Swing-day trading US stocks

Tell me what isn't clear with CYTC trading plan and I will explain you. My trading plan isn't joke (at elast isnt for my members at site), but if is joke for you, best is to not use it. But if you don't understand it just ask
 
Market commentary for 01/09/2007

Good day!
Yesterday was another slow day that was whippy with little intraday action. If you look at the daily charts we didn’t get any significant change. Daily/ intraday support/resistance held and if you read yesterday's market commentary, ditto today. It is pretty frustrating repeating day after day. Recommended in this high risk market is to use patience, trade with smaller lots and take faster profits. That is what I do in the trading room. Until we have these slow days behind us, this is only way to trade this market.
We had nice day yesterday, NTY and SKX (ITT and MSCC from before) proper risk/reward saved our day and we finished positive. That is reason why risk/reward is is very important for me. One trade like NTY with more then 4:1 r/r negates several negative trades and SKX with run at the end brought us to positive area. This is VERY IMPORTANT part to be successful trader. Hope everyone understand that, if not you can always contact me in the trading room or over email.
Also don’t forget that we will have today class in the trading room (all is FREE).
I will stay with same tactic today: small risk, less trades and don’t forget CASH is a position too. Be patient the market will come back. I always does.----
Good luck trading today!!!!

http://www.ivicacharts.com/diagrams/2007/01092007qqqq.jpg
http://www.ivicacharts.com/diagrams/2007/01092007qqqq60.jpg

http://www.ivicacharts.com/diagrams/2007/01092007spy.jpg
http://www.ivicacharts.com/diagrams/2007/01092007spy60.jpg

http://www.ivicacharts.com/diagrams/2007/01092007dia.jpg
http://www.ivicacharts.com/diagrams/2007/01092007dia60.jpg

Watch list for 01/09/2007

IMPORTANT: Take only the opportunities that you really like and understand. Always enter a trade with a trading plan. If you have any questions, please feel free to ask me. There is a much greater chance of success in your trading if you understand the trade. That is very important. Taking just a few trades is enough to be a successful trader. Overtrading is probably the number one reason new traders fail. I personally mostly take swing trades. Please remember to keep that in mind!!!!!!!!!!!!!!!

LONG:

Swing possibilities (ST-PT)
CROX long above: 45.20, stop under: 43.00 (44.00), target: 50.00 areas ST http://www.ivicacharts.com/diagrams/2007/01092007crox.jpg
Last/next earning date: Nov 02, 2006

SHORT:

Swing possibilities (ST-PT)
EQR short under: 49.50, stop above: 50.00, target: 48.00 areas ST http://www.ivicacharts.com/diagrams/2007/01092007eqr.jpg
Last/next earning date: Feb 07, 2007

Day trade possibilities (DT-ST)
TRB short under: 30.80, stop above: 31.05, target: 30.00 areas DT-ST http://www.ivicacharts.com/diagrams/2007/01092007trb.jpg
Last/next earning date: Oct 19, 2006

Watch ideas:
Long:
http://www.ivicacharts.com/diagrams/2007/01092007mksi.jpg http://www.ivicacharts.com/diagrams/2007/01092007bax.jpg

Short:
http://www.ivicacharts.com/diagrams/2007/01092007czn.jpg

Tracking records:
http://www.ivicacharts.com/diagrams/2006/dwl122006.htm - for December
http://www.ivicacharts.com/diagrams/2007/dwl012007.htm - for January

I am always available via email and in the trading room if you have any questions.
Good luck trading today!!!!

Ivica Juracic
 
stocks r moving at random in the range of 0.25% to 0.5%

u r proposing a stop of :

CYTC long above: 29.00, stop under: 28.75, target: 30
esp. your proposed stop is a joke at a glance

what kind of story would u like to us ?
 
first of all, your charts are welcome !

what u r doing is quite different from all what I ve seen so far, u r posting on an entry, target and a stop level. what I m telling u is :"I dont believe that your able to succeed in the longterm with your stops and targets."
realizing a gain of 1% isnt realistic, because u need huge amounts of money per trade.
if u r trading based on huge amounts of money per trade u wont be a member of trade2win.
 
i.e. CROX is a great buy opportunity

based on your stops and targets will miss a great run.
the question is : "how to participate on this run"

I will buy on a chart pattern inverted H&S
I have to wait for todays price action, a white candle
at EOD I will buy at higher highs at high volume
that s a breakout pattern
 

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CROX, as great buy based technically on

http://tradetrek.com/education/ai/ai_stock_trading01.asp
 

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pssonice said:
what u r doing is quite different from all what I ve seen so far, u r posting on an entry, target and a stop level. what I m telling u is :"I dont believe that your able to succeed in the longterm with your stops and targets."
realizing a gain of 1% isnt realistic, because u need huge amounts of money per trade.
if u r trading based on huge amounts of money per trade u wont be a member of trade2win.
Click to expand...

