Ken-ST Moderator: gm all
anatta has entered DayTrading Chat
Ken-ST Moderator: gm anatta
Ken-ST Moderator: another day another new high in the markets
anatta gm!
Ken-ST Moderator: hope you all had a great weekend
JP ATHR?
Ken-ST Moderator: Nice ty JP
mac has entered DayTrading Chat
Ken-ST Moderator: gm mac
mac has logged out
mac has entered DayTrading Chat
mac gm
mac gm
Ken-ST Moderator: gm
nick has entered DayTrading Chat
Ken-ST Moderator: gm nick
nick gm
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Ken-ST Moderator: gm canada, amlo
Ken-ST Moderator: besides the stock on the list, I also have the following list on my watch. JOYG, FRPT, REDF, FOXH
JQ has entered DayTrading Chat
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Ken-ST Moderator: gm JQbo, Tony, steve
JQ GM Gang
Tony gm
JQ GM BroBro
Ken-ST Moderator: CMED
steve gm
JQ HOKU
Ken-ST Moderator: Ill keep that up as well
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Ken-ST Moderator: gm cg, sl
Ricky has entered DayTrading Chat
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 down 2 points. The overall market trend is to the upside. Keep your trading conservative gang, its summertime trading.
Ken-ST Moderator: gm Ricky
Ken-ST Moderator: market hit new all time highs last friday
Ken-ST Moderator: ALL TIME HIGHS on the SPX
Ken-ST Moderator: wtf
Ricky gm
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Ken-ST Moderator: gm charlie, mac
CHarlie gm Ken
Ken-ST Moderator: lets get busy gang
Ken-ST Moderator: good trading
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Ken-ST Moderator: Watching for Type B Buy at new high of the day on rimm 229.36
Ken-ST Moderator: Watching for Type B Buy at new high of the day on rimm 229.36
Ken-ST Moderator: Watching for Type B Buy at new high of the day on rimm 229.36
Ken-ST Moderator: Watching for Type B Buy at new high of the day on RIMM 229.36
Ken-ST Moderator: TYPE A Trade (Breakdown). Consider Short TRID 17.79
Ken-ST Moderator: TYPE A Trade (Breakdown). Consider Short TRID 17.79
Ken-ST Moderator: TYPE A Trade (Breakdown). Consider Short TRID 17.79
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ATHR 33.85
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ATHR 33.85
Ken-ST Moderator: Watching for Type B Buy at new high of the day on ATHR 33.85
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy RIMM 229.36
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy RIMM 229.36
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy RIMM 229.36
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRID
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRID
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in TRID
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nm ken, excellent call on TRID.
Ken-ST Moderator: ty nm
Ken-ST Moderator: to be conservatvie, you can scale profits on RIMM as it goes up
Ken-ST Moderator: that will secure some profits and reduce your exposure
Ken-ST Moderator: the stop is still relatively tight with the lod
Ricky LOD stop on RIMM?
Ken-ST Moderator: Watching for Type B Buy at new high of the day on CMED 37.56
Ken-ST Moderator: Watching for Type B Buy at new high of the day on CMED 37.56
Ken-ST Moderator: Watching for Type B Buy at new high of the day on CMED 37.56
Ken-ST Moderator: YES RICKY
Ken-ST Moderator: 227.73
Ken-ST Moderator: UPDATE: Moving stop on RIMM 228.49
Ken-ST Moderator: UPDATE: Moving stop on RIMM 228.49
Ken-ST Moderator: UPDATE: Moving stop on RIMM 228.49
Ken-ST Moderator: UPDATE: Moving stop to entry RIMM
Ken-ST Moderator: UPDATE: Moving stop to entry RIMM
Ken-ST Moderator: UPDATE: Moving stop to entry RIMM
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in RIMM
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in RIMM
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in RIMM
Ricky ty
Ken-ST Moderator: gj ricky
Jen thank you Ken!
Ken-ST Moderator: its summer gang, if you secured profits quit for the day
Ken-ST Moderator: gj jen
Ken-ST Moderator: RIMM new hod
Ken-ST Moderator: CANCEL CMED LONG FOR NOW
Ken-ST Moderator: Watching for Type B Short at new low of the day on CMED 35.90
Ken-ST Moderator: Watching for Type B Short at new low of the day on CMED 35.90
Ken-ST Moderator: Watching for Type B Short at new low of the day on CMED 35.90
JQ brobro SPWR would have worded at HOD What did you not like,just first leg up?
