Ken-ST Moderator:
***********Market Assessment**********
Daily Chart: Above the 5 day EMA, Stochastics in uptrend
Hourly Chart: Uptrend with 20 EMA above the 50 EMA
5 min Chart: Downtrend with 20 EMA below the 50 EMA
Futures are down 1.25 points. Overall market bias is viewed as sideways to up. Current uptrend is still viewed as a countertrend (a rally in an overall downtrend). We are approximately 12 points away from the year highs.
Ken-ST Moderator: gm pontiff
Welcome to SwingTrades.com!
Scott-ST Moderator has entered DayTrading Chat
Room is moderated
You can now talk
Scott-ST Moderator has become a moderator
olena has entered DayTrading Chat
Ken-ST Moderator: gm scott, olena
TraderJQ has entered DayTrading Chat
olena gm
Ken-ST Moderator: lol gm TJQ
Scott-ST Moderator: Good Morning Everyone
Scott-ST Moderator: gm olena
Scott-ST Moderator: gm Jim
Scott-ST Moderator: gm steve
TraderJQ GM TRaderModerators
steve gm scott
Cale gm JQ
bobby has entered DayTrading Chat
Pontiff gm ken scott gang
TraderJQ GM Calebo
TraderJQ GM "GG"
dok28 has entered DayTrading Chat
bobby gm guys
Scott-ST Moderator: gm bobby
dok28 gm all
Scott-ST Moderator: gm dok
Ken-ST Moderator: gm bobby, dok
nm has entered DayTrading Chat
nm gm all
Scott-ST Moderator: gm nm
Pontiff "GG" here YOW!
Ken-ST Moderator: gm nm
Pontiff gm jqbo
aon Ken, watch KOMG
Ken-ST Moderator: Good Trading Gang!!!
TraderJQ GM aonbo
Scott-ST Moderator: PARTY TIME
aon morning TraderJQ
nick has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CHRD 12.86
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CHRD 12.86
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CHRD 12.86
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on DNDN 25.20
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on DNDN 25.20
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on DNDN 25.20
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on DIVX 23.28
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on DIVX 23.28
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on DIVX 23.28
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ROSE 23.01
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on ROSE 23.01
Ken-ST Moderator: Gang DNDN is close, but be aware the stock is very volatile
Ken-ST Moderator: and the initial stop will be very wide
Ken-ST Moderator: CACH possible support below
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy DIVX 23.27
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy DIVX 23.27
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy DIVX 23.27
kristi has entered DayTrading Chat
Scott-ST Moderator: GM KRISTI
Ken-ST Moderator: gm kristi
kristi gm guys
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy DNDN 25.20
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy DNDN 25.20
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy DNDN 25.20
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on DNDN 24.65
Ken-ST Moderator:
UPDATE: Moving stop on DNDN 24.65
Ken-ST Moderator:
UPDATE: Moving stop on DNDN 24.65
aon jeeezzz what a dumper
aon shorted CEGE to hedge
aon hedge is working
aon dangit, had nothing to hedge on DIVX :(
Scott-ST Moderator: SPSN going down down down
david has entered DayTrading Chat
TraderJQ GM Lizbo
Scott-ST Moderator: gm david
cormier1 question
Ken-ST Moderator Update!
david gm
Ken-ST Moderator:
UPDATE: Moving stop on DNDN 24.74
Ken-ST Moderator:
UPDATE: Moving stop on DNDN 24.74
Ken-ST Moderator:
UPDATE: Moving stop on DNDN 24.74
aon AMAG running (low vol)
cormier1 ROSE and CHRD both had opening trades that saw immediate drops
Ken-ST Moderator Update!
Ken-ST Moderator:
STOPPED Consider exit in DIVX
Ken-ST Moderator:
STOPPED Consider exit in DIVX
Ken-ST Moderator:
STOPPED Consider exit in DIVX
aon oh man, this one was heavy :(
Lippy ouch!
cormier1 within the first few minutes
kristi has logged out
Ken-ST Moderator Update!
cormier1 Is there a plan for catching those kind of trades?
Ken-ST Moderator:
Watching for Type B Short at new low of the day on CHRD 12.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on CHRD 12.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on CHRD 12.24
vu DIVX party pooper
cormier1 Too hard to determine?
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on PGNX 25.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on PGNX 25.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on PGNX 25.24
Cale cormier, the 1st hour is hard to ask questions, they are busy watching stocks and stuff
Ken-ST Moderator Update!
Ken-ST Moderator:
STOPPED Consider exit in DNDN
Ken-ST Moderator:
STOPPED Consider exit in DNDN
Ken-ST Moderator:
STOPPED Consider exit in DNDN
aon ok, took the loss DNDN but CEGE is giving it back
cormier1 OK. Thanks, Cale
Cale nice job AON
Cale closed its gap from this morning
aon dive turd, diiiivvveeee
aon boooyyyaaaaa
cormier1 Cale, AON how long have you been trading, full time?