Absolutely disagree with you.. I can open discussion with you here how to be profitable trader, but I ‘m doing that every day in the trading room and on my site, so I can just invite you join us. Will be free for 2 weeks more (already is 8 months).
But I will bring short answer here.
I don’t know what style you use, but I’m 100% sure that my style is profitable, and this is not wholly grail style, it is normal breakout style. For me risk/reward is most important. On CYTC (if will see target area) I will have 4 time bigger reward then risk and I’m sure that is one of most important parts to be successful trader. Also I don’t see why you will need huge account for that. If you have 50k account and you trade with 0.5 % risk per trade ($250) then you can buy 1000 shares. So your risk is around $250 and you can make around 1k, and with 0.5% of account risk. I don’t think that is big account and I don’t think that is big risk (0.50).
It is important to see what style you use, do you, swing, day , position or scalp trader. However, if you will make $300 per day (average) that is 6K per month (and for that, you don’t need huge account).

I bring completely trading plan out, I don’t know how you trade, but I’m 100% SURE that without whole trading plan you will not be successful trader, or anyone. I have 8 years of experience and I’m sure what I do. I accept that are different styles outside, and I’m sure that are all good. This one is good for me and I teach new traders how to do that. Of course if anyone don’t like it always can go, it is free anyway. I will not mess with other styles because I don’t know them, but I know that without trading plan you won’t make it, no matter of style.

If you want more information’s always can visit my place

Regards
Ivica
 
may be my written english is overwhelmingly bad

YOU can trade everything !

This is your story : [entry, stop, target] = [30.00,29.75,30.50]

on the long run u cant trade this at profit because of your STOP, STOPSTOPSTOP
in hope of a volatility less than
30/100*29.75 = 0.8%
BECAUSE
the daytoday and intraday volatility of stocks is larger 0.5% under normal conditions
===> u will be stopped out at 9 of 10 trades <===

This is a mare!
 
pssonice said:
YOU can trade everything !

This is your story : [entry, stop, target] = [30.00,29.75,30.50]

on the long run u cant trade this at profit because of your STOP, STOPSTOPSTOP
in hope of a volatility less than
30/100*29.75 = 0.8%
BECAUSE
the daytoday and intraday volatility of stocks is larger 0.5% under normal conditions
===> u will be stopped out at 9 of 10 trades <===

This is a mare!
Click to expand...

Obviously we have diferent styles, and best is that both work on way as we did in past.
On that way we will not have any disagrees. If you think I'm fake that is your opinion and only what I can is wish you good luck
 
i.e. CYTC is a great loser because of your stop

as I mentioned above.

Summarizing your strategy :
1.) your stops are too small
2.) u r able to succeed in applying fundamental trading technics
 
Key point how to be successful, bigger gains then lost. How?

I know that is frustrating to see this kind of market action. Intraday moves are whippy and we see divergence every day (between the QQQQ on the one side, the DIA and the SPY on the other side).
Most of traders have difficult time to make money last weeks. Our room doing well and we are flying very nice through this unstable market.
Right now, more clear then ever, coming out what I told several times and I will repeat again, risk-reward is VERY IMPORTANT. I will show you few examples what we had last days and you will see what I mean.

1. HANS
http://www.ivicacharts.com/diagrams/2007/01092007hans.jpg before
http://www.ivicacharts.com/diagrams/2007/01112007hans.jpg after

If you follow room action risk-reward is more then 3, if you stayed longer it is around 5.
That mean we got 3 time more from this trade then our risk.


