Ken-ST Moderator Update!
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: Uptrend with 20 EMA above the 50 EMA
Futures are up 2 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 trading right at countertrend highs and 10 points from year highs. Today is a Friday and noted as a good trending day. Keep trading on the conservative side.
Ken-ST Moderator: ty emilio
bobby gm guys
Scott-ST Moderator: gm bobby
Ken-ST Moderator: Good Trading Gang!!!!
Scott-ST Moderator: PARTY TIME
Ken-ST Moderator: Just the morning session today gang
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on JSDA 26.79
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on JSDA 26.79
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on JSDA 26.79
Cale SPAR, nice run
nm has entered DayTrading Chat
Ken-ST Moderator: GM NM
nm gm ken
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy JSDA 26.79
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy JSDA 26.79
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy JSDA 26.79
dp has logged out
dp has entered DayTrading Chat
Scott-ST Moderator: wb dp
aon out half 27
double "GG" gm jb-bro-bo
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on SPWR 52.03
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on SPWR 52.03
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on SPWR 52.03
Jen PAYX CLOSE
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on INFY 56.17
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on INFY 56.17
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on INFY 56.17
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in JSDA
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in JSDA
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in JSDA
JQ $$$$$$$$$$$ TY
Ken-ST Moderator: GJ BO
Lippy Thanks K/S
aon out rest 27.30
aon ty guys :)
Scott-ST Moderator: FCSX too large of a spread to take the HOD right now
Ken-ST Moderator: NICE GJ
aon why FCSX?
aon good spread...
Jen PAYX
Scott-ST Moderator:
TYPE A Trade (Breakdown). Consider Short PAYX 36.73
Scott-ST Moderator:
TYPE A Trade (Breakdown). Consider Short PAYX 36.73
Scott-ST Moderator:
TYPE A Trade (Breakdown). Consider Short PAYX 36.73
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on TNS 12.89
Ken-ST Moderator:
Watching for Type B Short at new low of the day on TNS 12.89
Ken-ST Moderator:
Watching for Type B Short at new low of the day on TNS 12.89
Duke has logged out
Scott-ST Moderator: JSDA new HOD again
Cale nice, am still in!!!
Cale my sell stop didnt trigger for some reason
Ken-ST Moderator: TNS close
Cale and who said Friday the 13th was unlucky!!!!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short TNS 12.89
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short TNS 12.89
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short TNS 12.89
JQ Calebo you will be drinking JSDA ALL wkend
Cale lol
Cale oh so true
Cale want me to fly you here and you can drink some also!!!
Ken-ST Moderator: we will hold off on SMTL for now
JQ GM LIZbo!!!!
Ken-ST Moderator: GM LIZ!!!!!
Cale and we dont have any snow either
Cale the best friday the 13th ever
aon SMTL?
Scott-ST Moderator: Big green candle at the open
aon oh didn't see comment
jakerez has entered DayTrading Chat
Scott-ST Moderator: gm Jakerez
aon DYAX omg
jakerez hello
JQ Dingdong"s for everybody?
Ken-ST Moderator: gm make
Ken-ST Moderator: jake
Cale LOL
david MRK
Cale I wll email them to everyone!!!
jakerez whtas up ken
jakerez *whats
Ken-ST Moderator: keep trading to conservative side gang
Jen MRK HOD?
Ken-ST Moderator: Its valid
Ken-ST Moderator: but I think we will stay clear.
aon JSDA..... cale brobro u nailing it still?
Ken-ST Moderator: it looks like its in a range
Ken-ST Moderator: also because its a listed stock
Cale stop is at 27.06
johnboy nice job Cale
Cale ty ty
aon SMTL was a miss
JQ Take the money and RUN!!!
aon INFY diving
double "GG" short infy "LA"?
Ken-ST Moderator: waiting for first break on SMTL
Jen my systems show different HOD for MRK, .66 and .75, what do you have?
Ken-ST Moderator: now waiting for pullback/consoldiaton
aon anyone playing DYAX?
JQ .66
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SMTL 10.89
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SMTL 10.89
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SMTL 10.89
Ken-ST Moderator Update!
