Early Morning Range Breakouts using time and sales

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Old May 31, 2012, 9:48pm   #221
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread INCY Short 1000 @ 21.35
Stop @ 21.55
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Old May 31, 2012, 10:00pm   #222
 
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Re: Early Morning Range Breakouts using time and sales

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INCY Short 1000 @ 21.35
Stop @ 21.55
Out @ 21.31
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Old May 31, 2012, 10:01pm   #223
 
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Re: Early Morning Range Breakouts using time and sales

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CRZO Short 800 @ 22.18
Stop @ 22.42
Out @ 22.12
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Old May 31, 2012, 10:35pm   #224
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread Daysummary

trades-05-31.jpg

sync.jpg

petm.jpg

crzo4.jpg

sbux.jpg

incy.jpg

SYNC - Good timing of entry, but just a limit order which failed to fill the 1000 shares. Only 500 shares were filled which is a pitty, because this trade was the winner of the day.
PETM - Bad fill (wide spread and not used a limit order), worse exit by stopping out. Chart is a mess.
CRZO - Good opportunity in the morning, but I wasn't trading at that time. Entry at break of the trend and failed to get higher. Should looked for a better entry. Couldn't use the ema as a stop, because price wasn't up or below it for some time. Exited a few seconds for the close (why do they make me wait until the end of the session). I was almost stopped out, but I was confident that it would go back.
SBUX - Nice entry, directly in profit, I was looking for the 55 level as an exit, but choosed to change strategy by selling half and trail the rest. It did go in the 55 level briefly.
INCY - Entry was ok, but stock failed to go lower.

Cheers,
Robocop
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Old Jun 1, 2012, 8:38am   #225
 
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Re: Early Morning Range Breakouts using time and sales

Quote:
Originally Posted by robocop View Post
Daysummary


SYNC - Good timing of entry, but just a limit order which failed to fill the 1000 shares. Only 500 shares were filled which is a pitty, because this trade was the winner of the day.
PETM - Bad fill (wide spread and not used a limit order), worse exit by stopping out. Chart is a mess.
CRZO - Good opportunity in the morning, but I wasn't trading at that time. Entry at break of the trend and failed to get higher. Should looked for a better entry. Couldn't use the ema as a stop, because price wasn't up or below it for some time. Exited a few seconds for the close (why do they make me wait until the end of the session). I was almost stopped out, but I was confident that it would go back.
SBUX - Nice entry, directly in profit, I was looking for the 55 level as an exit, but choosed to change strategy by selling half and trail the rest. It did go in the 55 level briefly.
INCY - Entry was ok, but stock failed to go lower.

Cheers,
Robocop
Good Trading Robocop!

Can you explain the headings on your summary? aswell as what you mean by money managment?

Thanks
Somesh
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Old Jun 1, 2012, 9:15am   #226
 
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Re: Early Morning Range Breakouts using time and sales

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Good Trading Robocop!

Can you explain the headings on your summary? aswell as what you mean by money managment?

Thanks
Somesh
I see I haven't adjusted the statement for scaling out. Here the correct statement.

trades-04-31.jpg

Symbol = Symbol of instrument
L/S = Long or Short
QTY = Quantity (number of shares)
Bought = entry price of instrument
Sold = exit price of instrument
Init stop = price of initial instrument
ct risk = cent risk
Initial Risk = ct risk * QTY
P&L = Profit & Loss of trade

ct risk riskpertrade / ct risk = $200 dollar risk per trade diveded by cent risk
Rounded = rounded in multiples of 100 (ct risk riskpertrade / ct risk)
P&L = Profit & Loss of trade (with Rounded number of shares)
Commissions = MAX(0.02 * Rounded;15)*2
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Old Jun 3, 2012, 12:39am   #227
 
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Re: Early Morning Range Breakouts using time and sales

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Originally Posted by WinAtTrading View Post
Thanks for the excel files. I'm away on business today, but will take a look at them later.

Some charts that made good trades yesterday from VOLUME BUZZ scan on tc2000..

TEVA
EBAY
CTSH
XRAY
VRSN
CTXS
DTV
AVGO
EXPE
MNST

These are just a few of the from the Nasdaq scan.

You can get access for free (with adverts) to tc2000, give it a go and keep an eye on the volume buzz. It has consistently generated some good trades.

Have a great Day!
Hi WinAtTrading,

I have created an account at tc2000 but if I logon I must enter my creditcard number. I don't want that because I want the free version. Where can I find that version?

Now you have ProRealtime, can you try out my Proscreener scanner of post #1 in ProRealtime and look if the resulted stocks are more or less the same as in tc2000 volume buzz? If my versions gets too few results, you can lower the Averagetruerange filter to see more stocks.

Thanks in advance!

I have manually walked thru the list to see which stocks are doing well with this strategy the last few weeks.

These are:

momentumlist.jpg

Regards,
Robocop
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Old Jun 4, 2012, 3:04pm   #228
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread What have I done?

Buying a AEX put 5 jun 2012 283 at € 1.30 instead of a call at 13:40 (local time)

My timing was perfect so the put is a loss in a blink of an eye.
I've decided to hold it, maybe it was a good (but too early entry) after all.

It is now trading at € 1.00. I have a placed a sell order at € 2.00.

Why did I trade this option, while I am learning tho trade breakouts of US stocks?
argh...
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Old Jun 4, 2012, 6:13pm   #229
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread PETM Short 1000 @ 62.53
Stop @ 62.69
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Old Jun 4, 2012, 6:15pm   #230
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread SFLY Short 1000 @ 25.15
Stop @ 25.35
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