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CACH 16.26
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CACH 16.26
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on CACH 16.26
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on DIVX 22.49
Ken-ST Moderator:
Watching for Type B Short at new low of the day on DIVX 22.49
Ken-ST Moderator:
Watching for Type B Short at new low of the day on DIVX 22.49
Cale 3 years
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on DNDN 23.99
Ken-ST Moderator:
Watching for Type B Short at new low of the day on DNDN 23.99
Ken-ST Moderator:
Watching for Type B Short at new low of the day on DNDN 23.99
Pontiff no shorts for divx on das
Pontiff no shorts for dndn on das
aon no shorts DIVX :(
kramer can't borrow DNDN anywhere....anybody?
aon no shorts DNDN
david no short cyber
TraderJQ nope
kami no shorts anywhere dndn
bobby has logged out
Scott-ST Moderator: EXPE is close
bobby has entered DayTrading Chat
Scott-ST Moderator: WB bobby
Ken-ST Moderator: GM BOBBY
Jen volume is really low on EXPE
bobby hello
bobby1 has entered DayTrading Chat
aon long CHRD still valid? or cancel?
vu CHRD short not long
Scott-ST Moderator: valid but far
Ken-ST Moderator: lets cancel that
Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL CHRD LONG ALERT
aon ok, ty
Pontiff yea the RE market has bottomed out......ha ha ha ha ha!!!
aon Ken, have u seen URI?
Duke Rose is Open
Ken-ST Moderator: NICE AON
Ken-ST Moderator Update!
Scott-ST Moderator:
TYPE A Trade (Breakout). Consider Buy EXPE 24.03
Scott-ST Moderator:
TYPE A Trade (Breakout). Consider Buy EXPE 24.03
Scott-ST Moderator:
TYPE A Trade (Breakout). Consider Buy EXPE 24.03
Ken-ST Moderator:
Watching for Type B Short at new low of the day on URI 31.73
Ken-ST Moderator:
Watching for Type B Short at new low of the day on URI 31.73
Ken-ST Moderator:
Watching for Type B Short at new low of the day on URI 31.73
Scott-ST Moderator: Duke, nope
Jen come on!
Pontiff no kidding Miami
Ken-ST Moderator: Whats that Jen?
Duke may sorry scott
Jen never mind, thought the alert just posted triggered. My bad.
Jen wow, ARI is a volatile one
Scott-ST Moderator: URI?
Jen I think I better stop trading today! Yes, URI
Cale lol
Cale know the feeling Jen
Scott-ST Moderator: Duke, np
Jen thanks for your support Cale!
Cale [img id=em-8] np Jen
Ken-ST Moderator: hehe
Ken-ST Moderator: CACH is close
TraderJQ Calebo your the best I love you man!!
Cale *MAN HUG*
TraderJQ lol
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CACH 16.26
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CACH 16.26
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy CACH 16.26
aon CACH no update in table
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on CACH 15.80
Ken-ST Moderator:
UPDATE: Moving stop on CACH 15.80
Ken-ST Moderator:
UPDATE: Moving stop on CACH 15.80
aon URI coming down
aon INCY (under 10) looking good
Cale the incy bitcy spider went up the water ....
aon lmao
Scott-ST Moderator: Markets making HOD
aon URI near
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short URI 31.73
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short URI 31.73
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short URI 31.73
Scott-ST Moderator:
UPDATE: Moving stop on URI 32.51
Scott-ST Moderator:
UPDATE: Moving stop on URI 32.51
Scott-ST Moderator:
UPDATE: Moving stop on URI 32.51
Scott-ST Moderator:
UPDATE: Moving stop on URI 32.51
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.15
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.15
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.15
Scott-ST Moderator:
UPDATE: Moving stop on URI
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in URI
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in URI
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in URI
Charlie_ has entered DayTrading Chat
tc. has entered DayTrading Chat
Charlie has logged out
Ken-ST Moderator is no longer a moderator
aon damn, only partial
Jen thanks for that one AON
aon had to cover the rest a bit higher
aon damnit URI
Ken-ST Moderator has logged out
tc has logged out
Charlie_ has logged out
Charlie has entered DayTrading Chat
aon yw jen :)
Scott-ST Moderator: HEHEH see if Ken liked the boot this morning
Jen is CHRD about to do the same as URI?
Cale was that aon's?
Cale lol thanks AON
Ken-ST Moderator has entered DayTrading Chat
Ken-ST Moderator has become a moderator
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CACH
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CACH
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CACH
aon TEAM - Together Everyone Acheives More
Cale NICE
Ken-ST Moderator: gang you can thank AON for bringing up URI to the rooom
Ken-ST Moderator: ty AON
aon no way Jose!!!! no fill for me CACH
Cale and there is no I right AON
vu AON is da man
aon oh man, look at URI!!!!!!
aon and I filled it higher :(
aon everyone got CACH@ .42?
Duke .40
Cale i got .42
aon got only 100 of my 1500 :(
Scott-ST Moderator: still in trend aon
nisha has logged out
aon OK NDAQ seller!!! move out the way NOW!!!
aon u hear me?
aon darnit
Duke ken/scott...look at ROSE and tell me what you think...I got in by accident at 22.72 grrrr
Scott-ST Moderator: CHRD coming down
aon URI LODDDDD
Scott-ST Moderator: duke, in long?
