PTR ROP DECK SVR MIL ITG WCG SCHN DVY FOSL GFA DAI BEZ NTT IYZ COO CBSH AB CRS BEC WCN ODFL OGE CAJ PVTB THI HSC WMGI JOSB IDCC MDP TRLG ACL INT FCN ICLR JACK ADTN AGP LSTR LTM ABV LII TNB WAB CMG BCSI SFG NUVA DOG NST ORB VV CPRT PWRD IFF ABFS HXM GSG CHD ENS CAVM AGG LIHR MELI PRSP SYT FSYS VTV OXPS MZZ HRC HIBB STE DST TRH CMTL TTC WG ARA INP TSU EXP VEU RBA USD WW WOOF AMED ENI ATHN NTY IEV PKX MLM PPH UTHR ACGL ACOR ALGT CSTR RYAAY EGN TXI IEX CNL VR IAI WBC TKLC OTEX SON IYE AYI JKHY MSM SNP DNB TRMK EDU BWLD LFT ATK IYW HRL NSR SIGM PAA TSCO DRIV ELS ARST SSL HUBG FDP HDB PSSI GPRO QSII ATN MASI ETE RBC DRQ GPI PHH EPI CEO BF.B SLH TTEK FUQI NETL RCI CETV MTD CBRL FORM RTI GDI ANW ATO TDG ITC AWH KNDL KEX THO REGN CVLT GAS CSL DBB DZZ EW DFG CMED BDC IJK VNUS DIN PLT IEO PII NVO BCO ATLS TEF MGG AXE MPWR UUP CIB WXS MANT CPA CNH IEF IT TX FTE AIPC HOS IDXX PNY MWE WWW DBD IAT OMI IMO SSD MJN

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