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Previous Intraday Trading Session: [ 4/24/2013 ]

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TIMEALERTS 
16:01Trades -2 -0.5 -1 -2.5 -2 = -8

 
15:47Tomorrow should be a pull-back. Subscribers to the Options Signal Service have been instructed to purchase multiple Puts.

 
15:23Trade #4 -- Stopped out at 1576 [-2]

 
15:15No mojo today. :-(

 
15:00Could move very fast.

 
15:00Could move very fast.

 
14:58Trade #4 -- buy 1578

 
14:57I think we stand a good chance of going out higher today.

 
14:44Maybe one more short.

 
14:38Trade #2 -- Stopped out 1577.50 [-2.5]

 
14:28The pennant has grown. See chart.

 
14:27With so many indicators pointing lower, and the market creeping higher, we could easily lose this trade. This doesn't happen often, but it does sometimes.

 
14:13That long wick on the last 5-minute candle is another reversal signal. We have 2 candle reversals and the ES is at the top blue line.

 
14:11This looks like a 5 to 8 point move down.

 
14:09chart update

 
14:05Trade #3 -- Stopped out at 1576 [-1]

 
14:04Raise the Stop on Trade #3 to 1576.25

 
14:01That was the double-down.

 
14:00Trade #3 -- Sell 1575 -- Stop 1576

 
13:55Chart update. Candle reversals highlighted in yellow.

 
13:5310- and 15-minute charts showing reversals.

 
13:52We got a 5-minute Dark Cloud Cover candle. This should be the top.

 
13:51Chart update

 
13:26May double down.

 
13:24In @ 1575.50

 
13:23Trade #2 -- Sell 1575.00 -- Stop 1577.5

 
13:23Loss [-0.5]

 
13:22Crap. The stop was wrong.

 
13:21Trade #2 -- Sell 1575.00 -- Stop 1575.5

 
13:20Lots of resistance at 1576.50

 
13:18Just looking for a little confirmation.

 
13:111575 is looking like an entry point

 
13:07Be ready to short.

 
12:53A small reversal up to the top blue line, then a move lower.

 
12:41Worried there will be a reversal up at 1:00

 
12:33Watching the pennant unfold. See chart.

 
12:19Still in the pennant.

 
11:435, 10 and 15 minute charts are all forming a pennant. See chart.

 
10:52Watching

 
09:53Bad choice of a stop.

 
09:47Trade #1 -- Stopped out at 1577 [-2]

 
09:43Trade #1 -- Sell 1575

 
09:39Looking for a return to the top blue line or close to it.

 
09:20chart update

 
 
 
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