2. CROX
http://www.ivicacharts.com/diagrams/2007/01092007crox.jpg before
http://www.ivicacharts.com/diagrams/2007/01112007crox.jpg yesterday

3. SKX
http://www.ivicacharts.com/diagrams/2007/01082007skx.jpg
http://www.ivicacharts.com/diagrams/2007/01112007skx.jpg

4. MSCC
http://www.ivicacharts.com/diagrams/2007/01052007mscc.jpg
http://www.ivicacharts.com/diagrams/2007/01112007mscc.jpg

5. ITT
http://www.ivicacharts.com/diagrams/2007/01052007itt.jpg http://www.ivicacharts.com/diagrams/2007/01112007itt.jpg

Those are just few trades what we had this year. You can see all brought us very nice risk-rewards. On the tracking records you can see that we had negative trades too, but whole point is that our profits are bigger then our lost. That is key, and that is way how to be successful.

Wish you all good trading
Ivica
 
your stops r too small, i.e. ITT

no1 is in doubt of your qualification
 

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pssonice said:
no1 is in doubt of your qualification
Click to expand...
If you don't like my trading plan don't use it, but no need to bring your opinion on my every call. Very simply, if you don't like it, avoid them. If you know much better please show to all of us and open own topic.
I will not arguse with you here how I trade and how I work. I told before I do that every day in my trading room.
 
Market commentary for 01/12/2007

Good day!

We finally saw a move without a divergence. The QQQQ made a new weekly high and finished the day in overbought area (daily CCI is 218), and SPY and DIA touched the previous daily resistance area.
On the daily QQQQ chart you can see that is the 3rd try to break on the new weekly high and the QQQQ finished there. That is good news for long side. The bad news is after several positive days from the range low we need rest before another move. The 60 min equal move is also telling us that. The other indices are telling us the same after the intraday move and daily resistance area.

After yesterday's strong move the market needs 60min consolidation and that is what I will look today. I see room for a possible move up in the morning and my focus will be there. We must be cognizant for a low risk move to new daily highs for the SPY and the DIA we need to see a 60 min consolidation first. Until that occurs, I will continue to look for intraday moves and take faster profits.

For me my trading risk will remain small and on every swing trade. I will start will smaller lots and if the situation improves, I will add to the position. CROX and ETN as swing trades gave us a nice profit, the same is with MET as a late day trade. The same tactic will be today. For intraday ideas, visit trading room and you will get all my live updates.

Good luck trading today!!!!

http://www.ivicacharts.com/diagrams/2007/01122007qqqq.jpg
http://www.ivicacharts.com/diagrams/2007/01122007qqqq60.jpg

http://www.ivicacharts.com/diagrams/2007/01122007spy.jpg
http://www.ivicacharts.com/diagrams/2007/01122007spy60.jpg

http://www.ivicacharts.com/diagrams/2007/01122007dia.jpg
http://www.ivicacharts.com/diagrams/2007/01122007dia60.jpg

I am always available via email and in the trading room if you have any questions.

Ivica Juracic
 
Weekly/friday results

From watch list

ACN - entered (37.43) day trade exit (37.95) plus $0.52 remainder swing looking for (50.00)

From trading room calls

CMCSA - entered (43.30) day trade exit (44.00) plus $0.75 (remainder swing looking
for (45.00 – 50.00)


These are great profits, but with every setup and trade, I try to teach you
to become a better trader. Here are the charts that I made available to our
members.

http://www.ivicacharts.com/diagrams/2007/01122007acn.jpg
http://www.ivicacharts.com/diagrams/2007/01122007cmcsa.jpg


Weekly swing results

CROX - entered (45.25) day trade exit (48.95) plus $3.70

http://www.ivicacharts.com/diagrams/2007/01092007crox.jpg
http://www.ivicacharts.com/diagrams/2007/01112007crox.jpg


HANS - entered (34.40) day trade exit (37.90) plus $3.50
http://www.ivicacharts.com/diagrams/2007/01092007hans.jpg
http://www.ivicacharts.com/diagrams/2007/01112007hans.jpg


ETN - entered (74.20) day trade exit (72.00) plus $2.20
http://www.ivicacharts.com/diagrams/2007/01082007etn.jpg
http://www.ivicacharts.com/diagrams/2007/01162007etn.jpg


ITT - entered (57.05) day trade exit (56.60) plus $1.91
http://www.ivicacharts.com/diagrams/2007/01052007itt.jpg
http://www.ivicacharts.com/diagrams/2007/01112007itt.jpg


MSCC - entered (18.85) day trade exit (17.55) plus $1.30
http://www.ivicacharts.com/diagrams/2007/01052007mscc.jpg
http://www.ivicacharts.com/diagrams/2007/01112007mscc.jpg


Wish you all good trading
Ivica Juracic
 
your proposals on US-stocktrading r welcome

your results r out of interest.

which US-stocks do we have to watch today ?
 
