Breakout Trading using Time and Sales

[evostik]

clearly got out of LVS too early

Nice Amit; I only got +4.5c from LVS; oh well.

Cheers
Steve

 

[amit1986]

+5 cents per share LVS breakout again

 

[amit1986]

Nice Amit; I only got +4.5c from LVS; oh well.

Cheers
Steve

Wasn't an easy stock to read...

 

[amit1986]

didn't take the LVS breakout this time...wasn't really convinced by it on level 2

 

[amit1986]

took 2 more trades on LVS, both reversal trades, but closed both for scratch

 

[amit1986]

pretty poor day today

 

[amit1986]

I'm going to call it a day. Hopefully this chop won't continue for much longer. Back tomorrow.

 

[amit1986]

running a bit late this morning; sorry...will be setup soon

 

[amit1986]

+3 cents per share RIO breakdown...was having a lot of difficulty breaking down further, so just got out.

 

[amit1986]

+7 cents per share BTU breakdown

 

[amit1986]

+7 cents per share BTU breakdown again

 

[evostik]

running a bit late this morning; sorry...will be setup soon

Hi Amit, I just wanted to say 'thanks' for keeping on mentioning reversals. This got me to start looking at the methodology and it just gave me +38c on ADBE after its open gap down.

Thanks again,
Steve

 

[amit1986]

+3 cents per share JOY reversal...purely reading time and sales and seeing nothing but buying...difficult one to manage, but was looking to quickly scalp and got a small bite out of it

 

[amit1986]

-2 cents per share NTAP reversal failed

 

[amit1986]

+13 cents per share NTAP reversal...got it this just below the whole number till about the EMA(10)

 

[amit1986]

-7 cents per share URBN reversal failed

 

[evostik]

+13 cents per share NTAP reversal...got it this just below the whole number till about the EMA(10)

Nice Amit. If you have time can you just tell me what time frame chart you were looking at for NTAP? I appreciate you do this very much in conjunction with T&S(?), however.

Thanks
Steve

 

[amit1986]

Nice Amit. If you have time can you just tell me what time frame chart you were looking at for NTAP? I appreciate you do this very much in conjunction with T&S(?), however.

Thanks
Steve

I believe it was the 3-minute chart

 

[amit1986]

Things seem to have just died all of a sudden...going to take a break for a couple of minutes

 

[amit1986]

+23 cents per share NTAP breakout to new highs