Duke long
Scott-ST Moderator: make sure you set your stop at the LOD
Scott-ST Moderator: 1st
Scott-ST Moderator: then lets take a look
Duke ok
Duke 22.52
Scott-ST Moderator: hard one to say, its right at the 20 ema
Scott-ST Moderator: it might work out for you , the markets are treding up
Duke ok thanks scottbo
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short CHRD 12.24
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short CHRD 12.24
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short CHRD 12.24
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short CHRD 12.24
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CHRD 12.24
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CHRD
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CHRD
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CHRD
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in CHRD
Jen wow, that was a zippy one
aon lol mods
aon those are too quick ticks and are not getting filled
Duke had to be matt dillon to get that
aon sold 2/3
Cale LOVE Zippy, well when it comes to stocks that is...
aon cover rest mods?
aon or wait?
aon mods?
Jen moderator?
aon KEN/ SCOTT????
Scott-ST Moderator: ?
cormier1 aon, cover rest mods. What does that mean?
Ken-ST Moderator: what are you referring to?
aon i filled only 2/3
aon too late now
aon thx
Cale AON on drugs
aon why is that bro?
Scott-ST Moderator: did you only get a partial fill?
aon yes scott
aon and wanted to know if to cover rest higher
Scott-ST Moderator: and what ecn are you using, ARC or INET?
aon smart on IB
aon its auto
aon ok riding half on cach to compensate chrd
Scott-ST Moderator: understand, but you should select ARC or INET when you can on those volitle stocks
Scott-ST Moderator: CACH is still on a down trend
Scott-ST Moderator: CHRD is on a down trend
aon out rest cach .56
Scott-ST Moderator: nice aon
Cale wish I kep some in there
Jen DIVX maybe our next victim?
Lippy Out CACH at .50 took back half of what I lost in DIVX
Ken-ST Moderator: gj lippy
Lippy tx Ken
aon c'mon CHRD turd
aon leeaaannn
aon out CHRD 1/3 on b/e
aon ok, i'm almost b/o for the day and it's pretty good considering the lousy start
aon CACH hod
Cale it will come down, CHRD
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
aon DNDN tanola
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short DNDN 23.99
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short DNDN 23.99
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short DNDN 23.99
Jen no shs available
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
aon nada on dndn anywhere
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in DNDN
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in DNDN
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in DNDN
Ken-ST Moderator: if you cant trade the stock, then the next best thing is to note the setup
vu bummer
Ken-ST Moderator: and why we went short on it
vu damn look at it tank
Cale WOW
david tht was pure vitual trade
Cale down down down
Duke one volatile puppy that dndn
Lippy CEGE is following DNDN
Ken-ST Moderator: wow, down 10% after our trigger
Ken-ST Moderator: and climbing
Ken-ST Moderator: 15%
Duke if your long your on suicide watch...LOL
vu cant short CEGE either
Lippy Vaccine not good anymore?
Ken-ST Moderator: 20%
aon shorted NUVO 5.69
aon waaahhhooooo
david what fast volume
vu so what was the setup with DNDN? :)
Ken-ST Moderator: that is danger mouse
nisha has entered DayTrading Chat
Ken-ST Moderator: hi nisha
nisha just had to restart
Scott-ST Moderator: the setup was a break down from past the LOD to fill the gap
vu ah
vu explain fill the gap
Scott-ST Moderator: CANCEL ROSE LONG FOR NOW
vu understood the break down pas LOD, but fill the GAP?
nm dndn ....wacky
Ken-ST Moderator: Type Bs are gap plays
Ken-ST Moderator: so that one is a short on a stock gapping up
Ken-ST Moderator: we short a new lod, it is usually going into the gap
Jen opening price gapped up from prior days closing price
Jen or visa versa
Ken-ST Moderator: yes ty jen
aon did anyone anywhere had shorts on DNDN?
aon I took NUVO instead and got back into green...
vu yes that helps, thx
kami no dndn shares available to short since few days ago
Cale CACH is where the Cash is at today
aon yes, since the big news actually
kami yes aon
aon there's a mini DNDN for you guys - NDN :)
aon lmao
nick2 has entered DayTrading Chat
aon just saw the ticker going up
kami they don't have to lend stocks for shorting right?
nick has logged out
vu When you short, who lend you the stocks
aon Ken, lod EXPE makes sense or keep original stop?
aon your broker vu
vu ic
aon from other customer who are long
Ken-ST Moderator: lod is too tight imo
Ken-ST Moderator: I think the stop is good where it is
Ken-ST Moderator: otherwise you may not be giving the stock enough room to move within its trend
vu so the broker dont actually lend you the stocks, but sell the ones from other customers that are long right?
aon roger that, thx
bobby1 I still hold CACH, do you think it can go up to $17
Scott-ST Moderator: yes thats the idea vu
aon scale out bobby
aon trim it
aon why leaving all ont he table?
