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********** Good Morning Everyone
********** THR September 14th 2006
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Scott-ST Moderator: Good Morning Ken
JP GM
Scott-ST Moderator: Good morning Boxer
David - Harmontrading has logged out
Scott-ST Moderator: Good Morning David
jvt gm all
David - Harmon Trading has entered DayTrading Chat
Scott-ST Moderator: gm jvt
evgen has entered DayTrading Chat
Ken-ST Moderator: gm David, jvt, evgen
Lorden has entered DayTrading Chat
evgen gm all
Scott-ST Moderator Clear Throat
Scott-ST Moderator: GM JP
Scott-ST Moderator: good morning evgn
Lorden gm everyone
Ken-ST Moderator: GM Scott
jy has entered DayTrading Chat
Scott-ST Moderator: [img id=em-10]
jy gm
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Ken-ST Moderator: gm lorden, jy, hobo
JQ has entered DayTrading Chat
Ken-ST Moderator: gm davidber, jq
claudia has entered DayTrading Chat
JQ gm gang
Scott-ST Moderator: Good Morning JQ
claudia gm everyone
Ken-ST Moderator: GM claudia
jg has entered DayTrading Chat
JQ gm scott ken
Cale has entered DayTrading Chat
Cale Good Morning Everyone
Cale I am here lets get it on!!!!
Cale oh wait 15 min
Cale okay I have time for some coffee
Cale brb
Ken-ST Moderator: gm Cale
Scott-ST Moderator: gm cale
Scott-ST Moderator: I dont think you need any more coffee
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Ken-ST Moderator: gm slowmo
2thdr has entered DayTrading Chat
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benbeth has entered DayTrading Chat
benbeth gm
kcooksley has entered DayTrading Chat
gd has entered DayTrading Chat
gd gm all
Scott-ST Moderator: GM Benbeth
Scott-ST Moderator: Good Morning gd
alex has entered DayTrading Chat
alex gm all
Scott-ST Moderator: Good Morning Alex
Ken-ST Moderator: gm 2thdr, momo, benbeth, kcooksley gd, alex
2thdr gm
nin gm kcooksley tell me you did not trade yesterday
Steve has entered DayTrading Chat
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Ken-ST Moderator: gm steve
Ken-ST Moderator: gm gman
Steve gm Ken, all
Scott-ST Moderator: gm 2tthdr
mellowg has entered DayTrading Chat
gman gm ken , scott all
Scott-ST Moderator: good Morning Steve
Scott-ST Moderator: Morning gman
mellowg morning all
Scott-ST Moderator: good morning Mellowg
Cale okay its decaf btw Scott
Scott-ST Moderator: wow
Scott-ST Moderator: thats like taking a shower with a rain coat on
Cale lol
rdub gm Scott , Ken, all
ms has entered DayTrading Chat
Cale gm rdub
Scott-ST Moderator: gm rdub
rdub guys STLY vol only 50k yest.
Ken-ST Moderator Update!
Pontiff has entered DayTrading Chat
Ken-ST Moderator: [b]***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in downtrend
Hourly Chart: Uptrend with 20 EMA above the 50 EMA
5 min Chart: Uptrend with 20 EMA above the 50 EMA
Overall market is in a uptrend. Futures are currently down 3 point and still in the previous days range. Be conservative gang, the market is caught between an uptrend and a choppy resistance area.[/b]
ryan has entered DayTrading Chat
Ken-ST Moderator: gm mellow, ms, Pontiff, ryan
ms gm all
Steve Ken, given where the mkt is, isn't STLY very thin?
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Ken-ST Moderator: gm dennis
Ken-ST Moderator: We will evaluate STLY after the open
dennis morning Ken..
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Ken-ST Moderator: gm btu
georgie has entered DayTrading Chat
claudia XMSR?
Pontiff gm
IB has entered DayTrading Chat
Ken-ST Moderator: XMSR in range
Ken-ST Moderator: gm georgie, IQ
Ken-ST Moderator: IB
mhlin88 has entered DayTrading Chat
nin osip close
georgie Hi everyone
Ken-ST Moderator: gm mhlin88
mhlin88 gm,ken
Ricky has entered DayTrading Chat
Cale Good Trades Everyone
Scott-ST Moderator: ty Cale
Cale yw
j5 has entered DayTrading Chat
Ken-ST Moderator: gm Ricky, j5
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Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]OSIP 35.53[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]OSIP 35.53[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]OSIP 35.53[/b]
Ken-ST Moderator: gm Mark
mellowg has logged out
mark Gm Ken all
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mellowg has entered DayTrading Chat
Ricky GM
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AKAM 45.27[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AKAM 45.27[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]AKAM 45.27[/b]
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AKAM 45.27[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AKAM 45.27[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]AKAM 45.27[/b]
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
rdub ahhhh NO TIME!
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Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CMVT 22.36[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CMVT 22.36[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CMVT 22.36[/b]
j5 AKAM STOP
Ken-ST Moderator: LOD
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Scott-ST Moderator: j5 its onthe table
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AKAM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AKAM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AKAM[/b]
j5 tx scott i c it
Ken-ST Moderator: a little tight on AKAM, stop at lod is still tight too
Ken-ST Moderator: if you want something looser
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]AKAM[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]AKAM[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]AKAM[/b]
j5 nice
j5 tx guys
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Ken-ST Moderator: gj
jy akam ty
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Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DIOD 43.86[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DIOD 43.86[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DIOD 43.86[/b]
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Ken-ST Moderator: wb
Ken-ST Moderator: market new lod
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CMVT[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CMVT[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]CMVT[/b]
j5 ouch
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ryan ken, no ARXT?
