Category Archives: Uncategorized

Great Traders know what to do and when to do it…

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  And they do it!  Friday’s price action came to me as no surprise as I watched the ES sell off for the first 30 minutes, hit mS at 10 am reversal time and rally.  I should have been all … Continue reading

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Weekend update

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  Since it’s the weekend let’s check out our larger time frames in the ES.  The monthly uptrend is still intact, we would have to close below 1785 for the uptrend to end. ES Monthly The weekly closed with a … Continue reading

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New uptrend short lived…

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  No sooner than the market opened, ES started to test the mS area at 1931 with in the first hour of trading this area started to break and it was all over, the shorts came in and they sold … Continue reading

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Gap fade play in MS

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My play of the day came in MS which I found on my gap play list as a Tier III type mortgage gap.  As the market closed its first hourly bar with a red topping tail bar, I figured that … Continue reading

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OMG play in TWTR

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I had one of these homerun plays short in TWTR this morning.  I found TWTR on my gap continuation list from yesterday and honestly the first 25 minutes seemed like an eternity as I found nothing to jump on short … Continue reading

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Market play for the QQQ and TraderHank’s stock picks

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The Q’s broke the 15 minute down trend over lunch on Friday and has put in the first higher low on the 15 minute chart.  For Monday, if we gap up or open and trade up, I’d look to take … Continue reading

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09/21/2013 Add and Reduce, Reversal Times and Homework…

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I have to admit, a few weeks ago I felt like the wheels fell off with my equity trading.  I was attempting to make changes to the way I take my plays attempting to have a major breakthrough, instead I … Continue reading

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QQQ market play for Thursday, September 12th, 2013 and TraderHank’s Stock picks

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The Q’s ended the day just breaking the 5 minute uptrend which does not mean we are in a down trend.  Price closed at 78.07 and is nearing Major support.  The fact that price has retraced this far is a … Continue reading

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TraderHank’s final play of the day in TOL

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Short on shorts today, I found myself doing something that I usually never do and that is adding to my list of stocks during lunch time.  I knew the market was due to come rolling in short, but I only … Continue reading

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QQQ morning update and TraderHank’s touch down play in LLY

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The Q’s opened neutral and immediately set the day’s high of 66.88 then price sold off from there pulling back enough to trigger the first 5 minute sell in the market by 10 am reversal time.  We are still in … Continue reading

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