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on INFY 54.54
Ken-ST Moderator:
Watching for Type B Short at new low of the day on INFY 54.54
Ken-ST Moderator:
Watching for Type B Short at new low of the day on INFY 54.54
Ken-ST Moderator: SPAR was valid, but we stayed clear. Spread/liqutidy is questionable
vu thanks for JDSA
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SPWR 51.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SPWR 51.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SPWR 51.24
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on NTS 13.01
Ken-ST Moderator:
UPDATE: Moving stop on NTS 13.01
Ken-ST Moderator:
UPDATE: Moving stop on NTS 13.01
Ken-ST Moderator:
UPDATE: Moving stop on TNS 13.01
Ken-ST Moderator:
UPDATE: Moving stop on TNS 13.01
Ken-ST Moderator:
UPDATE: Moving stop on TNS 13.01
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SPWR 51.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SPWR 51.24
Ken-ST Moderator:
Watching for Type B Short at new low of the day on SPWR 51.24
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short SPWR 51.24
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short SPWR 51.24
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short SPWR 51.24
olena1 has entered DayTrading Chat
olena has logged out
emilio has logged out
vu you mean TNS stop at 13.01
Scott-ST Moderator: yes vu, thats what the post says
Scott-ST Moderator: right?
vu sorry, i missed the 2nd half
vu yes
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on KOMG 30.87
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on KOMG 30.87
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on KOMG 30.87
Ken-ST Moderator: gang, KOMG back into p/d range. makes trade a little more risky. We will play a tight stop if triggered
cormier1 what is p/d range?
Scott-ST Moderator: the stock was trading in Previous days range
vu SPWR not shortable
cormier1 TY, Scott
aon yes, not in IB
Scott-ST Moderator: OPLK and ENTG getting close
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop to entry SPWR
Ken-ST Moderator:
UPDATE: Moving stop to entry SPWR
Ken-ST Moderator:
UPDATE: Moving stop to entry SPWR
vu did anyone able to short SPWR in DAS?
aon shoulda went with FSLR istead :(
Ken-ST Moderator: a slightly looser stop on SPWR is 51.40 if you want one
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in SPWR
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in SPWR
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in SPWR
aon wtg!
Cale nice job boys!!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short INFY 54.54
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short INFY 54.54
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short INFY 54.54
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Short INFY 54.54
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on INFY 55.14
Ken-ST Moderator:
UPDATE: Moving stop on INFY 55.14
Ken-ST Moderator:
UPDATE: Moving stop on INFY 55.14
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy KOMG 30.87
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy KOMG 30.87
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy KOMG 30.87
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy KOMG 30.87
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on KOMG 30.58
Ken-ST Moderator:
UPDATE: Moving stop on KOMG 30.58
Ken-ST Moderator:
UPDATE: Moving stop on KOMG 30.58
Ken-ST Moderator: gang, may be woth thinking about taking some off on INFY
Ken-ST Moderator: we will play it tight on the strade
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop to entry INFY
Ken-ST Moderator:
UPDATE: Moving stop to entry INFY
Ken-ST Moderator:
UPDATE: Moving stop to entry INFY
Ken-ST Moderator:
UPDATE: Moving stop to entry INFY
Lippy Cale, r u still in JSDA?
Ken-ST Moderator: taking at least some profits off here wil guarantee you a profit on the trade
Cale stopped out at 27.92
aon bring on the PAIN
Ken-ST Moderator: its at a good stop at entry
Ken-ST Moderator: SMTL is close
Lippy Way to go good job Cale
Cale ty ty
Ken-ST Moderator: market new lod
Scott-ST Moderator: and then some
vu very nice cale
cormier1 Market new LOD. Means overall could break support and fall further??
Scott-ST Moderator: could
Ken-ST Moderator: but keep in mind we are still in the p/d range on the market
cormier1 Did I define correctly??
Scott-ST Moderator: never know for sure
Ken-ST Moderator Update!
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on JASO 22.47
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on JASO 22.47
Ken-ST Moderator:
Watching for Type B Buy at new high of the day on JASO 22.47
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy JASO 22.47
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy JASO 22.47
Ken-ST Moderator:
TYPE B Trade (Gap). Consider Buy JASO 22.47
Cale WOW, FAST
Ken-ST Moderator Update!
