Category Archives: Market Trade

It’s so Pristine…

Share Button

  In this business you have to really trust your method and at times you are going to doubt your method and that is normal.  Lucky that I’m in complete bliss with the Pristine method.  Here is the chart of … Continue reading

Posted in Market Trade | Tagged | Comments Off on It’s so Pristine…

Stop and Reverse leads to a big 10 point play

Share Button

  As the market finally moved up out of the 1947 area as 11:15 am reversal time was nearing I felt it was safe to take the first 5 minute buy @ the r20ma only to watch it fail.  I … Continue reading

Posted in Market Trade | Tagged | Comments Off on Stop and Reverse leads to a big 10 point play

follow thy rules!

Share Button

  After several small losing trades today, I finally entered long in the ES this afternoon as lunch time was ending.  Beautiful PBS on the 1 minute chart which broke out to new highs.  Price then retraced back down to … Continue reading

Posted in Market Trade | Tagged | Comments Off on follow thy rules!

Nice short play in SPY but a little rusty on the management…

Share Button

  I did not get the first drop in the SPY this morning but I was going to be all over the next setup which triggered just after the 11:15 am reversal time.  I had the trigger that I took … Continue reading

Posted in Market Trade | Tagged , | Comments Off on Nice short play in SPY but a little rusty on the management…

This morning I found the QQQ not shortable…

Share Button

  I had the perfect short entry in the Q’s this Friday morning on a day that I thought I’d be lucky to find a trade due to my small list.  The QQQ had gap down ending the 5 minute … Continue reading

Posted in Market Trade | Tagged , | Comments Off on This morning I found the QQQ not shortable…

The Q’s finally roll over and play dead!

Share Button

Unlike my previous post, I got this trade right. Nice topping tail bar COG forming… Looking good so far… After my short play took off, I started to manage bar by bar on the 2 minute chart deciding to cover … Continue reading

Posted in Market Trade | Tagged , , | Comments Off on The Q’s finally roll over and play dead!

QQQ continuation…

Share Button

Well after yesterday’s late afternoon breakdown in the QQQ over the last hour of trading, I felt that we should get some follow through to the downside, the only question was how far would the Q’s drop. The QQQ sold … Continue reading

Posted in Market Trade | Tagged | Comments Off on QQQ continuation…

15 minute PSS

Share Button

My play of the day came in the QQQ on a 15 minute sell setup that triggered over lunch. I had expected this sell off yesterday afternoon and had found myself short into yesterday’s close holding a small loss on … Continue reading

Posted in Market Trade | Tagged , | Comments Off on 15 minute PSS

Q’s fell hard

Share Button

The market gapped up today and looked bullish at first but when the first 5 minute buy failed, I took the market short @ 103.71.  After price thrashed around a bit, price finally started to head lower and soon price … Continue reading

Posted in Market Trade | Tagged , | Comments Off on Q’s fell hard

Gap down in the QQQ made for a great 5 minute short!

Share Button

I did not expect much from this 2nd to the last day of 2014 in the market but the QQQ opened the day gapping well below the last prior pivot low of 104.87 to open the day @ 104.73 where … Continue reading

Posted in Market Trade | Tagged , | 6 Comments