Monthly Archives: May 2014

Pristine is all you need!

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  I’m still attempting to catch up from my week in trading, but first I’m dumb founded on how many traders, educators, etc. still follow the news on the stock that they are trading.  Why make your life hard, when … Continue reading →

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A nice mortgage type gap in RIG from yesterday…

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With a short week, I’ve not been able to share any of my plays from this week so far.  Not a lot of action as the market has just been grinding up without a pull back which makes day trading … Continue reading →

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A Pete Rose day for TraderHank

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Today’s trading kind of reminded me of one of my old time favorite baseball players Pete Rose.  Today was nothing but small base hits, I had to steal a few bases and finally with my play in WMT short, I … Continue reading →

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Head fake over lunch leads to two great plays for TraderHank

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As the market broke out over lunch time and then rolled over hard I was able to find a great short setup in JPM.  Price action in JPM took off like a rocket into lunch time breaking yesterday’s high but … Continue reading →

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Easy does it for TraderHank in T

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  Typical Monday around here lately, nice and boring but I did happen to find a play in T which I found on my gap down list.  I scored the gap as a Tier II gap, it could have been … Continue reading →

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Stop out in CSCO and a simple reason why…

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I’ve got to admit that I’ve been hot lately and not had a losing day in weeks but today I ended the day down about 1/2 of a risk unit.  Which means if my risk was $100 per trade I’d … Continue reading →

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STI short does the job for TraderHank

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  What a mess the market has been yesterday and today.  I had a scratch day yesterday with two attempted trades that I managed to get out safely due to “no follow through” NFT.  Today price action looks about the … Continue reading →

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The flip off method and don’t be so obvious methods used in shorting PEP

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The market gaped into resistance at the open making it very hard to trade long and everything I had on my list today, had little room to move higher, so I found myself just setting on my hands until I … Continue reading →

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Short play in LLY caps a nice profitable week for TraderHank

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Tricky Friday with the market testing the lows from yesterday and attempting to rally then rolling over again.  Hard to figure out which way were going which lead to my scratch short trade in XOM that finally went to its … Continue reading →

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Gap N Snap play overlooked this morning but made good this afternoon…

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My other play of the day came in LVS which was on my down gap list this morning 15 minutes prior to the markets open.  I had it as a Tier III gap down but upon looking at the play … Continue reading →

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