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Previous Intraday Trading Session: [ 7/2/2013 ]

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TIMEALERTS 
18:35Trades: -2, +2, -3, -0.5, -0.5, +10.5, +0.25, -0.50 = +6.25

 
14:38Trade #11 -- Stopped out at 1603 [-0.50]

 
14:36Trade #11 -- Stop 1603 -- Target 1605

 
14:32Trade #11 -- In at 1603.5

 
14:32Trade #11 -- Buy -- Stop 1601

 
14:04Trade #10 -- Stopped out at 1607.50 [+0.25]

 
13:52Trade #10 -- Raise stop 1607.50

 
13:49Trade #10 -- In 1607.25 -- Stop 1606.25 -- Target 1610

 
13:48Trade #10 -- In 1607.25 -- Stop 1606.25

 
13:47Trade #10 -- Buy -- Stop 1 point

 
13:46Could be a reversal up here.

 
13:38And there is the original target of 1609

 
13:38There it is: 1610 is a 61.8% retracement

 
13:36Trade #7 #8 #9 -- Out at 1611 [+4] [+3.5] [+3] = [+10.50]

 
13:31TRADE #7 #8 #9 -- LOWER STOPS TO 1614

 
13:301610 is a 61.8% retracement

 
13:251610 - 1609 has support. I'll be happy with 1611.

 
13:16TRADE #7 #8 #9 -- LOWER STOPS TO 1615

 
13:15Most indices are showing what could be called a bearish flag.

 
13:12Trade #7 #8 #9 -- Lower stops to 1616

 
13:11Moving averages have converged around 1614. Something big should happen here.

 
13:05Trade #9 -- Sell 1614

 
13:02Trade #9 -- Sell 1614.50

 
12:59Still a lot of conflicting indicators.

 
12:56Trade #7 #8 -- Raise the target to 1611.

 
12:52A rally into the 13:00 reversal would have me looking at a thrid trade.

 
12:47Notice the pennant apex at 13:00. Expect a reversal.

 
12:41Trade #8 -- Sell (same stop and target as Trade #7)

 
12:41Trade #8 -- In at 1614.5

 
12:37May double down at 1615

 
12:34Just retested the bottom of the pennant. Lets see if it acts as resistance.

 
12:14Trade #7 -- Target 1609

 
12:13This is a break down.

 
12:12Trade #7 -- Stop 1517 -- Target 1611

 
12:11Trade #7 -- In at 1615

 
12:11Trade #7 -- Sell

 
12:10Trade #6 -- Stopped out at 1616 [-1.50]

 
11:55See chart. If have to break above the top yellow line.

 
11:52Not getting the follow thru

 
11:51Still lots of conflicting indicators.

 
11:49Yes, 1630 is possible

 
11:49Trade #6 -- Target 1630

 
11:49Could go much higher.

 
11:48Trade #6 -- Stop 1616 -- Target 1620

 
11:48Trade #6 -- In at 1617.50

 
11:47Trade #5 -- Stopped out 1617.5 [-0.5]
Trade #6 -- Buy

 
11:46Trade #5 -- Lower stop to 1617.5

 
11:46Trade #5 -- Take 1615.5 if you can

 
11:41Bollinger Bands getting tight on 5-minute chart = big move coming.

 
11:40Any breakout of the pennant, go with it.

 
11:39If we get 1615, take the 2 points and go long.

 
11:37Trade #5 -- In at 1617

 
11:34Trade #5 -- Sell 1617 (wait for it)

 
11:29Trade #5 -- Sell 1617.50 (wait for it)

 
11:28My money is on a pull-back.

 
11:20There are also a number of bearish candlesticks appearing.

 
11:19Bullish flags starting to appear. 1620 or 1622 are looking possible.

 
11:17Trade #4 -- Out at 1616.50 [-0.5]

 
11:17Trade #4 -- Exit this trade

 
10:27We just hit 1617.75

 
10:27Trade #4 -- Crap. I mistyped that stop. It should have been 1618.50

 
10:12Trade #4 -- Sell 1616 -- Stop 1616.50 -- Target 1611

 
10:06Trade #3 -- Stopped out at 1612.25 [-3]

 
09:54Trade #3 -- Stop 1612.25 -- Target 1620

 
09:50Trade #3 -- In at 1615.25

 
09:50Trade #3 -- Buy -- 3 point stop

 
09:43Trade #2 -- Out at 1612 [+2]

 
09:39Trade #2 -- In at 1610

 
09:36Trade #2 -- Buy -- Stop 1607

 
09:30Trade #1 -- Stopped out at 1606 [-2]

 
09:21Trade #1 -- Buy 1608

 
 
 
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