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Previous Intraday Trading Session: [ 7/17/2013 ]

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TIMEALERTS 
16:01Trades: -2 0 +2.5 +1 +.25 -1 = +.75

 
15:43Trade #7 -- Stopped out at 1675 [-1]

 
15:41Trade #7 -- Target 1673

 
15:34Trade #7 -- Sell 1674 -- Stop 1675

 
15:33Looks like a bear flag on 5-min

 
13:43Apex of pennant is often associated with a reversal.

 
13:41Trade #6 -- Stopped out at 1677 [+0.25]

 
13:39Trade #6 -- Lower stop to 1677 (let''s see what happens)

 
13:39I think I am going to exit Trade #6. Things are pointing higher. Hold on.

 
13:085-min chart is moving sideways inside a pennant. Apex of pennant is at 13:40. Watch for breakout before apex is reached.

 
12:14Trade #6 -- Raise Stop to 1679

 
12:05Trade #6 -- Raise Stop to 1678

 
11:57Trade #6 -- Lower Stop to 1677 (breakeven)

 
11:40Chart patterns were perfect yesterday and so far today. Chart from yesterday --> http://screencast.com/t/9pSt3dmWXAW

 
11:33Nice H&S on the 5-minute chart.

 
11:09Trade #6 -- Stop 1679

 
11:08Trade #6 -- Sell 1677.25

 
10:57Trade #5 -- Stopped out at 1676 [+1]

 
10:53Trade #5 -- Stop 1676 -- Target 1673

 
10:47Trade #5 -- Stop 1677 -- Target 1673

 
10:46Trade #5 -- Stop 1679 -- Target 1673

 
10:44Follow up: the wave pattern worked out by exceeding 1678.5

 
10:43Big wick on 5-min chart

 
10:41Trade #5 -- Sell 1677

 
10:40Trade #3, #4 -- Out 1678 +0 +2.5 [+2.5]

 
10:39Trade #3, #4 -- Stop 1678 -- Target 1683

 
10:36Trade #3, #4 -- Stop 1677 -- Target 1683

 
10:19Prefect wave pattern

 
10:18Trade #3, #4 -- Stop 1676

 
10:17Trade #4 -- Buy 1678

 
10:09Will add at 1679

 
10:04Trade #3 -- Stop 1674 -- Target 1682

 
09:59Trade #3 -- Buy 1675.5

 
09:58Trade #2 -- Out 1675 [0]

 
09:55Trade #2 -- Target 1673

 
09:55Nice wave pattern on the 5-minute chart. Wave 4 forming now. Wave 5 higher.

 
09:53Trade #2 -- Stop 1677 -- Target 1671

 
09:51Trade #2 -- Sell 1675

 
09:49Trade #1 -- Stopped out at 1675 [-2]

 
09:27 I see an 'F' flag pointing higher.

 
09:27Trade #1 -- Target 1685

 
09:24Trade #1 -- Buy 1677 -- Stop 1675

 
 
 
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