My next play of the day was in JPM which I found on my daily scan because of it’s prior day’s breakdown at Major Support. My entry was below a 5 minute base which I took the breakdown with my stop over the top of the base. My only regret is that lately I’ve stop shorting stocks that are not trading below the prior day’s close. Once I could determine that price was not dropping with the market, I decided to exit on a strong flurry down with a very small gain. Here is the chart on my play in JPM…
Subscribe
Subscribe to get updates!
-
By TraderHank
TraderHank’s Methods
Recent Comments
- LearningTrader on Day Trading Zones 360 Mastery
- LearningTrader on Day Trading Zones 360 Mastery
- TraderHank on Day Trading Zones 360 Mastery
- LearningTrader on Day Trading Zones 360 Mastery
- Zeek on About TraderHank
TraderHank’s History
Blogroll
- Alpha Wave trader Price action and Fibonacci trading
- Day Trading Zones Options trading using time decay and directionals
- Dough.com Learn to trade options Options Trading Platform made easy
- Interactive Brokers Preferred Broker
- Las Vegas Day Traders Meetup Monthly Meetup for the Las Vegas Valley area
- Oanda Recommended Forex Broker
- Pristine Trading Trading Education
- ProAct Traders Forex Trading methodology with proprietary charting software
- Revolutionary Trading Ron Wagner’s site, former Pristine vice president…
- Tasty Trade Network Learn Options Trading Free!
- Tasty Works Brokerage Lowest Options Commissions
- Tom Willard – Pristine Trained Trader Has a great course on Technical Analysis here
- Top Step Trader Prove that you can trade and get funded
- TraderHank's YouTube Channel Trading Videos
- Trading on Target Trader Psychology
- Trading Schools.org Trading School Reviews
TraderHank’s most used Tags
- 5 minute buy
- 5 minute Sell
- 15 minute buy
- 15 minute sell
- AAPL
- ALL
- AUDUSD
- Breakout
- consolidation
- COST
- EBAY
- ES
- failed pattern
- FB
- FSLR
- Gap play
- GILD
- HD
- Hourly sell
- JPM
- MET
- MS
- MSFT
- Options
- PEP
- Price Action
- PSS
- Pull Back
- QQQ
- SBUX
- short
- Short play
- Sideways
- SPY
- STI
- T
- TEVA
- TGT
- Tier II
- Tier III
- Trade Management
- UAL
- update
- uptrend
- WMT
StockTwits Updates