Ken-ST Moderator: scale out as thje stock moves up AON
Ken-ST Moderator: sorry boby, not AON
Ken-ST Moderator: you dont need to be all in or all out
Ken-ST Moderator: as the stock goes higher, the risks become greater
Ken-ST Moderator: as the risks go higher, you want less capital exposure
Ken-ST Moderator: so it makes perfect sense to keep lightening your positions as the trend gets older
bobby1 Thank you
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in DNDN
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL AFTER LUNCH
Pontiff has logged out
Cale remember Bobby Pigs alwways get Slaughtered
bobby1 good job guys see you
Duke aon knows about pigs...hahahaa
aon take care bob
bobby1 has logged out
aon oink oink
Duke oink oink
aon mostly about stupid ones
aon oink
Duke we all know about pigs
Duke tough lesson
Cale uh oh
nisha has logged out
Scott-ST Moderator: we will start scaning for type C's here in a bit
aon CA - CHing @ $17 !!!!
Lippy shouda coulda woulda damn it
Scott-ST Moderator: nice aon
aon FIRE is being burned again
Scott-ST Moderator: remember Lippy, there is always the next trade
aon lol
Scott-ST Moderator: lol
Lippy I know Scott I know.....lol
Scott-ST Moderator: lots of news on Don Imus
Lippy my stop was very tight due to first trade with DIVX
Scott-ST Moderator: ah
nisha has entered DayTrading Chat
Lippy I sold at 10:39 and the low was 16.48
Scott-ST Moderator: wb nisha
Jen Fox is showing the news conference with the Rutgers team right now
Scott-ST Moderator: its been on the Today show all morning
Ken-ST Moderator: man, i am out of it. what is the story wiht that?
Jen Don Imus called them nappy headed ho's
Scott-ST Moderator: just the wrong thing to say at the wrong team
Ken-ST Moderator: ah ok
Scott-ST Moderator: not sure he should be getting so much news for the comment
Scott-ST Moderator: not that I am saying it was right but....
Duke typical Iman
Duke may not get out of this one
Scott-ST Moderator: you can never make 100% of the people happy 100% of the time
Duke nope
Duke but to be fair, I have heard sharpton, jackson, farakahn say similar things
Scott-ST Moderator: Okay Jen there is your next victom
Jen yep, no shares available again
Scott-ST Moderator: DIVX just triggered, execpt the fact its lunch time
Cale RRPH hod
Scott-ST Moderator: yep I agree Duke
Jen I think if you say mean-spirited things on a regular basis, it will eventually catch up with you
Duke scott...did you see o'reilly and geraldo go at it the other night
Duke I thought o'reilly was going to punch him out
Jen his lips were quivering he was so mad
Duke yep
aon DIVX pos no shorts avail
Scott-ST Moderator: Duke, I did see that on the news
Duke don't think it was staged
Scott-ST Moderator: i agree I dont think so either
Duke now their playing nice nice again...LOL
Scott-ST Moderator: lol
nm has logged out
Duke they need to come up with the rock'em sock'em robots ...like they used to have with o'reilly and geraldo robots
Scott-ST Moderator: lol, i had those as a kid
Duke or a caged match
Scott-ST Moderator: and saw them this christmas, it was too funny
Duke they are worth a lot of money now
Scott-ST Moderator: really?
Duke saw it on a toy show the other day
Duke all those old toys we had as kids are worth a fortune now
Scott-ST Moderator: I have seen some old toys, that I used to play with go for come big bucks
Scott-ST Moderator: remember the AFX cars and Track?
Scott-ST Moderator: hours and hours of fun
cormier1 if you guys can ever get to Disneyworld in Orlando\
Scott-ST Moderator: and then they came out with the TCR, (total Control Racing) and that was real fun
Duke I saw a hop a long cassidy gun and holster set with shirt for like 300 400 bucks
cormier1 There is a hotel called Pop Century
bobby has logged out
cormier1 It has shadow boxes of all the toys and gadgets that people played with
cormier1 from the 50's thru the 00's
Scott-ST Moderator: shadow boxes?
cormier1 Yeah
Scott-ST Moderator: whats a shadow box?
Scott-ST Moderator: wait I will look it up
cormier1 Big frames, covered with glass
cormier1 that are about 5 to 12 inches deep
cormier1 A picture frame but deeper.
Scott-ST Moderator: ah, yep
aon ROSE lod
Scott-ST Moderator: gotchya
Scott-ST Moderator: AON I missed that short Trigger
Scott-ST Moderator: we were going to go short at .47
Scott-ST Moderator: but I was too late with the alert
cormier1 Scott, question
Scott-ST Moderator: sure
cormier1 If a stock reaches HOD what signals indicate a buy (to go higher)
cormier1 instead of a short (to go lower)?
aon shame on you Scott
aon lol
cormier1 Is this something the video would answer?
Scott-ST Moderator: on the gap plays, after a pull back from the HOD we look for a 2nd breakout
Scott-ST Moderator: lol aon
Scott-ST Moderator: the idea is that it will take out the last HOD and take off
cormier1 Let me translate for me. :)
Scott-ST Moderator: lol
cormier1 After the stock begins to drop after hitting the HOD
cormier1 you look for a second breakout to go up again
Scott-ST Moderator: right
cormier1 and surpass the first HOD
Scott-ST Moderator: yep
Scott-ST Moderator: or LOD (short)
cormier1 What indicator would convince you to go short after a HOD
Scott-ST Moderator: and it has to be above the 5 ema for Long
Scott-ST Moderator: if the stock is taking out a LOD and below the 5ema the we will look at it as a short
Scott-ST Moderator: just like DIVX
cormier1 Can I find the ema for a stock on DAS platform?
