Author Archives: TraderHank

Market play in the QQQ for Thursday, October 10th, 2013 and TraderHank’s stock picks

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 The Q’s sold off hard again today setting a low on our 3 day hard sell off @ 76.35 before rebounding to close @ 76.96.  The downtrend ended on the 5 minute chart but not the 15 nor the 60 … Continue reading

Posted in TraderHank's Stock Picks | Comments Off on Market play in the QQQ for Thursday, October 10th, 2013 and TraderHank’s stock picks

Market afternoon update and TraderHank’s play in the QQQ

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The Q’s opened neutral this morning @ 77.42 then proceeded to sell off into 9:50 reversal time.  Price rallied 10 minutes then rolled back over triggering my first pivot entry short in the Q’s.  Price continued lower until 10:15 then … Continue reading

Posted in Market Trade | Comments Off on Market afternoon update and TraderHank’s play in the QQQ

QQQ market play for Wednesday, October 9th, 2013 and TraderHank’s stock picks…

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Today’s hard sell off in the market ended the Daily uptrend in the QQQ.  Now for you long term investors, this does not mean were in a down tend, we could go sideways. One thing is for sure, we are … Continue reading

Posted in TraderHank's Stock Picks | Comments Off on QQQ market play for Wednesday, October 9th, 2013 and TraderHank’s stock picks…

QQQ afternoon update and TraderHank’s play in WMT

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The Q’s opened pretty neutral this morning @ 78.75 and immediately set the high of the day within the first 15 minutes of trading @ 78.81.  Then the 5 minute low was taken out and a pivot low was set … Continue reading

Posted in 30 minute wide range bar play | Comments Off on QQQ afternoon update and TraderHank’s play in WMT

Market play in the QQQ for Tuesday, October 8th, 2013 and TraderHank’s stock picks

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After a huge gap down in the QQQ this morning and a hard rally back up near the top of the last pivot high, the Q’s plummeted in late day trading to finish the day at almost where price started … Continue reading

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QQQ closing update and TraderHank’s scalp trade in TOL

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The Q’s opened with a huge gap down today @ 78.72 and immediately set the low of the day @ 78.67 in an area of major support.  Price then rallied hard into 10:30 am reversal time and set the high … Continue reading

Posted in A gap that "Bullies" | Comments Off on QQQ closing update and TraderHank’s scalp trade in TOL

10/06/2013 Before making a trade, is the market environment good enough for you to catch up if you take a loss?

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On Friday Robert Shapiro, head moderator of Affinity’s Online Trading Room (OTR), made a comment that I thought was something to think about when you find yourself with a short stock list for trading and you might be down a … Continue reading

Posted in Diary | Comments Off on 10/06/2013 Before making a trade, is the market environment good enough for you to catch up if you take a loss?

Market play in the QQQ for Monday, October 7th, 2013 and TraderHank’s stock picks

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After the huge sell off into 12 noon on Friday in the QQQ, prices did recover and currently we find the Q’s in a 15 minute uptrend just shy of the pivot high @ 79.76, the Q’s closed @ 79.41. … Continue reading

Posted in TraderHank's Stock Picks | Comments Off on Market play in the QQQ for Monday, October 7th, 2013 and TraderHank’s stock picks

QQQ afternoon closing update and TraderHank’s play of the day in the Market

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The Q’s opened up neutral @ 78.72 and immediately set the low of the day @ 78.65 and based for the first 15 minutes before breaking out to the upside.  The Q’s did a two bar pull back and triggered … Continue reading

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QQQ market play for Friday, October 4th, 2013 and TraderHank’s stock picks

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After a huge sell off in the QQQ this morning, the Q’s retraced to about the 40% Fib level before triggering an hourly sell with a 2 bar pull back.  The 15 minute sell triggered just before but price could … Continue reading

Posted in TraderHank's Stock Picks | Comments Off on QQQ market play for Friday, October 4th, 2013 and TraderHank’s stock picks