Apr 7, 2008

KLAC - Long

KLAC was all sorts of yummy goodness. I entered off a break of the 11:20 bar high (10-min) which was an inside NR7/inverted hammer closing above the ORH. It was also the second inside bar in a row and looked like a bullish flag. Exited all shares just below the fib. ext.





Apr 5, 2008

Comment moderation

I've decided to enable comment moderation since it seems a couple of anon posters like to take advantage of the fact that I don't moderate. They really don't say anything horrible but it's really annoying more than anything else. And I hate annoying people.

MOS - Long

Another strange day as a lot of my candidates started setting up nice patterns at one point but then presented reasons for me to stay out of the trade. I ended up entering MOS long on a break of the 8th bar high despite the previous bar's bearish look. My entry bar was an inside NR7 that closed strong above the intraday R2 level. My initial target was the ORH and I ended partialing out when price reached that level. Exited all my shares on a break of the hanging man low (12:30) that appeared after the long run up to the ORH.

Other than that I was keeping an eye on ACI and looking for a good opportunity. But I never found one that I was completely comfortable with (even though the stock made a nice move).

Apr 3, 2008

LFC - Long

Step right up folks... don't be afraid. What you're about to see is a bonafide trading chart. That's right. You haven't seen one of those around here in a while but this is your lucky day. Don't feed the candlesticks!!!

Tried to enter off the 11:10 bar but price never went that high. Fortunately a nice inside hammer formed during the 11:30 bar (10-min) on what I thought looked like a nice bull flag pattern right above the ORH. Exited at the fib. ext. Also shorted HOT which was a nice looking chart on the 10-min view. After going my way initially price then turned against me. I was still able to pocket some dinero.



Apr 2, 2008

Excel question

Here's what I'm trying to do in Excel and maybe one of the readers knows how to do it. So, I want want to import my first scan list of the day at 9:35 or so. Then, at around 10am, I'd like to import a second scan list. However, I want to only see the new or different stocks from the second list.
I could manually do it by deleting all the duplicate pairs but I'm hoping there's a much faster and easier way.

Any ideas? Suggestions?

No trades

Very short watchlist for me and the only stock that caught my eye was TSL (11:15 hammer-like bar on the 15-min chart) but high/low range of the entry bar was a bit too wide in relation to the closing price.

Apr 1, 2008

C and AIG

Went long on both of these stocks and while I'm happy with the money I made... there was a lot of chop between my entry and exit.