Author Archives: TraderHank

TraderHank’s update on USDCAD position and new short position in AUDUSD

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My trade in USDCAD finally trigger late yesterday afternoon.  I let the trade run all night long and price never bounced like I expected.  The price action was just consolidating allowing the moving averages to catch up.  I let the … Continue reading

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QQQ update and TraderHank’s stock picks for Tuesday December 11th, 2012

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By 3 pm today the Q’s ended the 5 minute down trend and finished the day in a sideways trend with the high at 65.20 and the low of 65.05.  For tomorrow expect a very similar market as today.  If … Continue reading

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TraderHank’s play in CTSH

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My next play was a 5 minute buy in CTSH as the 15 minute was triggering as well, it’s great when you have both time frames together, that way you have agreement with traders from both time frames and you … Continue reading

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QQQ update and TraderHank’s play in KLAC

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The Q’s gaped down this morning to Major support at 64.75 and immediately set the low of the day thus far.  If you read last nights update and took the first 5 minute buy in the market then you were … Continue reading

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USDCAD update

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Well, we almost triggered our first buy in USDCAD.  I’ll leave the limit buy orders in until it hits or I see something better to trade.   update

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Fishing net out for USDCAD long

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I just throw my net out with my first of seven lots to buy at .9865 area with a 40 pip take profit of .9905.  My Stoch indicator is over bought on my 1 hour time frame as well as … Continue reading

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QQQ update and TraderHank’s stock picks for Monday, December 10th, 2012

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The QQQ finished up Friday in a sideways trend with the high being 65.06 area and the low of 64.23 area, see the 5 minute chart below.  We started Friday with a nice bullish gap up that could not hold … Continue reading

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QQQ morning update and TraderHank’s play in JPM

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The QQQ gaped up this morning to Tuesday’s highs at 65.71 and investors did not wast any time selling and prices moved back down through minor support, then through major support and now setting at the lows of the day … Continue reading

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QQQ update and TraderHank’s 15 minute short play in the Q’s

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The market gaped down to the 64.50 area at the open and setting the low for the day so far during the first 5 minutes.  We rallied up and triggered a 15 minute sell in the market at minor resistance, … Continue reading

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QQQ analysis for Thursday, December 6th, 2012 and TraderHank’s stock picks

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The Q’s finally rallied today off the lows of 64.55 into lunch at 12:30 and triggered two 15 minute sells the first one failing, the 2nd one grinding it out lower.  At 3:00 pm we had a shakeout to the … Continue reading

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