DVA was a sweet little pullback after a expansion move higher. These plays are my bread and butter.  Taken off the 15 min chart. Entry: 47.31 Stop:47.15 Risk: .16 Trail Stopped at 47.94 Reward was .63 which was 4 times my org. risk amt. ... Read the full post ... Read more
DVA was a sweet little pullback after a expansion move higher. These plays are my bread and butter.  Taken off the 15 min chart. Entry: 47.31 Stop:47.15 Risk: .16 Trail Stopped at 47.94 Reward was .63 which was 4 times my org. risk amt. ... Read the full post ... Read more
STEC was the ideal entry and exit. Entry: 22.51 Stop: 22.20 Target: 23.83 I had an offer at 23.83 because I used the Fib Price Ext. Lines. As of late I have been less likely to trade the gaps at the open. I am now waiting for a pullback in strong trend upward. ... Read the full post ... Read more
STEC was the ideal entry and exit. Entry: 22.51 Stop: 22.20 Target: 23.83 I had an offer at 23.83 because I used the Fib Price Ext. Lines. As of late I have been less likely to trade the gaps at the open. I am now waiting for a pullback in strong trend upward. ... Read the full post ... Read more
This morning didn’t offer much in regards to strength plays unless you like those penny stocks. I found LM on my gainers scan for the NYSE. Liked the daily pattern and how it was holding up in general to the market. Risk was a .10 Entry 24.61 Stop 24.51 Trailed out for a nice ... ... Read more
This morning didn’t offer much in regards to strength plays unless you like those penny stocks. I found LM on my gainers scan for the NYSE. Liked the daily pattern and how it was holding up in general to the market. Risk was a .10 Entry 24.61 Stop 24.51 Trailed out for a nice ... ... Read more
Trading is about finding the best entry that provides the lowest risk and the highest odds for profit. Gapping stocks provide nice patterns to a trained eye. You can either buy the 1 ,2 or5 min high. Sometimes the best entry depending on the type of gap. BOBE gapped over an ent ... Read more
Troy Peterson is a private trader trading his own capital in the Equities capturing short-term moves in the markets globally. Over time he has developed his edge in the market which has led to his success.