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Ken-ST Moderator: I was hoping the stock would take out the recent lows it made lat month
Ken-ST Moderator: before considering a short
Ken-ST Moderator: gm kvr
Scott-ST Moderator: ryan ARXT is still in range
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Cale okay okay okay
Cale whats cooken
j5 yo cale
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
j5 cale help me out here
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DIOD 43.86[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DIOD 43.86[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DIOD 43.86[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 43.20[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 43.20[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 43.20[/b]
j5 grr misplled DIOD for DIDO, cost me like 8 cents in slip
Ken-ST Moderator: dang
Steve POSITIVE slippage, got DIOD at 43.63 cool!
DavidBer better than typing dildo
Ken-ST Moderator: sorry j5
Ken-ST Moderator: lol
j5 not you guys, my bad
j5 lol, i know
dennis has logged out
DavidBer My wife wants to know if you got a fill on DILDO?
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
DavidBer *ducks and runs*
mellowg lol
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]DIOD [/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]DIOD [/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]DIOD [/b]
Ken-ST Moderator: lol
Ken-ST Moderator: gj Steve
alex has logged out
j5 lamo david
medoo has logged out
mellowg my left column is not updating
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Scott-ST Moderator: Mellowg Press the Backspace key on it
mellowg will try
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mellowg closed windwo and re-opened swingtrade now it look ok
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ARXT 39.36[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ARXT 39.36[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]ARXT 39.36[/b]
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gd sndk on fire
nin akam lod ???
Ken-ST Moderator: We will wait for consolidation near the lod on AKAM
Cale DAMN SNDK
JP Quick Cale, pee on it and put that fire out.
Cale i would piss on a sparkPlug if i thought it would help
mellowg gotta go...again...putting everything on auto...cya in about an hour
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WITS 18.69[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WITS 18.69[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WITS 18.69[/b]
btu Sorry, but I have to say it....All right, who wants to be short of wits????
jg aren't we all?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AKAM 44.94[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AKAM 44.94[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]AKAM 44.94[/b]
Ken-ST Moderator: lol btu
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Ken-ST Moderator: I hope its not at the end of its run if we short it
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JP *rimshot*
Cale ya babe JP
Cale nothing but net
nin akam it might be
Ken-ST Moderator: AKAM a good example of waiting for consolidation if coming up to a breakout level from a ways away
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Scott-ST Moderator: http://premium.econoday.com/index.html
Scott-ST Moderator: Check out Fridays News
Scott-ST Moderator: Keep your eye on the CPI news that will move the market for sure......
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jvt oh yea quadruple whiping
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Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AKAM 44.94[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AKAM 44.94[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]AKAM 44.94[/b]
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georgie Scott/Ken I know STLY is low volume but is it a short trigger at LOD
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Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AKAM 45.41[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AKAM 45.41[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]AKAM 45.41[/b]
chrysler That's weird. I didn't realize earlier that I had logged on as "btu" but that's one of the stocks I was watching today!
Ken-ST Moderator: lol chrysler
j5 lol
j5 but you werent trying to trade chrysler stock either right
chrysler Not at the current time I wasn't!
chrysler The bad part is I was concentrating on AAPL & RIMM so I forgot to buy some BTU when I wanted to, oh well.
999 has entered DayTrading Chat
Ken-ST Moderator: STLY has a valid hod setup going here. We will avoid due to spread, but it is there for those who are willing to deal wiht the spread
Ken-ST Moderator: gm 999
Ken-ST Moderator Update!
gd bye bye akam
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AKAM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AKAM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]AKAM[/b]
j5 akam where you going baby?
Ken-ST Moderator: AKAM near the p/d highs, and near the MAs
Ken-ST Moderator: perhaps some protis in this area not a bad idea
Ken-ST Moderator: that will lock in some profits,and will secure you a winning trade
Gantra poof all gone
jvt akam poof the dragon?
gman stop out for me akam
gman my entry
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]AKAM Breakeven[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]AKAM Breakeven[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]AKAM Breakeven[/b]
j5 we were like 3 cents away
nin arxt close
Ken-ST Moderator: a stop at entry on OSIP not a bad idea as well
gd cale...you stil short sndk?
gd still
Cale ya about to get stopped out :(
gd what is yuor stop price
gd yuor
gd your
Cale 60.42
gd I'll root for not reaching stop
gd down sndk
gd how is that cale
Cale ty ty gd
gd MArket not cooperating with your short
Scott-ST Moderator: anyone watching a stock of intrest?
999 has logged out
swoop intu
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Ken-ST Moderator: gm jb
johnboy good morning gang
lionel watching bmhc at 25.64
JP How high will HANS go? Up over 20% the past 3 days.
lionel ken how do y feel about bmhc
Cale been looking at that too JP
Ken-ST Moderator: total range Lionel
Ken-ST Moderator: too choppy and not good to trade imo
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jvt wierd day today
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Ken-ST Moderator: wb
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lionel ken what do you mmean with total range?
Ken-ST Moderator: its in the same range it has been in in the past month
lionel ok
Ken-ST Moderator: it produces choppy trading conditions, unreliable trends.
Ken-ST Moderator: You want to trade stocks that are trending
lionel ok
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Steve Ken, what guidlines do you use in defining the channel, simply the previous month or something else?