Ken-ST Moderator:
UPDATE: Moving stop on JASO 21.99
Ken-ST Moderator:
UPDATE: Moving stop on JASO 21.99
Ken-ST Moderator:
UPDATE: Moving stop on JASO 21.99
Ken-ST Moderator Update!
aon weeeeeeeeeeeeeeeeeeeeeeeeeee
aon :) :) :)
Ken-ST Moderator Update!
Ken-ST Moderator:
STOPPED Consider exit in INFY Breakeven
Ken-ST Moderator:
STOPPED Consider exit in INFY Breakeven
Ken-ST Moderator:
STOPPED Consider exit in INFY Breakeven
Ken-ST Moderator:
STOPPED Consider exit in INFY Breakeven
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in JASO
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in JASO
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in JASO
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in JASO
Cale who is my Daddy???
Jen WAHOOOOOOOOOOOOOOOO
Cale very nice Ken
Ken-ST Moderator: woof
Cale thanks so much for making my Friday!!!
Ken-ST Moderator: call it a day cale and go into the weekend
Ken-ST Moderator: SMTL is close
Ken-ST Moderator: but not for you Cale
Cale huh?
JQ You the Dingdong
Cale no more for me?
Cale C'mon, damn it let me play
Cale [img id=em-11]
Cale C'mon
JQ NOpe BROBRO put you on the SIDELINES
Cale Fine I will take my toyes and go home
Cale have a good weekend all
Cale has left the room
Cale see you monday
Ken-ST Moderator: cool cale
Ken-ST Moderator: have a good one
Scott-ST Moderator: Take Care Cale
Ken-ST Moderator: on monday you can tell us what a toye is
Scott-ST Moderator: mmmm bye bye
Lippy lol Ken
Ken-ST Moderator: JASO new hod
JQ My bet is Calebo will log back in as THETRADESMAN
aon SIMO is being killed
aon Ken what wit thiS CBUK?
aon and MDTL
aon CBUK thin
aon no play
aon but MDTL
aon resting a bit now
Scott-ST Moderator: looks like a buy out
aon MDTL on hod?
vu anyone still in JASO?
aon nope
Ken-ST Moderator: may work out but it needs consoldiation
aon MDTL!
aon look
vu i'm still riding JASO
Scott-ST Moderator: nice vu!!
Scott-ST Moderator: keep a tight stop vu, dont let it come back on you
aon wtg vu!!! don't forget to take money off the table
vu yes sir scott
Scott-ST Moderator: lol
JQ Ride Salley Ride
aon MDTL is consolidating now
Scott-ST Moderator: lol JQ
Scott-ST Moderator: markets may have found a bottom
Scott-ST Moderator: back up through the 50 ema on the 5 min chart
aon yep
aon scalped quick gain MDTL
Ken-ST Moderator: gj
aon weeee
aon :)
Scott-ST Moderator: FCSX on a run
aon booom shaka laka boom
aon anyone played with me MDTL ?
Scott-ST Moderator: nice eye aon
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short SMTL 10.89
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short SMTL 10.89
Scott-ST Moderator:
TYPE B Trade (Gap). Consider Short SMTL 10.89
aon dangit
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
aon only very partial
aon :(
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in SMTL
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in SMTL
Ken-ST Moderator:
1% PROFIT HIT. Consider taking some profits in SMTL
aon damn
aon my stp lmt was tight
aon anyone hit?
Scott-ST Moderator: you know Cale did!!!
aon lol
aon NO way
Scott-ST Moderator: [img id=em-5] NO?
aon had a 2000 ordr, filled with 200
aon that's a joke
aon MDTL out way tooooo early
aon grrrr
aon anyone hit SMTL? c'mon guys be honest
david i get nothing smtl
Scott-ST Moderator: everyone did aon, C'MON
aon i had a stp lmt @ 10.90/ 10.87 for 2000 shrs
aon got filled 200 @ 10.88
aon lmao
aon JASO on fire
Jen has logged out
jEN has entered DayTrading Chat
aon what up jEN?
Scott-ST Moderator: WB jEN
jEN has logged out
Jen grrrrrrrrrr has entered DayTrading Chat
vu PC problem Jen?
