Early Morning Range Breakouts using time and sales

This is a discussion on Early Morning Range Breakouts using time and sales within the Trading Journals forums, part of the Reception category; TRIP Long @ 41.09 Stop @ 40.98 (tight stop)...

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Old May 8, 2012, 9:51pm   #57
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread TRIP Long @ 41.09
Stop @ 40.98 (tight stop)
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Old May 8, 2012, 9:55pm   #58
 
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Re: Early Morning Range Breakouts using time and sales

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TRIP Long @ 41.09
Stop @ 40.98 (tight stop)
Exit complete @ 41.25
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Old May 8, 2012, 10:20pm   #59
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread Daysummary (last hour of market)

trades-05-08.jpg

amzn.jpg

trip.jpg

AMZN were a strict morning breakout.
TRIP were a near the previous day high, so I waited until this high were taken out. Got out quickly after the fast run up.
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Old May 10, 2012, 9:33pm   #60
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread CRZO Short 1000 @ 29.41
Stop @ 29.51 (tight stop)
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Old May 10, 2012, 9:38pm   #61
 
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Re: Early Morning Range Breakouts using time and sales

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CRZO Short 1000 @ 29.41
Stop @ 29.51 (tight stop)
bailed out @ 29.51
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Old May 11, 2012, 12:06am   #62
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread Chart of CRZO

crzo.jpg

It failed to stay up the 30 level, so I thought this could give a nice burst to the support level.

Better entry would be just below 29.50 or wait till it actually broke the lows of the day.

I didn't had much time to trade this afternoon.

I'd had MAKO on the rader, but didn't trade it because it wasn't a early range breakout setup.

mako.jpg

Still it is an interesting chart. Lots of buyers just above 25, which eventually breaks with force and high volume.
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Old May 11, 2012, 8:12pm   #63
 
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Re: Early Morning Range Breakouts using time and sales

robocop started this thread CRZO Short 1000 @ 28.93
Stop @ 29.12
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