Cale Steve I just change the channel with my remote
Ken-ST Moderator: I am looking for stocks that are trading in areas that it has not had much recent action in
nin arxt making a move
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ARXT 39.36[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ARXT 39.36[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]ARXT 39.36[/b]
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jg stop in arxt?
lionel stop arxt??
jvt no stop tgt
lionel that stop seems very loose
Ken-ST Moderator: lod
Steve cale, you just changed the channel because Erin and Marie aren't on the tube
Ken-ST Moderator: the stop is about 1%
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Ken-ST Moderator: Liz is smokin today
Scott-ST Moderator: 38.97
Ken-ST Moderator: me likey her hair
Scott-ST Moderator: table is updated
Scott-ST Moderator: not seeing it Ken
jvt what she smoking
lionel looks better now at 38.97
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator: babe herbs
nin wits close
lionel wits is close
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WITS 18.69[/b]
medo the stop if trigger ?
Ken-ST Moderator: 19.01
medo yy
medo ty
jvt anyone see this
jvt FNET FortuNet: Funny Fluff at FortuNet -- Motley Fool... FNET at $15.60 in pre-mkt (15.80 )
"FortuNet has had quite a week. In the past five days it's advanced 150%, on word (so the press seems to claim) that it's received an OK to sell its wireless gambling devices to casinos in Nevada. (We're talking about handheld gizmos that would let allow you to, say, continue to play poker while you're sitting on the can at Harrah's (HET), or dance with the one-eyed bandit while you pretend to watch your new girlfriend try on shoes at one of those Wynn Resorts (WYNN). FortuNet's splash into this as-yet-nonexistent market is, however, only a blurry reading of the headlines. The real situation, explained a bit more fully here, is that FortuNet didn't get an official OK, a contract, or anything else. It got a preliminary nod."
999 has entered DayTrading Chat
Steve Ken, wits stop 19.01 - a psych stop above 19.00 even number?
Ken-ST Moderator: Yes, the best resistance I can see above the MAs is the 18.96 area
Ken-ST Moderator: but we may as well go a little looser and place it above the round number resistance as well
Steve thx
Ken-ST Moderator: good question
Cale JQ where is blk
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Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
jvt no
jvt wits so near hehe
nin i can taste it
Ken-ST Moderator: if you still want to do WITS you may place a tighter stop at 18.85
lionel so no short on wits even if it triggers?
Ken-ST Moderator: not for us
kvr any thoughts on HAL intraday , ken
gd akam nice move off low
Steve and there goes wits to 18.85
Ken-ST Moderator: Intraday it is in a downtrend
Ken-ST Moderator: 5 MIN chart in downtrend, it is, however, trading in the trading range it was seen in the past 3 days
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Gantra is there a gap play in RAH, Ken?
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jvt no claudia today?
Ken-ST Moderator: no Gantra, it is still in the recent range. That too can produce choppy signals
Steve speaking of recent range, why did we trade arxt, it's in recent range?
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Ken-ST Moderator: yes, but has gapped out of a trading range
the-Don gm all
Ken-ST Moderator: if anything we were only looking to go long on the stock
Scott-ST Moderator: gm Don
Ken-ST Moderator: the gap plays, we are looking for stocks that are gapping out of a trading range
the-Don howdy scott
Ken-ST Moderator: and preferably into an area not seen recently
Scott-ST Moderator Yahoo!
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mellowg back for a while
Scott-ST Moderator: wb
Cale where did ya go Mellow?
Steve ok, i can see that, so flexible recent range
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Cale lol I am a poet and didnt even know it
Ken-ST Moderator: yes Steve, albeit ARXT was not exact Ideal,
mellowg starting a worker on large new tile floor in new house
Cale thats work
Cale I am not into work
Cale hell going and getting coffee and ding-dongs is close to work
mellowg straight line are very important even here in 3rd world
medoo Ken, do u think joining a mentoring program with an active trader is a good idea or wasting your time and money ?
Ken-ST Moderator: It would depend with who.
Ken-ST Moderator: Everyone has their own style of trading.
Ken-ST Moderator: And you have to see if it fits your style
lionel out of osip breakeven
medoo ty ken
lionel osip hod
the-Don shrt KFX
Scott-ST Moderator No Way!
claudia Ken FFIV 51.25 type c?
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Ken-ST Moderator: all factors are there, except for the market
Ken-ST Moderator: market on its way up to overbought
Ken-ST Moderator: but it does have a tight stop
jvt come on wits trigger
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Ken-ST Moderator: we will not call this one, but hte brekaout would 51.26
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jy where is Type B on th eleft panel ?
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JP NVDA at 29.53?
Gantra Ken, how about LYV HOD LONG
Gantra or break out at 22.65
Ken-ST Moderator: it has come a long way up to that resistance area
swoop long INTU
Cale at what swoop, i was looking at that one also
swoop 32.46
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Cale yep nice swoop, good eye
Cale wish I would have pulled the trigger
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swoop been playing it a few days now....up about 4K this week on it
Scott-ST Moderator: WITS just hit our short entry
Ken-ST Moderator: nice swoop
swoop tx....I was playing the bounces at 30.50
nin wits nice
jvt wits hit tgt too?
ms out wits .9 %
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Ken-ST Moderator: nice
Scott-ST Moderator: 18.50
Ken-ST Moderator: hows that for quick money
Scott-ST Moderator: is the the profit
jvt only one penny off i'm ok with that
Scott-ST Moderator: missed it by .01
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nin 18.55 out
Ken-ST Moderator: sure
Ken-ST Moderator: wb
Scott-ST Moderator: yes JVT good job
jvt looks like it wants to go lower but today's trading feels wierd
the-Don ken yr views on TPX short here
Scott-ST Moderator: theres profit on WITS
jvt theres ur tgt hehe
Scott-ST Moderator: and going lower
Ken-ST Moderator: TPX ugly chart
Ken-ST Moderator: not much to trade there
Ken-ST Moderator: I would stay away from that
the-Don thnaks
the-Don 1 more Ken IAG pls
Ken-ST Moderator: which stock was Bear and some other person talking about yesterday about a double bottom at 41
Ken-ST Moderator: for a possible swing trade long
Ken-ST Moderator: it started with an E
the-Don EGIL
Ken-ST Moderator: No i think it was a listed stock
the-Don IAG when u get a min pls Ken
Ken-ST Moderator: what kind of time frame?