Scott-ST Moderator: its on the charts
cormier1 Its on the chart window in DAS?
Scott-ST Moderator: at the moving average indicator
aon PGNX near hod
Ken-ST Moderator: yes you can add that to the DAS chart
cormier1 how do I do that?
Jen under study configuration, 2nd icon from the left
Jen on the individual charts
Scott-ST Moderator: ty Jen
Jen yw, I remember how frustrating it is to get started
Mike22 has logged out
Mike22 has entered DayTrading Chat
cormier1 Ok
cormier1 Jen/Scott/Ken
Scott-ST Moderator: np
cormier1 When I click on the chart I can add a moving average
aon eyeying this INCY bitsy spider...
cormier1 Do I select exponential?
olena has logged out
Jen I only see moving average
Jen yes, did you find it under configure?
Scott-ST Moderator: yes Exponential
Scott-ST Moderator:
Gang,we strongly suggest that a 5 minute candlestick chart of the SPX be kept open to give you a visual of current market conditions, overlay this chart with 5, 20 and 50 ema and slow stochastics. You will find that this will help you with your personal daytrading, giving you the “heartbeat” of the market.
Scott-ST Moderator: brb getting something to drink
cormier1 Jen, yes I did
aon calebo, any self Type C's?
cormier1 When it comes up, I see a blue line
cormier1 moving through the candlesticks
Ken-ST Moderator: Scanning for Type C longs
cormier1 Scott, what is SPX
cormier1 Ken, Jen SPX??
Jen S&P index
Ken-ST Moderator: its the SP 500 index
cormier1 Duh
cormier1 Thank You
cormier1 How would I open a chart like that in DAS
Jen same place you setup the ema, pick overlay
lars has logged out
cormier1 Jen, how would you make it come up?
cormier1 I see that the words "overlay (SPX) appear in yellow
cormier1 but I don't see a line?
Jen how much history are you showing? How many bars basically? Are you setup for a 5 min chart?
cormier1 Yes
cormier1 I clicked a 5 minute view
Jen click on the sym icon on far left of chart
Jen what is on the right in the "from" and "to" area?
cormier1 Yep
cormier1 It says minute chart
cormier1 5 minutes
Jen the right side?
vu ema=exponental moving average?
cormier1 vu, yes
cormier1 Jen, what do you mean the right side?
cormier1 from and to area?
Jen yes,
cormier1 Oh, ok
cormier1 It shows from 4/10 to 4/10
Scott-ST Moderator: thanks Jen!!
Jen np
Jen yes, is 00:00 to 23:00?
cormier1 Yes
Jen so you should have more than enough price history for the index to show up on your chart
aon ok, don't issue any alerts till i'm back...
cormier1 Give me a stock symbol so I can look at the same thing as you
Jen DNDN
Scott-ST Moderator: okay aon
aon ty Sir :)
Jen you may have your chart to focused. Try hitting the - button to pull back your view
Jen too focused that is
cormier1 Jen, I keep seeing that I have an SPX overlay but no matter what color it doesnt show
cormier1 I also pulled back full and focused in full, still not there??
Jen that doesn't make sense. Did you play with the plus and minus buttons?
cormier1 Yes
cormier1 I have DNDN in candlestick form
Jen I assume your background is black so yellow should show up
cormier1 I have moving average, exponential in blue
cormier1 background is black
Jen did you hit "commit" button when you configured?
cormier1 Yes
Jen you've exhausted my technical abilities, maybe use the live help on Harmon site
cormier1 Ok
Ken-ST Moderator: ty jen
Jen happy to help
cormier1 I just added a stochastic line and it showed up. Confused.
cormier1 Thank You, Jen and Ken and Scott.
Ken-ST Moderator: you have to double click on that section of the chart to add the indicator there
Scott-ST Moderator: [img id=em-8]
cormier1 I know I ask alot of newbie questions
cormier1 But I really want to learn
cormier1 Still to mysterious for me.
cormier1 Technical skills are low
cormier1 Gettin there
Scott-ST Moderator: not a problem at all cormier
Jen gotta go for awhile, see you in awhile
Scott-ST Moderator: have fun Jen
Scott-ST Moderator: anyone Else with Questions?
cormier1 Yeah I got a thousand! :)
cormier1 How bout this
cormier1 I think I need the Daytrade video
cormier1 What else do you suggest to understand Technical analysis
Scott-ST Moderator: lots of reading
cormier1 Scott??
cormier1 where, who, what?
cormier1 book, particular website?
cormier1 Scott or Ken. Let me know what you think. I will be back
cormier1 has left the room
Scott-ST Moderator: okay
Scott-ST Moderator: I was look for my list of good books
Scott-ST Moderator: any other Questions?
