Category Archives: Daily plays

MACD Crossover on the SPY Daily

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              My timing was a bit off when I sold my 247/248 Call Credit spread 2 weeks ago.  I have not defended the position yet because of the MACD crossover occurring which is signalling … Continue reading

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The best laid plans are sometimes thwarted…

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It’s been awhile since I went over a losing trade so I thought that my play in MSFT today might help out a few fellow traders. This setup in MSFT today is my bread and butter, I look for the … Continue reading

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FSLR almost got the Job done…

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I had a scratch day on Friday with a small loser in NKE and my small winner in FSLR. The Daily chart was “ok” looking but what got FSLR on my list was the 60 minute chart which looked as … Continue reading

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Hourly buy in EBAY

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Another grueling day of trading but finally EBAY setup and followed through on its hourly buy. I was really not that much excited about a long play since the market is now up for 5 days in a row, but … Continue reading

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Early stop in AAPL but MET more than made up for the loss…

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  I started my day out short in the 5 minute low on AAPL after price action put in a bear 180 on the 5 minute chart.  This action was short lived as the market just rocked upward breaking the … Continue reading

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Gap up in MET makes for a great short play…

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I’ve been hot as of late and here is another great play in MET.  I had MET on my daily list and price had gapped up at the open.  Usually at the end of the year I attempt to tweak … Continue reading

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ALL finally got the job done!

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I was upset with myself early for choosing ALL over MOS, MOS had the better looking chart but I became impatient as ALL setup first.  As my trade in ALL went sideways, MOS went 3 “Risk” units rather easily, I … Continue reading

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Another OMG play in FSLR

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At the open today everything on my list was at least 3-5 bars down already on the hourly chart.  My method say’s I need a pull back before I can get short.  Well I knew from the start that I … Continue reading

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Quick play in NTAP

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  Sometimes a play just leaps at you and that was the case this Monday morning in NTAP.  The Daily chart just screams of breakout and I even brought this up with friends during Sunday night dinner.  So when price … Continue reading

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WAG breakout continued on Friday

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I was able to capture a nice move on WAG on Friday.  On Thursday WAG had closed with a first higher low after a gap down over two weeks ago.  WAG finished Thursday with a nice wide range green bar … Continue reading

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