Ken-ST Moderator: It is a short at a new lod
the-Don thanks
Ken-ST Moderator: np
nin wits is going to break the .40
the-Don good
jy DIOD new hod
jy 44.56
Gantra ENG, that was me, ken
Ken-ST Moderator: no not that one
Ken-ST Moderator: the stock was in the 40 area
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jvt wits new low
the-Don good good
nin sold to soon story of my life
the-Don better than losing
mellowg ahhhhhhhhh nin
nin yes i blame ken
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Ken-ST Moderator: nin, it doesnt have to be all or none
Ken-ST Moderator: scaling out is a good option
Ken-ST Moderator: the more the stock trends in your favor the more you scale out
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Ken-ST Moderator: Scaling out does a lot.
Ken-ST Moderator: It improves your breakeven cost. It reduces your capital exposure as the trend becomes more extended
gd akam chart a little roller coaster
Ken-ST Moderator: and it make your decision making a heck easier with less capital exposure
Ken-ST Moderator: Not to mention locking in profits
ms Ken do you recommend scaling into a trade also
jvt is osip closed?
Ken-ST Moderator: I do not do so on breakouts
Gantra Ken, it was EGN (not ENG) My brain! LOL
Ken-ST Moderator: yup that was it
Scott-ST Moderator: not yet JVT
Ken-ST Moderator: not how it is moving away from the 5 day EMA
Ken-ST Moderator: today
Ken-ST Moderator: still keeping the shrot term downtrend in tact
Ken-ST Moderator: when playing a double bottom you needother confirming factors
jvt oh thought it was a stop at breakeven
Scott-ST Moderator: Ken suggested that a good stop would be at breakeven, but we do not move stops on type A's
swoop fyi....HEPH is expecting news whether or not they will gt a govt contract to deliver vaccines. They should get the decision tomorow sometime, so if they win, should be good for a quick .50 or so. Worth watching.....but you'll have to be quick on the trigger. Kinda thin volume, so don't get greedy if you play it.
Ken-ST Moderator: ty swoop
swoop np :)
Ken-ST Moderator: going back to EGN, there was no confirming move above the 5 day EMA
georgie has left the room
lionel just missed crme
jvt claudia are u in ffiv
Gantra ken, it looks to me like egn closed yesterday above the 5 ema....that's not a confirmation?
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Ken-ST Moderator: not really convincing
Ken-ST Moderator: it tested the 20 day EMA area as well today and backed off
jy ken/scptt, can you put back the left panel Type B ?
Gantra yes, i can see that. interesting
the-Don u think wots wants lower
johnboy For you DAS users, is the current version 1.49?
JP I have 1.51
johnboy or does anyone else have a lag when changing from the default platform to their custome platform?
johnboy oh ok JP, I'll update mine, thanks
JP You know you can make your custom platform the default platform right?
johnboy nope, I didn't know that
the-Don Ken your opinion on NSM for daytrade?
JP Save your custom platform as default.dsk and it will replace the current default screen settings.
johnboy cool, thanks JP, I'll do that
lionel ken haver you tested your system with much tigher stops like 1%?
Ken-ST Moderator: yes, all kinds
Ken-ST Moderator: the stops are hte most difficult part of the trading strategy
Ken-ST Moderator: we try to tighten up as quick as we can, but we still need togive the stock room to run
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jvt that msft zune looks cool
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Ken-ST Moderator: WITS new lod
Ken-ST Moderator: hi Bruno
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Ken-ST Moderator: any questions gang?
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rdub Ken I wonder if there's any way to give us a heads up when you're looking at something that may trigger within a couple seconds like AKAM did this morning
Ken-ST Moderator: i try to type it in as fast as I can
Ken-ST Moderator: the best thing is to have the charts up on all the stocks we are watching
Ken-ST Moderator: get to know our setups, what we look for
Ken-ST Moderator: and use us for confirmation
rdub gotcha ..
nin ken arxt turn it around short lod ????
rdub thanks
Ken-ST Moderator: only looking for the long on that one for now nin
nin ouch osip
boxerconan What is going on with MRVL today????
nin ouch arxt
nin upppppp
Scott-ST Moderator: its trading boxer
Ken-ST Moderator: is that alfred e neuman on CNBC?
Ken-ST Moderator: from Mad Magazine
Ken-ST Moderator: ooops my bad, its a lady
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Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OSIP[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OSIP[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OSIP[/b]
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Ken-ST Moderator: wb
Scott-ST Moderator: yawn
Ricky Ken, did you fire your entertainment crew? They're quiet today.
Cale we just heard that we might be getting about of had
swoop c'mon INTU, shoot up like Whintney Houston in a hotel bathroom !
Ken-ST Moderator: lol
Ken-ST Moderator: yeah it is quiet today
Cale we can fire up the entertainment again if you like?
Ken-ST Moderator: along with the market
rdub lol swoop
Cale I have been working on a new Scanning software package
Ricky If Scott is yawing, i think you guys better step in and entertain.
Cale I am suprised that ARXT is still open
Cale Ken whats the Trend?
medo wits (short at LOD) is still valid, Ken?
