Monthly Archives: February 2014

Climatic stop out in TGT

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Every trader always wants to show the winners but as Oliver Velez has said on many occasions “show me the losers, because the winners always take care of themselves”.  It is how a trader reacts to the losers that really … Continue reading →

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Homerun game over

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 All three lots go to 40 pip take profit 🙂 home run

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Major support play in AUDUSD

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I have a nice trade setting up in AUDUSD long from the .8940 area of Major support where I have 1 lot in and have added 2 more lots at .8926 and .8911.  If all 3 lots hit their targets … Continue reading →

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WMT had TraderHank over a barrel this morning…

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  The Pristine method teaches that there are 4 stages to the market, stage 1 is flat, stage 2 is an uptrend, stage 3 is wide and whippy, and stage 4 is a down trend.  In between these stages we … Continue reading →

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TraderHank loves PCAR

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Today was one of those day’s that everything went right with my trading, when this happens you feel invincible.  My trade in PCAR got the day off right as I found the stock while doing my 9:45 am wide range … Continue reading →

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HD short paid the bills for TraderHank

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My play of the day came in HD that I found on my 9:45 am wide range bar scan.  Usually I don’t like these bars to have tails but on wide range red bars I’ve noticed that a topping tail … Continue reading →

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TraderHank goes 2 for 2 with his 5 minute buy in INTU

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My 2nd play of the day was in INTU which I found while doing my 9:45 am wide range bar scan.  Not a perfect 9:45 bar because the first bar did not close solid, but I still put it on … Continue reading →

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Tier II gap play in KO works well for TraderHank

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I had two really nice plays this morning, the first was in KO which I found as a bearish gap down before the market opened.  I rated the gap as a Tier II but it probably is a Tier I … Continue reading →

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A classic 15 minute buy taken in PCAR makes for a great Valentines gift for TraderHank

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  Friday I had a beautiful trade in PCAR that I found while doing my usual 9:45 am wide range bar scan.  PCAR had just ignited upward and never looked back until lunch time.  At 11:15 reversal time, PCAR triggered … Continue reading →

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Beautiful Shock Gap this morning in INTU

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I found INTU this morning while scanning for gaping stocks 15 minutes prior to the open.  In pre-market, the gap had not taken out the entire green bar from yesterday, but it still was a nice gap down surprise and … Continue reading →

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