Author Archives: TraderHank

Short play in EURUSD works out nicely overnight…

Posted on May 2, 2014 by TraderHank
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I’ve had few trades, so far, this year in FOREX, I’m either more cautious or I’ve just not seen my setup.  I believe I’m just not seeing my normal setups that I’m accustom to and with this being an FOMC … Continue reading →

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Revenge play in PAYX

Posted on May 1, 2014 by TraderHank
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  Well, PAYX was not really a revenge play, I guess when I was a newbie I would of wanted revenge after being stopped out on the play.  Now I’m a bit more seasoned and I attempt to replay my … 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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The 60 minute chart is your guiding light…

Posted on April 28, 2014 by TraderHank
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Today’s price action in the market reminded me big time on how important the 60 minute chart is when determining if a lower time frames setup will workout or not.  The first two hourly bars were green but the 3rd … 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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A short from the long list gets the Job done for TraderHank

Posted on April 23, 2014 by TraderHank
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My trade of the day came in HD which happened to be on my long list as a possible gap continuation play.  Price sold off hard for the first 15 minutes of the day making HD look more like one … Continue reading →

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Two nice plays in C and XOM

Posted on April 16, 2014 by TraderHank
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  Yesterday’s play of the day came in C which I found on my Gap continuation list as a beautiful Tier III gap to the upside from Monday.  My entry came as C fell hard into minor support and triggered … Continue reading →

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Gap continuation play in JPM

Posted on April 14, 2014 by TraderHank
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A really slow trading day today for me due to having a very poor list of stocks to trade with.  My play of the day came in JPM which I had on my list as a gap continuation play from … Continue reading →

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What you think is a long could be a short..

Posted on April 12, 2014 by TraderHank
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  I ran out of time this week and I had two plays that I wanted to post.  My first play is from Thursday in TEVA, which was on my long daily list because its daily buy had triggered Wednesday.  I’ve … Continue reading →

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