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Previous Intraday Trading Session: [ 2/24/2009 ]

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TIMEALERTS 
14:59Now it drops.

 
14:49** STOP @ 773 profit [-2]

 
14:4415 minutes till the markets close.

 
14:42** SELL @ 771

 
14:41** SELL @ 771

 
14:40** STOP @ 773 profit [-2]

 
14:32** IN @ 771

 
14:28Another POP coming. We hope it is down.

 
14:19** SELL @ 771

 
14:16** SELL @ 770

 
14:16The market is streaking upward on dwindling volume. Have you seen this before?

 
14:13Still waiting for 769

 
14:10** SELL @ 769

 
14:09Today is the least likely day to see a major move. We need a move to the down side.

 
13:59** SELL @ 767

 
13:56** STOP @ 757 profit [-2]

 
13:52We should be seeing a health drop here.

 
13:38Market is moving sideways. Indication of a continuation move.

 
13:21** SELL @ 765

 
13:21We'll try selling again

 
13:20Another POP is coming.

 
13:13Negative candles popping up in all time frames

 
13:05** SELL @ 763

 
12:59Should start to see the pull back any minute.

 
12:39If things play out as they should, there should be a pull back around 13:00, then higher highs.

 
12:37Watch for a possible reversal at 13:05

 
12:36Should have bounced one more time in the wedge, but things are never perfect.

 
12:22** STOP @ 756 profit [-2]

 
12:21R @ 755

 
12:21** IN @ 754

 
12:06** SELL @ 754

 
12:05Cancel the last SELL

 
11:57We are in another wedge.

 
11:56** SELL @ 752

 
11:55** stop @ 753 PROFIT [+4]

 
11:52Move stop to 753

 
11:37Move stop to 751

 
11:33We are out of the channel now.

 
11:28Move above 750 sends us on our way.

 
11:28Setting up for another POP. Most likely to the updaide. We are in a bullish wedge.

 
11:20** IN @ 749

 
11:20Just getting caught up here.
We got the POP. It was to the down side.

 
11:19** STOP @ 751 profite [-2] (the 10:01 trade)

 
11:17** BUY @ 749

 
10:23There is a POP coming

 
10:01Target 759

 
10:01** IN @ 753

 
10:00** BUY @ 753

 
09:46That was a quick shallow pull back.

 
09:41749 would make a good entry point.


 
09:41Pull back here. Market is now bullish. Expect another leg up.

 
09:31Cancel last SELL

 
09:30Exit @ 742

 
09:30** SELL @ 749

 
09:29** STOP @ 750 profit [-2]

 
09:27Exit @ 742

 
09:27** IN @ 748

 
09:26** SELL @ 748

 
09:25** EXIT @ 746 profit [0]

 
09:24Exit at 746

 
09:23No pull back.
Exit at 742

 
09:19Expecting pull bact to 746 then a move below 743

 
09:14** IN @ 746

 
09:11Expecting 2 more legs down

 
09:10** EXIT 748 trade at 748


 
09:10** EXIT @ 748 profit [0]

 
09:09** SELL @ 746

 
09:07** IN @ 748


 
09:07** BUY @ 748


 
09:06** STOP @ 745 profit [-2]

 
09:05** IN @ 745

 
09:03** SELL @ 745

 
09:01** STOP @ 746 profit [+3]


 
09:00Target is 744

 
09:00Move stop to 746

 
08:59** IN @ 749

 
08:58** SELL 749

 
08:57Be prepared to SELL at 749 if we start to fall.

 
08:56** BUY @ 751

 
08:48Expect a pull back to ~750 then another leg up.

 
08:47** stop @ 753 profit [-2]

 
08:44LOOKING FOR 747

 
08:40** IN @ 751

 
08:39** SELL @ 751

 
08:26Good morning!

 
08:26Remember we are in scalping mode.
All trades begin with a 2 point stop loss.

 
 
 
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