Cale up?
Cale up?
Cale and away?
Cale I wish I would have gotten in on that one Medo
Ken-ST Moderator: we wil wait until 1:30
Cale 1:45? you mean?
Ken-ST Moderator: we are in a trading range. intraday momentum is sdieways to up
Cale hummm Sideways to up
Cale sounds like UP TO ME babe
Cale not that I am long in anything
Ken-ST Moderator: lol
Ken-ST Moderator: WITS is very oversold
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Gantra arxt very unhappy :(
Ken-ST Moderator: [img id=em-4]
Steve Ken, do you trade bounces off of large gap closes like WITS today?
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Ken-ST Moderator: only if it fits the strategies
Ken-ST Moderator: there are a lot of patterns or strategies you can trade
gd OK guys...I am out of here..leaving for europe (Oktoberfest!!!) be back in about 2 weeks...good luck to all!
Ken-ST Moderator: but, ultimately I found that if you stick to just a couple, that is all you need
Gantra have a blast, gd
Ken-ST Moderator: Mind you it has to be successful strategies
Ken-ST Moderator: otherwise you will overtrade.......and that is the downfall of many traders
Ken-ST Moderator: okgd, have a good one
Steve agreed.
Ken-ST Moderator: Rock on
gd Cale may your sndk short be very good
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Steve that opens a whole other conversation...What do you use to gauge strategy performance, ultimately it boils down to $ profit, but what about expectancy and other stuff. what's your opinion?
Ken-ST Moderator: not sure what you mean by that?
Ken-ST Moderator: watching bid on ARXT, has not gone to the stop
Ken-ST Moderator: yet
Steve i just got filled at 3.00 on arxt
Steve 39.00
Ken-ST Moderator: make sure your platform is set to trigger on two conditions, bid and print
Ken-ST Moderator: if its just one or the other and not both, you may get faulty executions
Gantra hmm...well the new low of day is 38.96
Steve tradestation showing low of 17.94 at 1:12 and b/a 17.98/18.00
Steve oops, wrong stock
Steve lets try again low of 38.96 at 1:11 and b/a at 39.00/39.00
Gantra my stop was at 38.97 and fill at 39..also tradestation
Gantra 200 shares traded at 38.96 according to my matrix window
Steve ken, i'll get back to you later about strategy performance this afternoon when things are slow
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Cale ty
Scott-ST Moderator: wb
Cale take care gd
Ken-ST Moderator: its slow all day steve
Ken-ST Moderator: feel free
Ken-ST Moderator: that was outside the market Gantra
Ken-ST Moderator: which is why you need to have those two conditions set on your stops
Steve gantra, other TS users, how are you using matrix to trade. I've used it but find it too slow when things heat up
the-Don WITS type C Ken
Ken-ST Moderator: note that the support is still holding for now on ARXT
Ken-ST Moderator: even though the offer is trying to tak it down
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DIOD 44.57[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DIOD 44.57[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]DIOD 44.57[/b]
Gantra steve, i use the matrix and the attach OSO feature...i'll enter the order on the matrix and then readjust the OSO orders, moving the stops
the-Don WITS .00 Long
medo diod stop ?
Steve didn't know about the attach OSO, does that mean the OSO auto calculates based on a % up/down for limit/stop based on entry price? or do you have to enter limit/stop price manually?
Gantra ken, i'm not sure how to set for the order type you are talking about in TS.
the-Don 1% ching ching ching
Ken-ST Moderator: GJ DON
Ken-ST Moderator: Gantra, you will need to talk to your provider
Ken-ST Moderator: in this case, TS
the-Don thanks i did call it
the-Don for a type C?
Gantra steve, you have to input those at points...thats why i have to move them to the correct 1 % for th eprofit target
Steve Gantra, from what I saw, there was a print below 38.97 and the b/a was also below
Gantra hopefully, TS will add percent in addition to pt for the OSO setup
Steve agreed, it would help alot
Gantra i tried setting the OSO order up using the order bar, but it seemed a big pain, so i went back to the matrix.
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DIOD 44.57[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DIOD 44.57[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]DIOD 44.57[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 43.99[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 43.99[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 43.99[/b]
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Steve I find both too cumbersome, programmed a strategy and using that, works well and is fast
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Ken-ST Moderator: WB
Ken-ST Moderator: need to step away, brb
Scott-ST Moderator: I amstill here :)
jvt we in this DIOD?
Scott-ST Moderator: Yes Sir
Gantra scott, are you SURE you're really there? maybe you think you are but you're really not. ;)
Scott-ST Moderator: hummmm
Scott-ST Moderator: maybe Gantra
Scott-ST Moderator: let me punch myself
Scott-ST Moderator: yep I am here
Scott-ST Moderator: ouch
Scott-ST Moderator: let me stick my toung in the outlet here, just to be sure
Gantra good idea
jvt where's all the buyers and volume
gman i second that
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gman try making diod profit, that way we know youre really here scott
Gantra i tried shorting SWN. I put the order in using the Matrix and the PPS fell below my short stop but it didn't fill. It just sat there. I cancelled it after awhile. wierd.
the-Don lol
Steve were you using stop limit or stop market order
Cale Top Ten Bad Summer Camps
Here's a list of summer camps you may NOT want to send your kids to:
Cale Tommy Lee's................Camp Kickachick
Monica Lewinsky's.......Camp Suckaweewee
Gantra stop market
Cale President Clinton's.......Camp Getahoochie
Ellen DeGeneres's.......Camp Lickacoochie
Kenneth Star's..............Camp Catchacrook
O.J. Simpson's.............Camp Killachick
Lorena Bobbit's............Camp Cutaweewee
Gantra LOL
gman it looks like youre here scott..diod moving the right way..