TraderJQ Great Scott your a nice Lady
Scott-ST Moderator: LOL
Ken-ST Moderator: lol jq
Ken-ST Moderator: lmao
lars has entered DayTrading Chat
Scott-ST Moderator: ga lars
Ken-ST Moderator: hi lars
Ken-ST Moderator:
Intraday Trend is Sideways to Up
theking Ken/Scott - checking out IMCL? They just resumed trading.
Scott-ST Moderator: what caused them to stop trading?
Ken-ST Moderator: ah, its trading in choppy area
Ken-ST Moderator: its recent trading area
theking Drug failed test
kami wow they're dumping it
Scott-ST Moderator: note the support at the 20 ema on the daily chart
TraderJQ holdig bio-tech=holdig C-4 with bad fuse
Cale wait what did I miss?
Cale lol JQ
TraderJQ wb Calebo
Cale ty ty
Cale do you really use fuses with C-4
Cale hummm so I have been doing it all wrong
Scott-ST Moderator: who is Liz Limom?
Scott-ST Moderator: who is Paul Walter?
JP Liz Limon is a character from 30 Rock.
steve has logged out
Scott-ST Moderator: nice JP,
Scott-ST Moderator: your the Winner, COME ON DOWN
JP What's my prize?
Scott-ST Moderator: uh, well hummm
Scott-ST Moderator: sec
Scott-ST Moderator: let me look in the bag
Cale wow big bad Scott
Cale did ya come yet with JPs prize?
JP I'm still waiting.
JP I hope its a boat.
JP lol
Scott-ST Moderator: oh
Scott-ST Moderator: yes thats what it is a boat, a brand new WaterCraft Boat, all your JP
Scott-ST Moderator: now its up to you to come pick it up and pay the taxes on it
JP I'm on my way.
JP has logged out
Scott-ST Moderator: lol
Lippy lol JP
JP has entered DayTrading Chat
Lippy Would CACH be a good play at HOD again?
theking has logged out
JP Bananas that last longer than 3 days.....the wonders of technology.
Scott-ST Moderator: looks good Lippy
Scott-ST Moderator: But I wouldnt take it in this 1st breakout right after lunch
Lippy tx Scott heard ya
Cale wait, you know where to find bananas that list more then 3 days?
JP CNBC was just talking about it.
Cale oh I missed that
aon ok, I'm back, all alerts are released :)
JP Bananas in some new plastic, 3 weeks old and still fresh as the day they were picked.
Scott-ST Moderator: not yet aon
Scott-ST Moderator: wow, new plastic?
JP CHRD heading south again.
aon Scott, can we go on CACH 2nd break?
Scott-ST Moderator: the markets are right in Range right now
Scott-ST Moderator: we most likly not take CACH on this break out right after lunch
Scott-ST Moderator: I would like to see it pull back some or consolidate and then streach for the HOD
nick2 what about chrd LOD
Kramer12 has entered DayTrading Chat
jakerez has entered DayTrading Chat
Ken-ST Moderator: not at this time nick. we will wait unitl the 1:30 turn
Ken-ST Moderator: it has come a long ways
Ken-ST Moderator: hi kramer, jake
Ken-ST Moderator: thanks for watching out nick
jakerez hey ken!
Ken-ST Moderator: sup bro
nick2 np
Scott-ST Moderator: PGNX looks like it will work if we can get a little bit of a pull back
aon CACH hod 17.03
aon nhod now!!!
Cale you in AON?
aon no bro
aon only open now is EXPE :(
Ken-ST Moderator: ok that was the first break on CACH
Ken-ST Moderator: we can now issue it at a new hod
Ken-ST Moderator: with that nice pullback
Scott-ST Moderator:
Watching for Type B Buy at new high of the day on CACH 17.06
Scott-ST Moderator:
Watching for Type B Buy at new high of the day on CACH 17.06
Scott-ST Moderator:
Watching for Type B Buy at new high of the day on CACH 17.06
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Buy CACH 17.06
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Buy CACH 17.06
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Buy CACH 17.06
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.64
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.64
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.64
tc. has logged out
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.71
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.71
Scott-ST Moderator:
UPDATE: Moving stop on CACH 16.71
Scott-ST Moderator: watching CHRD
Scott-ST Moderator: looking for a pull back
Scott-ST Moderator: markets are right in the daily range
david TNE
aon PGNX is trying to do something...
aon Ken, would you go for FIRE short on lod or too extended?
Scott-ST Moderator: seems thin
Scott-ST Moderator: are there shorts available?
Ken-ST Moderator: brb
aon yes Scott, in IB
david ADSK
Scott-ST Moderator: not sure I would touch fire
aon EXPE got hit big vol
jakerez u know what theyy say about playing with fire
Scott-ST Moderator: ADSK might work just dont like that big red candel at the open
Scott-ST Moderator: lol yep very true jakerez
Cale what, you burn things?
Jen I don't mind waiting for a trade to come in but CACH is killing me
jakerez get burned
Cale hang in there Jen
cormier1 has entered DayTrading Chat
jakerez any pyros' in here?
Scott-ST Moderator: wb cormier
jakerez hi jen!
