PENN was a bearish gap at the open today.  I was stalking it for an entry to go short.  You know as a trader you need to be flexible to change your bias if the stock changes. PENN’s gap down created a void and as a trader we love void.  VOID is an area on the price chart that has ea ... Read more

PENN was a bearish gap at the open today.  I was stalking it for an entry to go short.  You know as a trader you need to be flexible to change your bias if the stock changes. PENN’s gap down created a void and as a trader we love void.  VOID is an area on the price chart that has ea ... Read more

A picture says a hundred words….Glad I grabbed this one this morning.   Cheers ... Read the full post ... Read more

A picture says a hundred words….Glad I grabbed this one this morning.   Cheers ... Read the full post ... Read more

IBKR was dream come true.  Lately my trouble has been that I have my head so wrapped up into the market what the indexes are doing that I forget that I just need to focus on something on it’s own page.  IBKR came across my scanner at the appointed time today.  The trading gods smiled o ... Read more

IBKR was dream come true.  Lately my trouble has been that I have my head so wrapped up into the market what the indexes are doing that I forget that I just need to focus on something on it’s own page.  IBKR came across my scanner at the appointed time today.  The trading gods smiled o ... Read more

Four reason to short GR today 1) Bearish Gap down 2) Declining 20 ma on the 10 min chart 3) Topping tail into sell set up 4) Declining Volume on the sell setup Entry: 50.34 Stop: 50.73 Trail Stop exit: 48.51 Reward 5.6 times the org. risk amt. ... Read the full post ... Read more

Four reason to short GR today 1) Bearish Gap down 2) Declining 20 ma on the 10 min chart 3) Topping tail into sell set up 4) Declining Volume on the sell setup Entry: 50.34 Stop: 50.73 Trail Stop exit: 48.51 Reward 5.6 times the org. risk amt. ... Read the full post ... Read more

CVD had a small gap down with a huge move down from the open almost making me not take the play because I thought it was extended.    I elected to take the play based on the fact that it was weaker than the market and the market had just made high and seemed to be failing to go higher so I w ... Read more

CVD had a small gap down with a huge move down from the open almost making me not take the play because I thought it was extended.    I elected to take the play based on the fact that it was weaker than the market and the market had just made high and seemed to be failing to go higher so I w ... Read more