Market commentary for 01/16/2007

Good day!
The QQQQ after being the leader the last few days was the laggard with the SPY and DIA showing more strength. These indices all made new weekly highs. Unfortunately, they did stay in a consolidation area and now are at daily high resistance.
Without weekly rest, we can't have a low risk situation for this week. All we can do is follow the market action. Right now, I would expect a move up in the morning. To look for a swing move up would be extremely risky especially after three green bars on the daily chart. On the weekly chart, you can see that QQQQ broke its range and did that from the range low without rest. That is not good for swing move up but is good for another move up today and that is what I will look for this morning.
Intraday the charts are extended for all the indices, but remember they can become more extended before they start with consolidation. I will stay with intraday moves right now and I won’t change anything in my risk. So far, we are doing well, despite my worries. For swing setups I will start with less risk and then I will add my position and that is best way to use them now. Again, we don’t know when the weekly consolidation will start, but we must have that possibility in mind all the time.
About intraday setups, visit the trading room. I will give all updates in there.
Good luck trading today!!!!

http://www.ivicacharts.com/diagrams/2007/01162007qqqqweekly.jpg
http://www.ivicacharts.com/diagrams/2007/01162007qqqq.jpg
http://www.ivicacharts.com/diagrams/2007/01162007qqqq60.jpg

http://www.ivicacharts.com/diagrams/2007/01162007spyweekly.jpg
http://www.ivicacharts.com/diagrams/2007/01162007spy.jpg
http://www.ivicacharts.com/diagrams/2007/01162007spy60.jpg

http://www.ivicacharts.com/diagrams/2007/01162007diaweekly.jpg
http://www.ivicacharts.com/diagrams/2007/01162007dia.jpg
http://www.ivicacharts.com/diagrams/2007/01162007dia60.jpg


Watch ideas:

Long:
http://www.ivicacharts.com/diagrams/2007/01162007acv.jpg http://www.ivicacharts.com/diagrams/2007/01162007regn.jpg http://www.ivicacharts.com/diagrams/2007/01162007inpc.jpg http://www.ivicacharts.com/diagrams/2007/01162007hlth.jpg http://www.ivicacharts.com/diagrams/2007/01162007nsc.jpg http://www.ivicacharts.com/diagrams/2007/01162007nwl.jpg

Short:
http://www.ivicacharts.com/diagrams/2007/01162007iig.jpg

I am always available via email and in the trading room if you have any questions.
Good luck trading today!!!!

Ivica Juracic
 
Market commentary for 01/17/2007

Good day!
Yesterday we saw a narrow trading day or we saw NR7 day. That is the narrowest trading day in last 7 days. That information can be used today since that generally means we have a higher possibility to see a trend day.
On the intraday charts, you can see the Indices continued with Friday consolidation and that telling us about long bias what I will have today. I will look for long side, but we don’t have blind signal, no matter how nice the consolidation at the highs we continue to have the weekly situation and the possibility for a longer weekly correction. Because of that I will not trade with full risk, but definitely, I will look for long side.
Those who follow me for some time know that we have several ways to trade trend day, and on of significant is to take position after first 60 min lod/how (lod= low of the day, hod = high of the day). In case of the trend day, it is very desirable to be in the trade in the last hour because if we have truly trend day then we could see some nice action at that time. Also trend day will be subject of Thursday class in the trading room.
My bias is on the long side still only for day trades. INTC earnings yesterday afternoon, while good disappointed the street so we may have wait to see if they influence the open. This market still is not setting up for swing trades at this time.
Good luck trading today!!!!

http://www.ivicacharts.com/diagrams/2007/01172007qqqq.jpg
http://www.ivicacharts.com/diagrams/2007/01172007qqqq60.jpg

http://www.ivicacharts.com/diagrams/2007/01172007spy.jpg
http://www.ivicacharts.com/diagrams/2007/01172007spy60.jpg

http://www.ivicacharts.com/diagrams/2007/01172007dia.jpg
http://www.ivicacharts.com/diagrams/2007/01172007dia60.jpg

Watch list for 01/17/2007

IMPORTANT: Take only the opportunities that you really like and understand. Always enter a trade with a trading plan. If you have any questions, please feel free to ask me. There is a much greater chance of success in your trading if you understand the trade. That is very important. Taking just a few trades is enough to be a successful trader. Overtrading is probably the number one reason new traders fail. I personally mostly take swing trades. Please remember to keep that in mind!!!!!!!!!!!!!!!