Jen hi jakerez
david IMCL >39.57 into gap
nick2 chrd looking yummy
cormier1 Thanks, Scott.
david CLWR
cormier1 Did you find any info to add to this newbie's understanding. :)
Scott-ST Moderator: okay gang I will be back and Ken is on his way back. keep your eye on CACH stop
cormier1 OK shout when you get back
Scott-ST Moderator: video would be a good place to start cormier
Scott-ST Moderator: and ask others what books they like
Scott-ST Moderator: brb
cormier1 Hey All
aon CHRD
cormier1 Any specific books recommended for Technical analysis? Weblinks?
Jen IQ charts 101 tab shows an example of every kind of setup
Jen IQCharts.com
david look at IMCL
cormier1 OK Jen. Thanks
aon duke u got it?
aon duuukkkeeee
frank wow dndn is positive again
TraderJQ aon do you have that Trader link for cormier?
cormier1 Trader JQ. Trader link?
Jen ok, gotta run, see ya all tomorrow
Jen has logged out
Ken-ST Moderator: back
david grow DOWN
cormier1 Hey Ken.
cormier1 I had asked Scott about books, weblinks he would recommend in addition to the video to help understand technical analysis.
Ken-ST Moderator: cormier, the first Tech. Analysis book i read was : Technical Analysis of Stock Trends by Edwards/Mcgee
cormier1 OK. got it.
cormier1 any other suggestions.
Ken-ST Moderator: lol, jake did you aks if there were any Pyros in the house?
TraderJQ Cormier:
cormier1 Go ahead TJQ
jakerez ya...lol
Ken-ST Moderator: lol, thats a first
jakerez cuz someone wanted to touch "FIRE" stock
TraderJQ cormier: Japansese Candlestick Charting Techniques by Steve Nison
Ken-ST Moderator: yup thats a good one
Ken-ST Moderator: Also Candlestick Making by Martha Stewart is awesome
jakerez Also, cale likes to burn things I think!
TraderJQ and Beyond candlesticks by Stve Nison
Ken-ST Moderator: jake i think you got cales words mixed up.
Ken-ST Moderator: He said he likes to expose himself, not explode himself
jakerez Candlesticks are best used durin the Hunnucah season
aon hey, did anyone notice IMCL?
TraderJQ LMAO kenBO
Ken-ST Moderator: lol jake.
Ken-ST Moderator: Candlesticks are great. Best used wiht another indicator
Ken-ST Moderator: it is not as reliable in itself imo
Ken-ST Moderator: I use with Moving Averages.....and the rock
Ken-ST Moderator: they
TraderJQ party on!!!
cormier1 go ahead Ken
aon Ken CACH still bullish?
aon friggin URI is going all the way back up
vu EXPE slipping away
aon cmon CACH
aon a bit CA CHING here won't hurt
nisha aon, you're such a comic
aon u'll pay for it soon
Ken-ST Moderator: i still like it aon
aon it's gonna be an extra to the basic package
Duke a real don IMUS
aon did any of you guys saw IMCL today?
aon bad news and it fell hard
jakerez go cach go...almost even...woohoo
jakerez doooh
aon ca ca ca ca CACHing
aon bless you
aon :)
Bert has entered DayTrading Chat
aon funny, who is first on lvl2 with 17.10 ask?
aon CANT
aon lol
nick2 just curious ken, why no CHRD alert?
aon CHRD stinks
jakerez no thats turd that stinx
aon well CANT can't disturb us anymore
aon lol
aon who is CANT? anyone knows?
Duke EXPE is stuck
aon i wish it was stuck
aon it is down .20 :(
Duke stuck at 24.02 or highter
Ken-ST Moderator: any questions gang?
Ken-ST Moderator: this market is stuck in a range
Mike22 aon; not sure. Cantor Fitzgerald do mkt making?
aon Ken, was ERIC a play (B) ?
aon dunno mike
Amlo Ken, what's your take on EXPE, should we get out ?
aon there goes stinky CHRD
Ken-ST Moderator: it is still above the recent intraday support area near 23.70 area
Ken-ST Moderator: the market would need to rally
Ken-ST Moderator: it is oversold right now (expe).
Ken-ST Moderator: If you have stayed in this long, I would continue to stick to the stop
Amlo ok, thanks
Ken-ST Moderator: imo
aon Ken, was ERIC a play (B)?
Ken-ST Moderator: not initally
Ken-ST Moderator: i would not play it
Ken-ST Moderator: it doesnt have enough volatiliyt on the daily chart
aon coz it gapped into the range?
Ken-ST Moderator: yeah initially
aon just trying to learn
Ken-ST Moderator: but then it excceded it, but i still would have stayed clear because of the lack or range it usually does
cormier1 aon
Mike222 has entered DayTrading Chat
Ken-ST Moderator: wb
david BCE
Mike22 has logged out
Ken-ST Moderator: Big green candle at the open would concern me about a short play . I would definitely wait for an inital break then a consolidation
Ken-ST Moderator: hold on, did someone shoot CACH. is it moving?