Jen grrrrrrrrrr no, server I think
Scott-ST Moderator: never, not our servers
Scott-ST Moderator: [img id=em-10]
Jen grrrrrrrrrr uh huh
Scott-ST Moderator: NEVER NEVER I say NEVER[img id=em-3]
Jen grrrrrrrrrr maybe I should change my signon to something happy, grrrrr seems so angry
Scott-ST Moderator: just a bit
vu how about Jenster?
Jen grrrrrrrrrr has logged out
david glbl close
JennyLynn has entered DayTrading Chat
Scott-ST Moderator: LOL
Scott-ST Moderator: lofe that one!!!
JennyLynn that's what my friends call me
Scott-ST Moderator: oh nice
Scott-ST Moderator: my new name for you JennyLynn
JennyLynn okay, just makes me feel young!
Amlo OK I am done Thank you Ken & Scott have a great weekend all
Ken-ST Moderator: gj Amlo
Ken-ST Moderator: gj
Ken-ST Moderator: have a good weekend
mred has entered DayTrading Chat
Amlo has logged out
Scott-ST Moderator: later Amlo
Ken-ST Moderator: gm mred
Ken-ST Moderator: any questions gang
Scott-ST Moderator:
UPDATE: Moving stop on KOMG 30.66
Scott-ST Moderator:
UPDATE: Moving stop on KOMG 30.66
Scott-ST Moderator:
UPDATE: Moving stop on KOMG 30.66
Scott-ST Moderator: Jenny Jenny who ...
Scott-ST Moderator: name that song
JennyLynn hate that song......
Scott-ST Moderator: Tommy Tutone 8675309
Ken-ST Moderator: lol
Scott-ST Moderator: LOL heheheh
jakerez has logged out
Scott-ST Moderator: take care Jake
JennyLynn I may have to go back to grrrrrrrrrrr
vu is there a trigger to say execute at certain time?
Scott-ST Moderator: lol Jenny, I got your number
Scott-ST Moderator: I need to make you mine.
Jenny, don't change your number,
8-6-7-5-3-0-9 (8-6-7-5-3-0-9)
8-6-7-5-3-0-9 (8-6-7-5-3-0-9)
Scott-ST Moderator: LMAO
vu LOL Scott
JennyLynn you're like a big brother pain in the a#$^&#$%^
Scott-ST Moderator:
TYPE A Trade (Breakout). Consider Buy GLBL 20.34
Scott-ST Moderator:
TYPE A Trade (Breakout). Consider Buy GLBL 20.34
Scott-ST Moderator:
TYPE A Trade (Breakout). Consider Buy GLBL 20.34
Scott-ST Moderator:
TYPE A Trade (Breakout). Consider Buy GLBL 20.34
aon MDTL now again?
aon Ken? Scott?
Scott-ST Moderator: sure why not Mr. Over Trader
aon lol
Scott-ST Moderator: [img id=em-10]
aon i made less trades than you guys today :)
Scott-ST Moderator: I am not sure I would make any new trades today
Scott-ST Moderator: lol
JP has logged out
Scott-ST Moderator: take care JP
aon MDTL is an ATM today :)
aon no cards nor PIN is needed
Scott-ST Moderator: looks good AON
Scott-ST Moderator: getting close to the lunch time on Friday
Scott-ST Moderator: trading will drop down to almost nada
vu do you suggest we close our open positions?
Scott-ST Moderator: I would consider scaling out with profits at this point
Scott-ST Moderator: unless your AON trading MDTL
aon nobody look INFY kachinging
Scott-ST Moderator: lol yep dont look ethel
tc has logged out
Scott-ST Moderator:
STOPPED Consider exit in KOMG
Scott-ST Moderator:
STOPPED Consider exit in KOMG
Scott-ST Moderator:
STOPPED Consider exit in KOMG
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS UNTIL MONDAY MORNING, TYPE A'S ARE STILL VALID
cormier1 Scott
cormier1 or Ken
Scott-ST Moderator: cormier
Lippy It's time to go Gang, good w/e to all. Take care
Lippy has left the room
Scott-ST Moderator: tc Lippy
cormier1 I have placed a Range Sell stop on KOMG
cormier1 Stop out at 30.65
cormier1 It reached it but didn't execute.
