Is trading the TREND!!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
CAT Calls = Look out below.....
The 85's...LOL helps when you mention that!!
In 10 CAT June 22 Calls @ .79
Off of the charts from the weekend.
Hey $F!! Haven't posted much in the last year or so with work being so busy but still managing to fit in some swing trades here and there.Planning on starting to post a little more.
I like FST a lot. Should have bought early on Friday but was a little hesitant.
Couple of swing trades I am keeping an eye on this week.
CAT Daily & 60 min Chart:
Channel break out first stochastic rotation. We broke out of the channel and now we held the channel line on the pull back and the sto got over sold. I like this for a nice bounce this week.
Would like to see a little gap down Monday morning to be able to get a better price as I am looking to get June 22 options on this and to have the sto rotate downa little more.
PBR Daily & 60 min Chart:
I dislike PBR just as much as the next person but we are on the lower trend line on both time frames and the daily has responded nicely to this trend line. Looking to pick some commons instead of options as it could be a longer term hold with RISK.
HAL Daily & 60 min Chart:
Oil Service sector looking good for this week as you saw in SLB last week that I know a few people played. Lower trend line bounce last week but there is no reason we cant go higher with the sto still over sold. Looking to buy commons unless the 60 minute sto can get oversold again.
FST Daily Chart
Still liking this chart to try and make a break back towards the 200 ma. Positive things going on with this company.
Couple of swing trades I am keeping an eye on this week.
CAT Daily & 60 min Chart:
Channel break out first stochastic rotation. We broke out of the channel and now we held the channel line on the pull back and the sto got over sold. I like this for a nice bounce this week.
Would like to see a little gap down Monday morning to be able to get a better price as I am looking to get June 22 options on this and to have the sto rotate downa little more.
PBR Daily & 60 min Chart:
I dislike PBR just as much as the next person but we are on the lower trend line on both time frames and the daily has responded nicely to this trend line. Looking to pick some commons instead of options as it could be a longer term hold with RISK.
HAL Daily & 60 min Chart:
Oil Service sector looking good for this week as you saw in SLB last week that I know a few people played. Lower trend line bounce last week but there is no reason we cant go higher with the sto still over sold. Looking to buy commons unless the 60 minute sto can get oversold again.
FST Daily Chart
Still liking this chart to try and make a break back towards the 200 ma. Positive things going on with this company.
EXCELLENT DD as always CJ!!
Thanks for the links they were a good read. I like the base that we are forming here and based on the new CEO that should get people excited about what is in store. The next earnings in unconfirmed for 8/1/13 so we should see a nice run up into that. Lets see what happens.
Holding 1000 shares, I know it is not alot but I wanted to make sure we made it out of the base for adding any more.
Thanks again for the DD. As always I appreciate it.
Thanks..... =)
Team effort!! I drew the lines and you called the bounce off the 50 dma. For some reason though I feel like we still have more to go to the upside but 100 point swings in either direction has historically signaled a top....Time will tell and I all I have is time.
Hi **D*A**!! Long time buddy!! Glad to see you are still around.
You guys kick some back side today....I'm in meetings from 8:30 - 3:30 solid today!! BOOOOOO
Your absolutely right...Bounce...Bounce....Bounce off that 50 day!!
One of these days we will break through it and then we will have to trade the charts to the down side.
Hey, your charts look great though!! Keep up the great work.
No biggy.....Pointed it out to post another point of view.
Happy Trading
Musky
Hey bud...Yeah I prolly will not be around Ihub really at all ever. I joined Daytradingradio.com and enjoy it over there alot. About the same amount of money as this but more technical driven over there with market commentary all day during the market every day the market is open.
I am only tading bigger stocks these days and doing a lot more day trading and swing trading based on trendlines and stochastics. Not really ever holding more than 3 days. I learned alot here on the hub but I have moved on really never come here at all any more. I only knew you messaged because it popped in my email.
Hope all is well with you and things are getting back to normal after the storm. Have a good weekend. Take care buddy!!!! =)
What are you shoting for a target on this one? I got in at .033 this morning and have a sell set at .05....
SDH!! Good for you on your trading!!
Do what is best for you and your family!!
Wishing you all the best and feel free to contact me any time about anything!! =)
Musky Guy (Tom)
And thank you GOOG for putting the smack down on this market!! Grabbed your puts just in time!!
I have seen your posts have been a little down lately....no offense....take a day or 2 and tune into daytradingradio.com and check out his vidoes on youtube....let me know if you end up running into a few more winners....Best Of Luck Crapsman!!
I can promise you that day trading radio has made me a better trader by far....Day Trader Rock Star is great!!
The HPS setups have changed me!!
DSTI: You gonna hold over night? I hoped in on a dip today...
You still working or done for the winter....Nice to see you around again bud!!
Nice call binks!! Your right GS has been on a tear!! I was thinking about puts and thank goodness I didn't.
Congrats bud!!
FCX is a beast!! Out 10 @ 1.10 from .49....bang bang!!
Gonna hold the FCX over night tonight...60 minute is shaping up!!
Good profit so far from the entry earlier.....Risky I think. I think holding anything over night right now is risky!!
It's alright bud....Well find another one...Good TEAM mork on that one though!! Everything lined up one that one.....Will find a November monthly for us!!
=(.....Darn it CJ....Yep these days I am more patient and it si paying off...
FDX bought 4 87.50's @ .62....Just sold them for 2.60!! This is my 2nd best options play ever!!
And there she goes higher....either way...bank that cash!!
Yeah I contemplated selling half Friday morning @ 1.25 for a double but held off!!
Hope you ended up with a profit on CAT...it was a quick one!!
Just a heads up that FDX is reporting earnings on Tuesday....
I have no idea what it is going to bring but I do know wwe are both holding Calls!!
http://seekingalpha.com/article/909101-cramer-s-mad-money-8-things-to-watch-in-the-week-ahead-10-5-12?source=marketwatch
Ok....well after reading you post and thinking about it and then reading your post again and thinking about it some more and then repeat one more time I have come to the conclusion that you are absolutly right!!
I look at around 250 - 350 charts a night....Some times I wake up in the morning and can't even remember which stocks I was hot on the night before as they blend from night to night from time to time.
Tonight I started to compile my list of 30 stocks that I will get to know better than my right hand...=)!!
High fliers and ones that have big moves from time to time. I am going to dedicate the next 6 months to only playing weeklies on these stocks. I may play some monthlies on other setups I like but will focus most of my time and energy into these 30.
BTW....I have never heard you talk about paper trading before =)..LOL
Thanks again for your advice Bobby. I always appreciate it.
Are you serious? $15,000 into 1.8 million...WOWsers!!
CMG 280 calls just popped from .50 to 2.85 in about 3 secs....BOOM
Nice....Thank You Very Much CJ!!