Cale Tonya Harding's............Camp Clubaknee
Susan Smith's...............Camp Blameabrotha
Pamela Lee's................Camp Lottatatas
Michael Jackson's........Camp Wannabewhitey
Louis Farakahn's..........Camp Killawhitey
Cale he put his toung in the outlet
Cale did he come back?
Steve what was trade volume during the period? maybe noone on other side, but I find that hard to believe
Cale oh I wonder?
gman lol cale...
Cale just seems lite during lunch Steve
Cale thats DayTrading for ya
Cale Scott?
Cale Hello Scott
Cale are you okay?
Steve cale, nice list - i'll have to pass that on
Gantra there were orders on both sides as the moved down....dunno. Maybe problem finding the shares to borrow?
Scott-ST Moderator: yes just putting out the fire in my hair
Cale :)
gman lol scott
Steve call TS order desk, ask them WTF
Gantra ack....I hope that wasn't my fault.
gman Just make DIOD work for me and you can stick your tongue back into the outlet
Steve scott, what's that smell?
Gantra instead of breathplay, now we have plugplay!
mellowg ohhhhhhhhhhhh electric plug...ohhhh ok
Scott-ST Moderator: lol
Scott-ST Moderator: I need to keep the kidproof covers on them for sure
jy COme on DIOD
Scott-ST Moderator: up DIOD up
Ricky Ken, any possible calls in the next 20 minutes?
Scott-ST Moderator: could Be Ricky
Ricky Okay, i'll stick around. Shower canwait.
Scott-ST Moderator: keeping an eye on all the we played this morning for a good setup
Scott-ST Moderator: bah Shower, I cant smell you so your good
Gantra Scott, i'm using Trade-Ideas now. I'm getting alot of cool alerts for the Short Traders Paradise screen.
Scott-ST Moderator: ya?
Scott-ST Moderator: I didnt like the fast you couldnt do Triggers
Scott-ST Moderator: I didnt demo it yet
Scott-ST Moderator: but just reading the FAQ
Gantra didn't like the fast?
Scott-ST Moderator: do we have anyone in ARXT right now?
Brian yes
Scott-ST Moderator: okay Brian
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Scott-ST Moderator: Hang with it
Scott-ST Moderator: looks like its pulling back up
Scott-ST Moderator: it just needs to get past the 20 ema
jvt was it a short?
Scott-ST Moderator: we are Long in ARXT
Scott-ST Moderator: I need to take off for a sec, Ken will be right back
Scott-ST Moderator: and I will be right back
Scott-ST Moderator: keep your eye on the DIOD 1% target
Scott-ST Moderator: brb
Ricky No one at the helm?
Gantra Trade-Ideas is coming out with a backtester inOctober, called the Odds Maker.
http://marketmovers.blogspot.com/
the-Don oh oh
jvt man everyone leaving
jvt where's blk, rdub
jvt cale
jvt bear
Steve flying solo
the-Don abandon ship?
mellowg has left the room
the-Don there goes mellow
the-Don and wits coms back down
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Ken-ST Moderator: back
Gantra abandon a ship that's not sinking?
Steve nah, stay on the ship, water's so calm you could take a bath
jvt wasnt wits a short
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WITS 17.87[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WITS 17.87[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]WITS 17.87[/b]
the-Don theres more in WITS
the-Don wow
Ken-ST Moderator: if it triggers, it triggers. If not no problem
Steve ok ken and scott, yahoo shows arxt as low of day at 39.96 - what's up?
Steve 38.96
the-Don yhoo slow
Steve i can't type
Ken-ST Moderator: the print was outside the market
jvt hehe
Steve still, the delay reinforces the fact that it should have triggered
Ken-ST Moderator: when you set your stop, make sure you have the bid or offer AND print set to make your stop
jvt that means if u buy now u can sell 39.71 risk is 5 cents
Ken-ST Moderator: trigger your stop
Ken-ST Moderator: the delay?
Gantra ken, how do you define the market?
Ken-ST Moderator: SPX
Steve yahoo is 20m delayed quote
Ken-ST Moderator: right steve, we are not disputing the fact that there was a print at 39.96
Ken-ST Moderator: there probably was
Ken-ST Moderator: but the bid didnt get down to our stop
Ken-ST Moderator: meaning it was a print outside the market
Steve ok, i see the light
Ken-ST Moderator: cool
Ricky Ken, what exactly do you mean by print?
Ken-ST Moderator: a trade that went off at that price
jvt what's going on with this diod
Ricky Would that be the Last Price shown on whatever page you are using?
Ken-ST Moderator: page?
Ricky Broker's page
Ken-ST Moderator: a print is a price that crosses the time and sales
Ken-ST Moderator: meaning a trade went off at that price
jvt ccrt flying any news
Gantra i think the "print" is same as saying actual trades reported on the "tape"
Ken-ST Moderator: but you will notice that traders sometimes try and front run the market by using INET and sweeping orders beyond the market.
Ken-ST Moderator: Doesnt mean the support is gone. The support is still there at 39.00 with the bid in tact
Ken-ST Moderator: meaning there is a buyer there
Ken-ST Moderator: that is why you should have your stop set to trigger on two conditions. Print AND Bid
Ken-ST Moderator: doesnt make any sense if the bid drops to yoru price but no one trades it. Also, it doesnt make any sense that some one trades at yoru trigger meanwhile the market is still well above htat level
Ricky I got the last part, finally. I'm still having problem with the rest of English.
