My Home     About Me

I will be selling the positions in GNTX and TRMB tomorrow. I have no new buys and will have to wait at least until Friday morning before I can add a new position to the swing portfolio.

I wanted to take the opportunity to show you my one and only Emini SP500 trade today. It was after the Fed announcement and I saw a divergent bottom in which the AMEX tick was diverging from price as well. After entering the trade I came within on tick of my stop price and it took off to the upside. Since I had mentioned my intraday trading in the interview with Stocktickr I figured you guys might also like to see some of these setups and how I trade them.

This chart is a 3000 volume candle chart meaning each candle must have 3000 contracts traded on it before it goes to the next candle. Players that played the breakout through the low after my entry immediately had their head handed to them.



I don't know if I will be posting this intraday stuff too much unless the readers find it worthwhile. Let me know.

Have a Great Night!

Dave Johnson

dayvejohnson@gmail.com


_____________________________________________________________

options   oil   technicals   stock   investor   charts   Short selling opportunities   Technical chart patterns   support/resistance levels   ETFs (exchange traded funds)   Deron Wagner   Basic Materials sector   IRS denies trader tax status   trader tax status   mark to market accounting   Patience in the markets   Dow Monthly Performance   Dow Performance since 1900   Amateur Investors   Nasdaq Composite chart pattern