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Ken-ST Moderator: If CMED triggers, I will try and play the tightest stop possible.
Ken-ST Moderator: SPWR did not gap into new highs
Ken-ST Moderator: that was the first break
Ken-ST Moderator: its pulling back now
Ken-ST Moderator: watching for poisslbe playnow
JP BIDU hit new highs a few minutes back
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SPWR 70.46
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SPWR 70.46
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SPWR 70.46
Ken-ST Moderator: Watching for Type B Short at new low of the day on ATHR 33.20
Ken-ST Moderator: Watching for Type B Short at new low of the day on ATHR 33.20
Ken-ST Moderator: Watching for Type B Short at new low of the day on ATHR 33.20
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short CMED 35.90
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short CMED 35.90
Ken-ST Moderator: TYPE B Trade (Gap). Consider Short CMED 35.90
Ken-ST Moderator: UPDATE: Moving stop on CMED 36.41
Ken-ST Moderator: UPDATE: Moving stop on CMED 36.41
Ken-ST Moderator: UPDATE: Moving stop on CMED 36.41
Ken-ST Moderator: Scale some profits on the way down
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Ken-ST Moderator: that is the way to be conservative
Ken-ST Moderator: ATHR is close
Ken-ST Moderator: Intraday Momentum is Sideways to Down
JQ YHOO
Ken-ST Moderator: its approaching this years low area
Ken-ST Moderator: UPDATE: Moving stop on CMED 36.14
Ken-ST Moderator: UPDATE: Moving stop on CMED 36.14
Ken-ST Moderator: UPDATE: Moving stop on CMED 36.14
Ken-ST Moderator: CANCEL ATHR LONG ALERT FOR NOW
JP BIDU HOD?
Ken-ST Moderator: I would like to see a little bit of a pullback
Ken-ST Moderator: to the 5 ema perhaps
Ken-ST Moderator: but setup is there. it is at nice trending area
Ken-ST Moderator: TRID fell off the cliff
Ken-ST Moderator: ok lets do the BIDU
JQ SPWR
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BIDU 215.62
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BIDU 215.62
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BIDU 215.62
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SPWR 70.46
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SPWR 70.46
Ken-ST Moderator: Watching for Type B Buy at new high of the day on SPWR 70.46
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Ken-ST Moderator: HHGP has setup at new lod, but I will wait for consolidation near that area
nm Ken, maybe a watch for short on IMMR
Ken-ST Moderator: not really moving out of a range
nm thx
Ken-ST Moderator: but not much support below either
Ken-ST Moderator: that looks like an avoid stock
Ken-ST Moderator: could be choppers
nm appreciate the direction
Ken-ST Moderator: sure np
JQ GRMN
JQ too extended
Ken-ST Moderator: yeah
Ken-ST Moderator: the ideal buy signal was at 82.84
Ken-ST Moderator: do you see the setup?
Ken-ST Moderator: the initial surge to new highs, then a pullbck
Ken-ST Moderator: a subsequent break of that level produced the ideal buy signal
JQ That would have been Handsome
Ken-ST Moderator: UPDATE: Moving stop to entry CMED
Ken-ST Moderator: UPDATE: Moving stop to entry CMED
Ken-ST Moderator: UPDATE: Moving stop to entry CMED
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CMED
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CMED
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in CMED
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Ken-ST Moderator: SPWR is close
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Ken-ST Moderator: wb
Jen thxs
Ken-ST Moderator: gang, if you have profits for the day, I would suggest quiting and coming back tomorrow
Ken-ST Moderator: summer trading is tough and you have to keep your trading to a minimum
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SPWR
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SPWR
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SPWR
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SPWR 70.46
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SPWR 70.46
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy SPWR 70.46
JP ELON?
Ken-ST Moderator: UPDATE: Moving stop on SPWR 69.49
Ken-ST Moderator: UPDATE: Moving stop on SPWR 69.49
Ken-ST Moderator: UPDATE: Moving stop on SPWR 69.49
Ken-ST Moderator: Would like to see some consolidation near the highs first
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
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
JQ SweeeeeeeeeeeeT!!!!!!!!!!!!!
JQ GJ BroBro!!!