Ken-ST Moderator: I am poor at English
johnboy where are you originally from Ricky?
johnboy Ken, your english gooder than mine
Ken-ST Moderator: sad part is, it is the only language i know
jvt any new videos or books to improve our trading ken or james?
johnboy jvt, watch Hostel, nothing to do with trading, but it's actually a good horror movie
jvt i heard it's soft porn
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jvt first part is hehe
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Ricky I'm just kidding JB, it's the investment language i'm trying to get hold of, slowley. Although, i am originally from Italy, but learned the english language fairly well.
johnboy hmm, didn't notice that
jvt nip tuck is becoming tv's version of soft porn
Ken-ST Moderator: If you havent watched read any book on Technical Analysis, I would suggest reading one
johnboy cool Ricky, I was just kind of curious
Ricky Lack of spell check on the chatroom makes us all look like we lack the language skill.
Ken-ST Moderator: Technical Analysis of Stock Trends by Edwards/Mcgee is the first one I read
johnboy lol
Ken-ST Moderator: Other than that pyschology books are good
Ken-ST Moderator: you will find that the psychological part of trading is vital to the success of a trader
jvt hmmm so sit and meditate
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mellowg ohhhmmmmmmm
Steve Ken, what psych do you like, Steenbarger, other?
Gantra Yoga is good.
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jy ken, I hope DIOD is still in rend
Steve I train/teach martial arts - godd philosophy and opportunity to 'work thru' bad days
medoo wits is very close
Ken-ST Moderator: Keeping my eye on the 20 ema
Ricky Ken, is that book fairly easy reading, or does it assume one is already expert and in the field?
mellowg ken is an edpert in martial arts...
mellowg expert
Ken-ST Moderator: it starts from basic then gets into really technical issues
johnboy later christian slaters, off to do some earth pushdowns, see you tomorrow
Ken-ST Moderator: but it gives you the entire philosophy of techncial analysis
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Ken-ST Moderator: why it works
mellowg jb
Ken-ST Moderator: you will eventually find that the stock market is actually a reflection of human psychology
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Gantra Ken, why wouldn't we want to have out stop moved up under the 20 ema on DIO?
Ken-ST Moderator: mapping out human emotions
jvt azo is NEAR
Ken-ST Moderator: just about to Gantra
conanboxer You are so right.....about human psychology
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 44.39[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 44.39[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]DIOD 44.39[/b]
jy Com
jy COme on
Ken-ST Moderator: Nothing can be predictable on a consistent basis........
Ken-ST Moderator: except for mass human pyschology
Gantra thanks to the fact that it is governed by fear and greed to such a degree
Ken-ST Moderator: exactly
Ken-ST Moderator: our strategies are built upon the basic fundamentals of T/A
jy T/A = ?
Ken-ST Moderator: technical analysis
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Gantra Ken, ever look at the book Charting the Stock Market-The Wychoff Method by Jack Hutson? I just got it but haven't finished it yet.
Ken-ST Moderator: sorry I have not
Steve ken, back to the question on strategy performance analysis. what factors do you look at expectancy, max drawdown/runup, ROI, etc...?
Ken-ST Moderator: sorry, I am still a little confused onthe question
Ken-ST Moderator: Strategy performance analysis
Ken-ST Moderator: ?
Ken-ST Moderator: I think that is where my confusion is
Ricky Ken, would one of these meet your Print/Bid recommendation for Stops: Last, Double Last, Bid/Ask, Double Bid/Ask, Last or Bid/Ask, Mid-Point. Currently I have it set to Last.
Steve when backtesting a strategy you are considering implementing such as enter long/short on gap from prior day... (does that help?)
Ken-ST Moderator: not sure Ricky, you may want to ask your provider
Ricky I will. Thought someting might have jumped out at you that met the criteria you recommended.
Ken-ST Moderator: The strategy I implement is the one that makes me money
Steve ok - makes sense
Steve follow up - do you backtest ?
Ken-ST Moderator: I trade a strategy with my own money. Sorry that its not more scientific or mathmatical than that. I learn best by using real money.
Ken-ST Moderator: I look back to see if something would have worked. Then implement it wiht my own money
Steve thx
Ken-ST Moderator: and make sure i am trading in different market environments
Gantra the discretionary approach
Ken-ST Moderator: I first look to see if it makes sense.
Steve looks like mm are playng with arxt
Ken-ST Moderator: I have used a lot of different indicators in my trading, but ultimately found that the simplest approach was the best and most consistent
Steve KISS !!!!!!
Ken-ST Moderator: exactly
Ken-ST Moderator: there are a ton of indcators out there. And perhaps all of them work, it all depends how you use it. I use as little as I can to make things work
Ken-ST Moderator: MAs, Stoch. and candles
Ken-ST Moderator: and something that not many use, which is the time of day
Ken-ST Moderator: different strategies for different times of the day
Steve that makes me comfortable I use the same 3 (for once maybe i'm doing something right)
jy DOW just turned green
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Ken-ST Moderator: GA bb
Ken-ST Moderator: i dont look at news.
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jvt today feels like a friday
Ken-ST Moderator: today is the index options expiration day
Ken-ST Moderator: sometimes the market can go into a tight pattern on these days
Ken-ST Moderator: then it opens up later in the day or on the next friday
jvt next friday as in tomorrow?