Kramer12 has logged out
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on CACH 16.99
Ken-ST Moderator:
UPDATE: Moving stop on CACH 16.99
Ken-ST Moderator:
UPDATE: Moving stop on CACH 16.99
frank has logged out
Scott-ST Moderator: back
cormier1 has left the room
Scott-ST Moderator: oh sure, leave cormier, just as I get here
jakerez go Redsox
aon oh man
aon i haven't seen ADLR today
Scott-ST Moderator: what stock is that jakerez?
aon oooooo weeeeeeee
jakerez MLB
aon it's below now so went under my radar
aon below 5 *
Ken-ST Moderator: gang, CACH is extended, along with the market
Ken-ST Moderator: not much time left in the day
Ken-ST Moderator: we have a tight stop, but I will move this to breakeven
Scott-ST Moderator: hummm MLB is the SP ML JD Euro STOXX
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop to entry CACH
Ken-ST Moderator:
UPDATE: Moving stop to entry CACH
Ken-ST Moderator:
UPDATE: Moving stop to entry CACH
Ken-ST Moderator: Note the action on CHRD
Ken-ST Moderator: it pays to stay clear of hte first break when approaching from a long ways away
david do you think it is good to do the opposite,for example get long when the stock first time to the low of the day?
theking has entered DayTrading Chat
Scott-ST Moderator: no david because more times then not it will work out
Ken-ST Moderator: no david
Scott-ST Moderator: no since in taking that risk
Scott-ST Moderator: just have to weigh the risk to the reward
david i see
Ken-ST Moderator: by waiting for the first break, you are avoiding any false bereakout. Also by waiting for the consoliattion, you are able to set a tighter stop
david this market is prety sophisticated
frank has entered DayTrading Chat
aon nice cach nice...
Ken-ST Moderator: wb frank
jakerez cheap bstrds offering 17.11 on 17.15...lol
Scott-ST Moderator: lol
david i want to find more rules like this rule of take position on the second break,it is very interesting.is enyone here have more rules? tell us yours secrets
aon trimming 1/3 CACH here
aon this bastid is playing too much
Scott-ST Moderator: our secrets are all in our video david
aon oh man, what a luck out 1/3 at .14
vu which video
Scott-ST Moderator: all the videos
aon PGNX!!!
aon is this 1st break?
david maybe i would buy it interesting
Cale David, I use the videos all the time to refresh
Cale sometimes I forget and fall out of line
aon hello? anyone? calebo?
aon PGNX?
jakerez burn me a copy cale...lol....jk scott
david nice to know
Scott-ST Moderator: hummmmm [img id=em-11]
jakerez lol
Scott-ST Moderator: aon PGNX we missed the 2nd break
Scott-ST Moderator: dont want to chase it now
aon missed two
aon gggrrrrr
Scott-ST Moderator:
takes all jakerez toys away
david it is my dream to find the one big rule and put him on auotomate trading...
Scott-ST Moderator: the 1st breakout was during lunch
aon [img id=em-11]
aon i'm j/k [img id=em-0]
TraderJQ OK... Tradesmen I'am out!!!
Scott-ST Moderator: take care JQ
Scott-ST Moderator: have a good evening
TraderJQ Laters Bro's
TraderJQ has logged out
aon l8er Traderbro
aon man, whatup with AMAT today?
Scott-ST Moderator: moce rim i[
Scott-ST Moderator: nice run up
Scott-ST Moderator: brb
jakerez has logged out
david HNWK
Ken-ST Moderator: whats that david?
david sorry NHWK
aon FIRE on the cliff
aon just a little push
aon c'mon EXPE, bring it on
Lippy Tomorrow Gang Take care
Lippy has left the room
aon upping stop EXPE to lod
Ken-ST Moderator: gj
aon jeeez mkt is squeezing and cach stuck
Ken-ST Moderator: last hour gang
nm has entered DayTrading Chat
Ken-ST Moderator: be tight with your trades
Ken-ST Moderator: EXPE use rallies to lighten up
Ken-ST Moderator: its good thing no one actuallly sold at 23.82 area.
Ken-ST Moderator Update!
aon stopped out CACH 17.06
aon damnit
Ken-ST Moderator:
STOPPED Consider exit in CACH Breakeven
Ken-ST Moderator:
STOPPED Consider exit in CACH Breakeven
Ken-ST Moderator:
STOPPED Consider exit in CACH Breakeven
aon that was dirty
Mike222 total scam ! .06
aon ADLR near lod to the crazy oneshere
Ken-ST Moderator: gang, use recent move up in EXPE to lighten up position. We are lsat hour
Ken-ST Moderator: I would be playing it that way to be conservativ
aon i did Ken
aon thx
Ken-ST Moderator: cool aon
Ken-ST Moderator: gj
aon missed GTI, was a nice b/o play today
Scott-ST Moderator: CANCEL ALL ALERTS UNTIL TOMORROW MORNING
Ken-ST Moderator: ok gang,
Ken-ST Moderator: heading out here
Ken-ST Moderator: have a handsome day
Scott-ST Moderator: take care Ken
Ken-ST Moderator: see you all tomorrow
Ken-ST Moderator: takecare
Ken-ST Moderator: ty you too scott
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
aon SDXC perking up
kami has logged out
Scott-ST Moderator: Just as a reminder we will not hold any position overnight, if our current/open positions do not hit target or stop out we will book the closing price.
Scott-ST Moderator: Any Questions?