JQ Great Scott you are a wonderful Moderator
cormier1 Help on why?
aon dukebro JSDA in?
nick has logged out
JQ And A Nice Lady!!!
Scott-ST Moderator: JQ, your a nice lady
mred has logged out
Scott-ST Moderator: saw that comeing JQ
aon duke?
Scott-ST Moderator: cormier, on DAS?
Scott-ST Moderator: your broker has to match a buyer with a seller
cormier1 yes DAS
Scott-ST Moderator: just because the price hit the stop does not mean there were any buyers/sellers at that time
cormier1 So it could go lower before execute
JQ Great Scott ...Gang have Nice Safe wkend
Scott-ST Moderator: you get Queued up at that pprice
Scott-ST Moderator: take care JQ
JQ has logged out
aon wwwooooohhooooo
cormier1 There seems to be resistance at 30.65 or so.
aon just naileD JSDA for a +0.30 move
Scott-ST Moderator: was it a limit order or a market order
aon weeeeeeeeeeeeeeeeee
cormier1 5 minute chart since 10 am is riding up and down
cormier1 It was a range order with Market execution at high or low, whichever came first
cormier1 It just executed at 30.63
Scott-ST Moderator: should have triggered if it was a market order, you may not have gotten filled at that price but it would put the order in and get filled at what ever the market is
Scott-ST Moderator: maybe call DAS and ask them
cormier1 OK
nick has entered DayTrading Chat
Scott-ST Moderator: wb nick
cormier1 I have a couple of questions Ken/Scott
cormier1 Time O.K.?
Scott-ST Moderator: sure
Ken-ST Moderator: Ok gang, I need to run.
Ken-ST Moderator: I will not be here on Monday. Scott will be your lone navigator
Ken-ST Moderator: See you all on Tuesday
cormier1 Bye Ken. Thanks for everything
Ken-ST Moderator: Have a great weekend everyone
Ken-ST Moderator: take care.
cormier1 Have a good WE
Ken-ST Moderator: bye cormier
Ken-ST Moderator: tx you too
Scott-ST Moderator: have a good trip Ken
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
cormier1 OK, Scott, here goes
Scott-ST Moderator: sure...
cormier1 On JSDA this morning
cormier1 It moved into position quickly
cormier1 I have been, in effect, been entering trades by limit through ARCA
cormier1 Doing it by hand, when you guys make the call
double "GG" has logged out
cormier1 But on some of the better opportunities, it moves too fast to grab
cormier1 Should I be entering stop limit orders to buy or short in as soon as you guys make the call
cormier1 instead of waiting to actually click it with the mouse?
cormier1 I.e. a predefined entry?
cormier1 O.K. your turn. :)
Scott-ST Moderator: YES
Scott-ST Moderator: buy the time we issue the alert some times its too late
Scott-ST Moderator: we suggest you place a stop limit order
cormier1 O.K. So I should have put a stop limit to buy in
cormier1 Ok got it.
cormier1 Quest. 2
cormier1 JASO was a fast mover as well.
cormier1 I was "quickdraw" and got that one. :)
cormier1 However
cormier1 Is there a way to determine which trades are likely to be the fast movers?
cormier1 Is there a way in advance
cormier1 I.e. to determine which ones are likely to cruise, like KOMG, versus fly, like JASO
cormier1 O.K. go ahead
Scott-ST Moderator: lol
cormier1 Scott, you there
Scott-ST Moderator: its very hard to pick the fast movers, the volitle stocks
Scott-ST Moderator: can can see on the level II and see how fast trades are moving and at what pirce
Scott-ST Moderator: buts its not easy
Scott-ST Moderator: you can also look at the history as well, but in general NO there is no way to tell in advance
JennyLynn has logged out
Scott-ST Moderator: TNS didnt move much at all today, but who knows, it could just take off for no reason
Scott-ST Moderator: okay JennyLynn have a good weekend
cormier1 I see what you mean
dok28 cormier, I use ADX to determine the strenght of the move
Scott-ST Moderator: thats a good indicator dok
cormier1 and yes, I ootice on the montage window, the level II?, that the trade speed can ramp up quickly
Jen has entered DayTrading Chat
Jen gggrrrrrrrrrrrrrrrr returns
cormier1 dok28, what is ADX
dok28 it's an indicator developed by Welles I think
cormier1 tell me where, how to use, ??