Steve 3rd Friday of the month always more interesting
Ken-ST Moderator: lol
the-Don 5 fridays this month
Ken-ST Moderator: ah, ok, I thought I had it wrong for a sec
Ken-ST Moderator: yes friday meaning tomorrow
Ken-ST Moderator: market new hod
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Ken-ST Moderator: wb
Ken-ST Moderator: the joker on cnbc
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Steve ken, what's up w/ arxt unusual price action
Ken-ST Moderator: If I had to take a guess, I would say it has to do with options expiring
Steve yep, i'd agree, good call
Ken-ST Moderator: you see that kind of pegged prices a lot during options expiration time
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Scott-ST Moderator: Well
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]ARXT[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]ARXT[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]ARXT[/b]
Steve i did - an hour ago (haha) !!
Ken-ST Moderator: Market coming off overbought
Ken-ST Moderator: gang if you wanted to be conservative, a stop at entry on DIOD
Ricky Taunting, is there a penanlty for that?
nin wits close
Ken-ST Moderator: market is coming off trend
Ken-ST Moderator: ty nin
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]DIOD[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]DIOD[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]DIOD[/b]
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Ken-ST Moderator: wb
swoop ken, ever do covered calls as a strategy?
Ken-ST Moderator: nah
Ken-ST Moderator: its good if you have long term positions
Ken-ST Moderator: but i dont have any that long
Ken-ST Moderator: EGN took out the lows
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Scott-ST Moderator Hi
swoop I was just looking at HEPH, trading at 6.35, 7.50 call expires tomorrow and still bidding .15 looks like easy money. Just thought I'd mention it as a covered call strategy. Pretty high volume today as well at that strike.
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Ken-ST Moderator: yeah seems like guaranteed money
Ken-ST Moderator: the risk is holding hte stock
Ken-ST Moderator: I would do it if I owned the stock and did not have a plan to sell anytime soon
Ken-ST Moderator: that will lower your cost basis on the stock by .15
swoop true enough...
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mellowg has logged out
David - Harmon Trading blk lbl
Ken-ST Moderator: tx david
David - Harmon Trading Where is blk lbl today?
Ken-ST Moderator: tx for making it so long
David - Harmon Trading lol
jy David, is there commission on the trade ?
David - Harmon Trading 9.95
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Steve Ken, does your startegy incorporate a max number of open positions or do you know what the max open positions has been over the past year. I want to make sure I have my account trade size set correctly vs. my individual trade size.
jy David, unlimited trade with $2K member equity ??
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jvt just bored anyone see the CAKE chart
jvt looks like some body part on a woman :-)
Steve jvt, did you look at clouds as a kid?
Steve what did you see?
jvt hehe
jy Wow DIDO diving
jy should have shorted it
Steve yeh, you're right - don't answer that question
jvt dildo?
jvt diod?
Cale 4.9 what do we do this last hour
jvt havent seen cale on all day
jvt 4.9 version?
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jvt i'm in the mood for some brazilian buffet
Ken-ST Moderator: mmmm
jvt quadruple witching should be a volitile day right
jvt adbe having earnings today wow
Scott-ST Moderator: that will be a good one to watch jvt
jvt yea going by the daily chart it's a nice looking cup and handle
Ken-ST Moderator: notice how the market is unwinding near the end of hte day
jvt but today's closing looking like a doji candle so going to be interesting which way it's goign to go
Steve nasd right at 200d overhead resistance
jvt k guys heading out to get ready for my brazilian buffet....everyone take care
Ken-ST Moderator: have a good one jvt
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Gantra this is so awesome. i got Trade-Ideas to link to a chart window in tradestation. everytime the trade-ideas window updates, so too does my TS chart.
Steve WITS behaving like ARXT was before
Steve gantra, is that a plug-in offered by trade-ideas or what?
Gantra now, you drag this icon from the TI window to the chart window inside TS
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Steve what triggers does TI have that can't be found or programmed in TS? Is it stuff like short interest thresholds and fundamentals that TS doesn't know about?
Gantra TI does alot of real time screening of stocks for all kinds of technical behavior. TS doesn't do that.
http://www.trade-ideas.com/
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Steve don't follow you. TS scans real-time tech data
Gantra how?
Gantra TI screens for certain parameters
Steve use radar screen, add a list of stocks, and indicators that watch price action of tech data based on the time interval (1m, 5m, etc..) you select
Gantra i understand what you mean. But you have to come up wih that list. You use TI to create that list. Just check out the website and you'll understand.
Steve i've looked at TI before and wasn't impressed. but I'll look at it again - thanks!
Gantra ya the demo is kinda goofy..they limit the functionality...i just signed up for a month to try it. It's pretty cool stuf, IMO.
Steve ken, cancelling wits soon?
Ken-ST Moderator: yes
Ken-ST Moderator: in fact I think I will cancel it now
Ken-ST Moderator: not a great day for thre market
Ken-ST Moderator: trend wise
Ken-ST Moderator Update!
Ken-ST Moderator: CANCELALL ALERTS
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Ken-ST Moderator: Any questions
Steve in your experience, does market head south/north at EOD on options expiration day(s)
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Ken-ST Moderator: no real pattern
Scott-ST Moderator: Thats Day Trading!!!
Scott-ST Moderator: [img id=em-9]
Steve Ken, maybe I missed it before, did you respond regarding max number of open positions during the day?
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Ken-ST Moderator: we do not have a maximum number of open positions, but its not oftne more than 4 at one time
Ken-ST Moderator: wb sieno
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Steve As a rule, I keep a 10:1 ratio (trade acct vs. trade size), so I shouldn't run into problems trading your signals. Do you agree?
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Ken-ST Moderator: I would agree with that
Steve getting ready to head out - thanks for all the input
Steve good day all !
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Ken-ST Moderator: have a good day steve
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