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Previous Intraday Trading Session: [ 6/25/2013 ]

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TIMEALERTS 
15:30There is the 1585 which completes the bull flag from earlier.

 
14:58Trade #15 -- Out at 1580 [+2]

 
14:51Move limit to 1580

 
14:475-, 10-, 15-minute charts all suggesting a pull-back.

 
14:46In at 1582

 
14:45Trade #15 -- Sell 1582 -- Stop 1584 -- Limit 1579

 
14:43Trade #15 -- Sell 1583 -- Stop 1584 -- Limit 1581

 
14:42This is not the way you should trade. The extremely choppy open stopped us out so many times that the first 6 trades had us down 12 points.

We are current up 1 point.

 
14:42

 
14:38Trade #12, #13, #14 -- Out at 1584 -- [+7], [+4], [+4]

 
14:37Lower target to 1584

 
14:36Raise all stops to 1578

 
14:24Move all stops to 1577.50 (I just got a feeling)

 
14:22Raise all stops to 1578

 
14:11If we are going to lose today, we are going to lose big.

 
14:08Trade #14 was suppose to be in at 1578.

 
14:05So far, this is a perfect "W" reversal.

 
14:02Here is where we stand:
TRADE #14 -- In at 1580
TRADE #13 -- In at 1580
TRADE #12 -- In at 1577


 
14:00TRADE #14 -- In at 1580

 
13:58
TRADE #14 -- BUY 1580 -- TARGET 1585 (wait for it)

 
13:56I would consider taking an additional long position if we pull-back to 1578.

 
13:55If there is going to be a "W" reversal, it has to happen now.

 
13:46Watch for possible "W" reversal. See chart.

 
13:45TRADE #13 -- BUY 1580 -- TARGET 1585

 
13:44Extreme high tick alert

 
13:38In at 1577.5

 
13:37Trade #12 -- Buy 1577.5 -- Target 1585

 
13:35Trade #12 -- Buy 1577 -- Target 1585

 
13:26If we break below 1575.50, a big sell off should follow.

 
13:22Trade #11 -- Stopped out at 1576.50 [-2]

 
13:18Trade #11 -- Target 1585

 
13:17Trade #11 -- Buy 1578.5

 
13:14Thinking of buy again.

 
13:10Trade #8, #9, #10 -- Stopped out at 1579 [+2], [0], [-2]

 
13:09Lower stops to 1578

 
13:09Too late

 
12:55see chart

 
12:53
Tripling down

 
12:53Trade #10 -- Buy 1581 -- Target 1585 -- Stop 1579

 
12:51Approaching the apex of a pennant on the 5-minute charts.

 
12:35Raise all stops to 1579

 
12:101588 is a real possibility.

 
12:00Notice the bull flag.

 
12:00Chart update

 
11:57Adjust target on all trades to 1585

 
11:56Breaking out of a bull flag

 
11:56Trade #9 -- Buy 1579 -- target 1582 (doubling down).

 
11:30Trade #8 -- Buy 1577 -- Limit 1582

 
11:03Trade #7 -- Stopped out at 1578 [-2]

 
10:56
Trade #7 -- Buy 1580 -- target 1585


 
10:51Trade #6 -- Stopped out at 1579 [-2]

 
10:42Trade #6 -- Target 1572

 
10:41Trade #6 -- Sell 1577

 
10:38This is the choppiest open I can remember.

 
10:29Chart update. See megaphone pattern. Also upward channel. This spells serious trouble later today.

 
10:25This is the worse day ever. Off 10 points on the first 5 trades of the day.

 
10:20Trade #5 -- Stopped out at 1572 [-2]

 
10:12There is a big megaphone phone pattern. We should see 1580 then a drop back to the 1570 level.

 
10:10Trade #5 -- Buy 1574 -- Stop 1572 -- Limit -- 1580

 
10:07Trade #4 -- Stopped out at 1573

 
10:06Trade #4 --Stop 1572 -- Target 1580

 
10:05Trade #4 -- In at 1575

 
10:04Trade #4 -- Buy 1575

 
10:01
cancel

 
10:00Trade #3 -- Stopped out 1576 [-2]

 
10:00Trade #4 -- Buy 1576

 
09:57Trade #3 -- Sell 1574

 
09:56
May sell here.

 
09:53Trade #2 -- stopped out at 1576 [-2]

 
09:51Trade #2 -- Buy 1578

 
09:48Trade #1 -- Stopped out at 1579 [-2]

 
09:45Sluggers -- shoot for 1590

 
09:43Trade #1 -- Buy 1581

 
 
 
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