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
Ken-ST Moderator: nice JQ, gj
JQ I will see
JQ After lunch gang
Ken-ST Moderator: call it a day if you have profits
Ken-ST Moderator: the first hour is the most opportunistic
Ken-ST Moderator: and you should be trading just those that time frame during the summer
Ken-ST Moderator: any questions/comments?
anatta thanks Ken
Ken-ST Moderator: cool anatta
Ken-ST Moderator: Intraday Momentum is Sideways to Up
Ken-ST Moderator: I really think the market willl not see signinifcant pullbacks for a long time
Ken-ST Moderator: we are on a breakout
Ken-ST Moderator: whether it is manipulated or not
Ken-ST Moderator: it makes no sense to me, but it is what it is.
Ken-ST Moderator: I will not issue any more calls until perhaps 1:00 pm
Ken-ST Moderator: even then it will have to be something ridiculously great
Ken-ST Moderator: keep yourselves busy and dont look at the market
Ken-ST Moderator: if you need something to look at there is my picture on the homepage
Ken-ST Moderator: if you have quesitons post them out. I will be in and out until 1:00
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Ken-ST Moderator: wb macias
Ken-ST Moderator: ELON better look in it now
Ken-ST Moderator: any questions/comments?
Tony can you recommend a good book about day trading?
Ken-ST Moderator: I have not read a good one really.
Ken-ST Moderator: The best book is Technical Analysis of Stock trends
Ken-ST Moderator: by Edwards and Magee
Tony ok thx
Ken-ST Moderator: Day Trading books, when I was reading them, didnt give any specific strategies
Ken-ST Moderator: just general principles
Tony i see. u r incredible
Tony seems like u have a crystal ball
Ken-ST Moderator: lol.
Ken-ST Moderator: We just follow the trends
Ken-ST Moderator: its very basic concepts
Ken-ST Moderator: I think the one thing that separates us from others is our breakdown by time of day
Ken-ST Moderator: Time of day is big with me
Ken-ST Moderator: knowing when to trade and when not to
Ken-ST Moderator: it afffects how you play your stops
Ken-ST Moderator: different trends develop at different times of the day.
Ken-ST Moderator: adjust your trading to fit those trends
Tony i see
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Ken-ST Moderator: gm mike
Tony thank you limey
Tony much appreciated
Ken-ST Moderator: feel free to post out your questioins. I will be right back
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nm IMMR got out of choppy area and plunged....I am watching
Mike22 nm, are you looking to short at lod w/ IMMR?
nm sorry Mike...I walked away...I did look for a short and it worked. My apologies for not getting back with you earlier.
limey By the way KEN the CRDN long did trigger
Mike22 no problem. may get another short opp. @ lod later in day
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Ken-ST Moderator: SOrry about that I will post it out
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy CRDN 82.26
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy CRDN 82.26
Ken-ST Moderator: TYPE A Trade (Breakout). Consider Buy CRDN 82.26
Ken-ST Moderator: 5 min EMA still up on the market
Ken-ST Moderator: any questions?
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Ken-ST Moderator: wb sl
Ken-ST Moderator: market in a range
Ken-ST Moderator: nothing really close
nick nvda?
Ken-ST Moderator: nice setup
Ken-ST Moderator: i will stay clear for now
Ken-ST Moderator: i will only issue something if its ideal
Ken-ST Moderator: the market is not ideal right now
Ken-ST Moderator: its summer trading mode
Ken-ST Moderator: market pulling back a little
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Ken-ST Moderator: wb
Ken-ST Moderator: market pulling back
Mike22 Ken, is futures room still up?
Ken-ST Moderator: i have guys in there but i am curently not doing the auto trading right now
Ken-ST Moderator: taking a break
Mike22 tks Ken. beginning to get more educated about e-minis and their trading features.
Ken-ST Moderator: cool
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co_canadian Ken - what do you have for entry on ATHR. Thank you.
Ken-ST Moderator: 33.85 but will not issue at this point
Ken-ST Moderator: Intraday Momentum is Sideways to Down
co_canadian Thank you just trying to get an idea to learn...
Ken-ST Moderator: sure no prob
Ken-ST Moderator: but its summer and its the late session. I will only issue if its absolutely ideal
Ken-ST Moderator: market new lod
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Ken-ST Moderator: market new lod
limey has logged out
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Ken-ST Moderator: any questions/comments?
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Ken-ST Moderator: wb mac
mac thanks
Ken-ST Moderator: gang, I will not issue any more alerts today
Ken-ST Moderator: i dont see anything close
Ken-ST Moderator: and the market has pulled back into the recent range
Mike22 have a good night Ken, s/y tommorrow.
Ken-ST Moderator: ok Mike see you tomorrow
Ken-ST Moderator: have a good one