Breakout Trading using Time and Sales

[amit1986]

+3 cents per share IMGN breakdown...that was a 9 second trade

 

[amit1986]

missed WLP

 

[amit1986]

just as well...WLP would have been a small profit anyway

 

[amit1986]

+3 cents per share WLP breakout

 

[amit1986]

clearly got out of WLP too early...

 

[amit1986]

wow...how nice would it have been to get a bite out of GPN...too volatile now though

 

[amit1986]

done for the day.

I will likely be limiting my posts here now to perhaps once a week. In any case, I will give advanced notice as to when I'm posting.

Good trading to all!

 

[Mr. Charts]

No problems with TWS this morning, so things look to be okay.

The stocks I trade come from Mr. Charts' live alert site, along with scans of my own sometimes. However, all pre-market stocks (four days a week) come from Richard's site. It's really a great resource as one is learning. For this reason, it is not appropriate if I mention them on here.

Thank you for your consideration, Amit
You have another message elsewhere, BTW.
Enjoy the weekend,
Richard

 

[ChocolateDigestive]

done for the day.

I will likely be limiting my posts here now to perhaps once a week. In any case, I will give advanced notice as to when I'm posting.

Good trading to all!

so 4 winning trades for you today, well done Amit. awesome trading as per usual.

 

[amit1986]

Should be an opportunistic day with futures gapping down sharply.

 

[amit1986]

+4 cents per share MAGS breakout

 

[amit1986]

+2 cents per share ECA breakdown...reversed so got out

 

[amit1986]

took the AVP breakout but ended up closing it as it failed to go any higher for a 1 cent profit, but commissions were 1 cent, so net nothing. It then shot up higher

 

[amit1986]

scratch short trade on WBMD breakdown

really frustrating market

 

[ChocolateDigestive]

blue horseshoe loves APOL

 

[amit1986]

-1 cent per share APOL reversal failed

 

[amit1986]

not exactly as opportunistic as I thought it would be today

 

[amit1986]

going to call it a day. good trading to all!

 

[ChocolateDigestive]

before you do check MDRX

 

[amit1986]

before you do check MDRX

Thanks. But ATR is 0.03 on the 5-minute chart so it's likely not worth trading.

Keep em comin' though