Author Archives: TraderHank

TraderHank’s shorting EURJPY at the 107.95 level

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I have my fishing net out on a trade in EURJPY at the 107.95 level seeking a 40 pip profit with a 40 pip stop.  I’ve got my net of 8 total lots above spread apart by 15 pips, hopefully … Continue reading

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QQQ update and 5 minute buy in FSLR

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The Q’s opened neutral this morning and sold off immediately moving below the 65.50 area and triggering the hourly sell in the Market.  If you took my advise from last nights post and shorted the break down in the market … Continue reading

Posted in Daily Analysis, Daily plays | Comments Off on QQQ update and 5 minute buy in FSLR

TraderHank’s short play in AUDUSD

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On last nights edition of Fast Money they were recommending a short of AUDUSD at the 1.0500 area.  This caused me a little concern because I was already short with 1 of possible 8 lots at the 1.048 area.  Usually … Continue reading

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QQQ update for December 5th, 2012

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The QQQ continued its sell off today making a new low of 65.20 by 11 am when price finally recovered and closed at 65.58.  For tomorrow if price moves immediately  below the 65.50 area which would trigger the hourly sell … Continue reading

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TraderHank’s short play in TGT

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I found TGT on my 9:45 am wide range bar scan and I was eager to enter the play short.  Price action just never gave an entry on the initial drop so I had to wait for a pull back … Continue reading

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TraderHank’s play in TOL

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My next play came at 10:30 reversal time where the Q’s were at HOSS on the 15 minute chart and I was expecting a bounce.  I was stalking TOL all morning for a long play because of its bullish gap … Continue reading

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QQQ update and TraderHank’s short play in AKAM

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The Q’s opened neutral this morning setting the high for the morning during the first 5 minutes and has continued the sell off with every pull back to the 20 ma being sold off.  The high is 65.73 and the … Continue reading

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TraderHank’s 2nd play in RIG

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Usually, it’s best to dance with the girl who brought you, after having a nice short in RIG this morning, I thought a little late day break out was in order, so I took a nice bottoming tail, with COG … Continue reading

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TraderHank’s play in AXP

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The hardest thing for a trader to learn is discipline, well I admit I had none on my play in AXP today and I deserved the stop out.  I knew the pattern that I was looking for but I entered … Continue reading

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QQQ update and TraderHank’s short play in RIG

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The QQQ gaped up nicely this morning clearing the highs from last Thursday and Friday and setting the high of the day by 9:40 am @ 66.37.  From there, every pull back to the 20 ma has been sold basically … Continue reading

Posted in Gap plays | Comments Off on QQQ update and TraderHank’s short play in RIG