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Previous Intraday Trading Session: [ 5/16/2014 ]

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TIMEALERTS 
16:01That''s it for today. She was a tough one.
Have a nice weekend, and I''ll see you on Monday!

 
16:00Trade #6 -- Out 1874.75 [-0.25]

 
15:59Exit

 
15:545 minutes till the Close

 
15:50Getting cold feet again. Want to get out at 1874, but I am going to let it ride.

 
15:37Trade #6 -- Long 1875

 
15:36Trade #5 -- Out 1874.5 [-1]

 
15:36Go long

 
15:35Trade #5 -- Exit

 
15:22Watch for a possible 3-inside pattern on the 4-minute charts. If it forms, we are looking at a move higher.

 
15:20Trade #5 -- Short 1873.5

 
15:17Maybe a short here

 
15:11Not much you can do with a straight line up.

 
13:44See the H&S pattern? If we break that neckline, it could be a long ways down. http://screencast.com/t/EP5c00ahhs

 
13:36Well, there 1868. The second time today that we didn''t get the full 2-points because I got cold feet. On well, we are ahead for the day.

 
13:32Trade #4 -- Out at 1867 [+1]

 
13:29Take 1867 and raise stop to 1866

 
13:27If you can get 1867.5, take it.

 
13:26Starting to hear some LOW tic alerts

 
13:26Starting to hear some high tic alerts

 
13:21The 3-inside pattern did not form. Good for us. Still looking for 1868.

 
13:17The 4-minute chart is forming a 3-inside pattern which would mean a move lower. Keep an eye on it.

 
13:16Stop at 1865

 
13:15I''m looking for 1868

 
13:15Trade #4 -- Long 1866

 
13:09For those OF you...

 
13:07For those other you taking advantage of the free pass today, please feel free to use the Contact link in the menu to ask any questions you may have.

 
13:05If there is going to be a reversal up, then it has to start now, or we are going much lower.

 
13:03May go long. Be ready.

 
13:02We got our 2 points on trade #3, if we had stuck with it. If there is going to be a reversal here, then the current 5-minute candle will be that last move down.

 
13:00Might call that a megaphone --> http://screencast.com/t/cwkzMxKxB

 
12:58Yup, looks like we are going to get a reversal here. I''ll be looking to short again around 1869.

 
12:52Trade #3 -- Out 1867 [+1]

 
12:52I see a reversal to the upside. Take profit

 
12:49Trade #3 -- Lower stop to 1868 (breakeven)

 
12:32Trade #3 -- Short 1868

 
12:31Short formation

 
11:59Sluggers, you have been stopped out at 1868.5

 
11:56Trade #2 -- Out 1866.5 [+2]
Sluggers, your stop is now 1868.5

 
11:45This is another one the sluggers may wanted to ride down.

 
11:43Trade #2 -- Short 1868.5

 
11:29
1870 looks likely as a top

 
11:23Another possible short is forming

 
11:23Short if the current 5-minute candle closes below 1867.5

 
11:13Trade #1 -- Stopped out 1868 [-2]

 
11:07For you sluggers out there, I wold ride this one down, otherwise take the usual 2 points.


 
11:00Trade #1 -- Short 1866

 
11:00short

 
10:57She is a sassy girl today.

 
10:45Get ready to short

 
10:32I think we have a better chance of seeing a move lower.

 
10:31Possible long, but iffy.

 
10:14Possible long

 
10:07We are at a support area

 
09:59Awful big swings --> http://screencast.com/t/KXu4QpqESY1f

 
09:50no go

 
09:45Go long if current 5-minute candle finishes up

 
09:43Possible long opportunity forming.

 
09:12Good Morning!
I think we''ll see a bit of a recovery today. We got some Buy signals from the Stock/ETF indicator last night.

 
 
 
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