Category Archives: Gap plays

Malfunction in trade management…

Posted on July 12, 2014 by TraderHank
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I’ve been on a roll since May 4th completing another profitable week of day trading. I have a few trades that I’d like to share and my first was a beautiful mortgage type gap from Thursday in UAL.  I scored … Continue reading →

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Sell in May and go away… Why?

Posted on July 3, 2014 by TraderHank
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Every year I hear this saying, but I’ve come to realize that starting in May through the month of August, Day trading becomes extremely difficult.  Volume drops off during these months especially during lunch and afternoons.  As a newbie trader … Continue reading →

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Two plays from Monday…

Posted on June 6, 2014 by TraderHank
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This week has been a grind as it seems the Summer Doldrums have hit early this year.  I’m up for the week but I’ve only been able to squeeze out about 1/2 risk unit per day.  It seems like its … Continue reading →

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A nice mortgage type gap in RIG from yesterday…

Posted on May 29, 2014 by TraderHank
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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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Easy does it for TraderHank in T

Posted on May 19, 2014 by TraderHank
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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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Gap N Snap play overlooked this morning but made good this afternoon…

Posted on May 8, 2014 by TraderHank
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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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Tier II gap play in COST

Posted on May 8, 2014 by TraderHank
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  My first play of the day came in COST which I found on my gap list as a Tier II gap.  I also had RIG on my list as well but when you looked to the left on the … Continue reading →

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One and done on this FOMC day

Posted on April 30, 2014 by TraderHank
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  FOMC days seem to be showing up on my door step way too fast lately.  These Fed announcements can really screw up the trading day and sometimes the following day as well, similar to a bad hangover.  On FOMC … Continue reading →

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Nice gap play in NOV this morning

Posted on April 28, 2014 by TraderHank
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I found a nice Tier II mortgage type gap play this morning in NOV that I nearly got stopped out on but managed to hang with it to 2 of my lower targets.  NOV opened by gaping under 7 days … Continue reading →

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Tier I gap in XLNX

Posted on April 24, 2014 by TraderHank
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I was a little late setting up my charts this morning but I noticed that XLNX was going to open by gaping down $3 dollars.  My analysis had XLNX as a Tier I gap which is the best possible gap … Continue reading →

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