Author Archives: TraderHank

12-27-2012

Posted on December 27, 2012 by TraderHank
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Just a reminder, no Forex trading next year from Christmas Eve until after the New Year Holiday.  I knew better not to trade the day after Christmas,  My USDJPY trade just never retraced, ouch!  How dumb of me, one of … Continue reading →

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12/26/2012 Holidays

Posted on December 26, 2012 by TraderHank
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I should have stayed in bed this morning after watching the open.  I traded EBAY short which did finally work out but very whippy, I had to take two shots at it but in no way was I going to … Continue reading →

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TraderHank’s wild trade long in CTSH

Posted on December 22, 2012 by TraderHank
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There are a few plays that will test the abilities of a newer professional trader and my trade in CTSH did just that.  I found CTSH on my daily pivot one list to go longer but price gaped down so … Continue reading →

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TraderHank’s play in Target

Posted on December 22, 2012 by TraderHank
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My next play was a 15 minute sell in TGT which triggered at 11:30 am just before lunch.  I found TGT on my gap continuation list from yesterday.  I managed the play off the 5 minute chart which is fine … Continue reading →

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QQQ update and TraderHank’s Trade short trade in RIMM

Posted on December 22, 2012 by TraderHank
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On Friday the Q’s gaped all the way down to major support @ 64.60 area and  slowly rallied setting the high of the day by 10:15 @ 65.28 and fading lower through lunch making a higher low off the low … Continue reading →

Posted in Daily Analysis, Gap plays | Comments Off on QQQ update and TraderHank’s Trade short trade in RIMM

12-22-2012 Friday, Tight Stops Vs. Full Stops

Posted on December 22, 2012 by TraderHank
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Over the last few months I have really started to perfect my trading by using tight stops vs. allowing my losers to go to a full stop.  My trading was excellent today because I went back to keeping my stops … Continue reading →

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TraderHank’s play in CTSH

Posted on December 19, 2012 by TraderHank
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My next play was in CTSH which was on my climatic watch list short since it has been up 11 straight days in a row.  Price action sold off hard this morning in CTSH, I just needed to find an … Continue reading →

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QQQ update and TraderHank’s 5 minute high play in STI

Posted on December 19, 2012 by TraderHank
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Tricky morning with the Q’s slight gap up and price set the high of the day so far at 66.76 by 9:35.  Then the Q’s sold off slowly moving down into major support and setting the low of the day … Continue reading →

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TraderHank’s short play in VZ

Posted on December 18, 2012 by TraderHank
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A little after noon today it looked like the market may have finally put in the high of the day and a lunch time fade play might work well.  I had VZ on my short list because of it’s 9:45 … Continue reading →

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TraderHank’s long play in ADBE

Posted on December 18, 2012 by TraderHank
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My next play was a 15 minute buy in ADBE which I found on my Daily gap continuation list.  Picture perfect entry but it amazes me on how you can take a play like this in such a bullish market … Continue reading →

Posted in Daily plays, Gap continuation plays | Comments Off on TraderHank’s long play in ADBE