LONG:
Day trade possibilities (DT-ST)

CTRP long above: 66.00, stop under: 65.50, target: 67.50 (68.00) areas DT-ST
Last/next earning date: Nov 08, 2006
http://www.ivicacharts.com/diagrams/2007/01172007ctrp.jpg

NWL long above: 29.82, stop under: 29.60, target: 30.50 DT (open ST) Last/next earning date: Jan 30, 2007
http://www.ivicacharts.com/diagrams/2007/01172007nwl.jpg

HLTH long above: 13.00, stop under: 12.80, target: 13.50 areas DT-ST Last/next earning date: Nov 02, 2006
http://www.ivicacharts.com/diagrams/2007/01172007hlth.jpg

SHORT:

Day trade possibilities (DT-ST)
GROW short under: 57.00 stop above: 58.66 (59.44), target: 52.50 (50.00, 40.00) DT-ST
http://www.ivicacharts.com/diagrams/2007/01172007grow.jpg

Watch ideas:
Long:
http://www.ivicacharts.com/diagrams/2007/01172007fwrd.jpg

Tracking records:

http://www.ivicacharts.com/diagrams/2006/dwl122006.htm - for December
http://www.ivicacharts.com/diagrams/2007/dwl012007.htm - for January

I am always available via email and in the trading room if you have any questions.
Good luck trading today!!!!
 
Market commentary for 01/19/2007

Good day!
We finally saw nice trend day, unfortunately only the QQQQ participated. The SPY and the DIA did not follow the weakness. The DIA actually exhibited some strength. You can see we didn’t see massive market selling and the divergence between DIA and QQQQ is still here. The QQQQ is back to the middle of the daily range and closed at the 20sma daily support area. That is always a big support area for every time frame and most of time the first try to break that support/resistance area will not work. With that knowledge and DIA, SPY action we can expect different action tomorrow. I will expect that the QQQQ will hold daily and 200sma 60 min (red line) support area. So I will expect more consolidations on the 15/30 min charts. In the mean time, I expect stronger action from DIA and that can bring us some nice setup possibilities for individual stocks.
Don’t forget that today is option expiration day and we could see whippy action and good way to avoid that is design your trading plan with larger stops than usual. That way you can avoid the situation when you get stopped out and then the stock immediately reverses in a favorable direction. Yesterday we had nice day with semiconductor weakness (CYMI, BRCM, LRCX, KLAC etc), and all those trades came from intraday action. I will use that tactic during earning season, plus swing trades that have their own way.
For today, I will look for QQQQ consolidation and more strength in the other Indices. Most importantly, I will follow market action. If you like to get intraday market and stock calls join us in to the trading room.
Good luck trading today!!!!

http://www.ivicacharts.com/diagrams/2007/01192007qqqq.jpg
http://www.ivicacharts.com/diagrams/2007/01192007qqqq60.jpg

http://www.ivicacharts.com/diagrams/2007/01192007spy.jpg
http://www.ivicacharts.com/diagrams/2007/01192007spy60.jpg

http://www.ivicacharts.com/diagrams/2007/01192007dia.jpg
http://www.ivicacharts.com/diagrams/2007/01192007dia60.jpg

Watch list for 01/19/2007


I did not find very many interesting setups for swing traders this morning. My goal is to bring you lower risk, higher probability trades. The market is now is higher risk for new swing setups so the number of swing trades possibilities are fewer. I will continue to work for your long-term success. So please understand why there are fewer trade possibilities. All updates about watch ideas will be in the live trading room.


Watch ideas:

Long:
http://www.ivicacharts.com/diagrams/2007/01192007acas.jpg http://www.ivicacharts.com/diagrams/2007/01192007wsh.jpg http://www.ivicacharts.com/diagrams/2007/01192007nsc.jpg

Short:

http://www.ivicacharts.com/diagrams/2007/01192007pcg.jpg


I am always available via email and in the trading room if you have any questions.
Good luck trading today!!!!

Ivica Juracic
 
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