October US Equity Trading

[Mr. Charts]

SFNT covered 32.10
for +80

 

[oatman]

Mr Charts, I'm intrigued as to why you sold before the breach of the low timed at 16.40, which broke at 16.45.
in VRTS

 

[Mr. Charts]

QCOM short 43.24

 

[Grey1]

Just came home to see AMZN has hit its STOP..

So I am m down $270 before starting to trade.. I be trading at around 7 Pm as I have to do few thigs..

Pitbull,,

Look at the market reaction to AMZN sell off yesterday. It jumped 1$ Up after the the initial gap down and that was what I was looking for when I took the trade..

Capitulation sell offs nearly always has a positive reaction provided the general market is not DOWN ..

Over night events are un predictable and I have a tight stop for taking such trades

The chart below shows the reactionary effect I was talking about..

 

[Mr. Charts]

QCOM covered 43.28
-4

 

[Mr. Charts]

MACR short 18.90

 

[Mr. Charts]

MACR covered 18.16
for +74

 

[PitBull]

Grey 1

Thank you for explaining that, understand what you mean now, sorry for such silly questions.

 

[Mr. Charts]

Naz, thanks.

Oatman, please feel free to email me if you wish to discuss that trade and I'll explain, though I'm not quite sure what you mean:

[email protected]

 

[Mr. Charts]

AFFX long 23.27

 

[Mr. Charts]

AFFX sold 23.52
for +25

 

[boy]

sean,.....shhhhhhh!

 

[seancass]

Boy

Thank you for that. I thought I was another site! Have removed that one. Thanks.

Sean

 

[Grey1]

AMZN closed Up by 29C but it had already hit my stop...

Traded HGSI,DD,TXN and CTS with little Joy due to DOW not making its mind up..

 

[FTSE Beater]

Hi All

I've changed the name of this thread, as October US Equity trading is easier for people to look up. It would be a shame to see these great posts get lost in cyberspace

<hr>
Hi Grey1

Yes, the Dow did seem to stop and start today.

 

[Naz]

It took me a while to find it.

 

[Naz]

Long Sina

 

[Naz]

Out for over a dollar run when the momentum faded.I do apologize for the size of the charts.

 

[Trader333]

Alan,

Chart size can be edited in any number of graphics packages
such as mspaint, paintshop pro etc


Paul

 

[Naz]

Thanks Paul,

There we go i choped it down a bit.

I wish i'd got on NTES or SOHU on that move.NTES did a $3 move and SOHU did $2 move.It makes SINA look like a geriatric.