dok28 most software packages have it
cormier1 DAS?
dok28 above 30 is strong trend
Scott-ST Moderator: thanks dok
cormier1 Scott, DOK, does DAS have this?
dok28 DMI is even clearer
cormier1 what's DMI
cormier1 another platform like DAS?
cormier1 Scott, if DAS has it, where do I find it???
dok28 combination od ADX and up and down trend in on indicator
Scott-ST Moderator: i am sure it does cormier, I dont know DAS that well
Scott-ST Moderator: check out the chart indicators
johnboy cormier, right click on your chart, add a new area below, then click on that area, and click add studies
cormier1 dok28, what do you mean
Scott-ST Moderator: JB you use DAS?
johnboy or study config, then select DMI
johnboy yep
dok28 ADX only tells you the the strength of the trend
Scott-ST Moderator: cool, thanks JB
dok28 DMI also shows you UP or DOWN
cormier1 JB, DMI is another indicator like ADX??
johnboy adx is more or less accum/distrib?
johnboy shoot cormier, I don't know
cormier1 Don't shoot me. :)
johnboy I only use price, volume, moving avg. and stochs
Scott-ST Moderator: lol
johnboy sometimes Bollinger bands
cormier1 Scott, DMI is an indicator like ADX??
johnboy but mostly just support and resistance
dok28 DMI+ shows the trend is UP
dok28 DMI- shows trend is DOWN
cormier1 OK. I am going to check it out.
dok28 works better on longer term charts, however, I use it on 5-MIN
Scott-ST Moderator: okay Gaing I would suggest putting PAYX at break even, good stop
cormier1 Thanks dok, scott, jb. I am going to check it out
Scott-ST Moderator: anyonther questions?
cormier1 I love after the high trade hours. Great learning time
cormier1 I really appreciate the advice/info.
Scott-ST Moderator: I am going to get some lunch I will be back in a while,
cormier1 learning a ton
Scott-ST Moderator: watch your stops
cormier1 See you guys later. Have a great weekend.
johnboy man, I just woke up after an unplanned desk nap.....good thing I had no open positions
Scott-ST Moderator: lol JB
johnboy yeesh, better start drinking coffee or something
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Scott-ST Moderator:
UPDATE: Moving stop on TNS 12.92
Scott-ST Moderator:
UPDATE: Moving stop on TNS 12.92
Scott-ST Moderator:
UPDATE: Moving stop on TNS 12.92
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Scott-ST Moderator: BRB
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johnboy have a good weekend everybody, stay hydrated
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bigb damn i havent been in this room in awhile
bigb anyone know what happend to ken today?
bigb he left me all alone in the futures room
bigb hes always going out of town i see
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nick anybody taking jsda hod
Scott-ST Moderator: anyone still around?
mred Do you stop at lunch time on Fridays?
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aon scott
aon ka ching?
aon tns
theking traded JSDA a few times - just got out @.31
aon TNS...
aon wtg king, after all you ARE the king :)
aon FCSX is getting on it again
duke has logged out
vu me
Scott-ST Moderator: at least the spread is much better on FCSX
vu anyone still in TNS GLBL?
aon sorry
aon i didn't take this trade myself
Scott-ST Moderator: stopped out
vu huh, my TNS never got stopped
vu good thing it came back down
Scott-ST Moderator: did you move the stop to 12.92?
vu yes
aon lol vu
vu i had a range order
vu low 12.69 high 12.92
vu never got triggered
Scott-ST Moderator: vu you are right
Scott-ST Moderator: it hit proffit
vu scarry, i just came back from lunch
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in TNS
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in TNS
Scott-ST Moderator:
1% PROFIT HIT. Consider taking some profits in TNS
aon man, FCSX is hot
Scott-ST Moderator: correction on TNS, it did hit profit
Scott-ST Moderator: vu you in GLBL?
vu yes sir scott
Scott-ST Moderator: if anyone is in GLBL I would suggest a breakeven Stop
vu will do
Scott-ST Moderator: same with anyone in PAYX
Scott-ST Moderator: Risk Nothing on this Friday the 13th