[06:30 am] Ed : DG
[06:31 am] Ed : on MLNX
would use 48.90 for short with strong
vol
[06:32 am] Mitch K: watching STI for
bottom, trying 28.25 area
[06:32 am]
Mitch K: watching FDO for trades both
ways
[06:32 am] Mitch K: watching CCI for
bottom
[06:32 am] Mitch K: watching FSLR
for short, prefer 32.65 area
[06:32 am]
Mitch K: watching LTD for bottom, trades bot
ways
[06:33 am] Mitch K: watching ALLT for
bottom
[06:33 am] Mitch K: watching DDD
for bottom
[06:33 am] Mitch K: watching
JWN for short
[06:33 am] Mitch K: watching
DLTR for bottom
[06:35 am] Ed : SPY new
lod
[06:35 am] Mitch K: monitoring
PIR
[06:35 am] Mitch K: watching DICC for
top
[06:35 am] Mitch K: watching CPHD for
bottom, take more time
[06:35 am] Mitch K:
watching AFL for bottom
[06:35 am] Mitch
K: watching HAIN for bottom
[06:35 am]
Mitch K: watching SSI for bottom, low
vol
[06:36 am] Mitch K: monitoring HRL,
Hormel foods
[06:36 am] Mitch K:
monitoring EL if trends up today
[06:36
am] Mitch K: watching DLTR for short on top
of bounce
[06:36 am] Mitch K: change
opinion about PIR, should continue up when
SPY turns up
[06:37 am] Mitch K: watching
APKT for bottom
[06:37 am] Mitch K:
watching CNH for bottom
[06:37 am] Mitch
K: DDD should bounce soon
[06:37 am] Mitch
K: watching APC for bottom
[06:38 am]
Mitch K: watching AAPL for bottom
[06:38
am] Mitch K: watching FIO for
bottom
[06:38 am] Mitch K: APC
bouncing
[06:38 am] Mitch K: watching MYGN
for 2nd helping bottom, missed
first
[06:39 am] Mitch K: BGMD worth
watching today
[06:40 am] Mitch K:
watching SPWR for trades both ways
[06:40
am] Mitch K: watching BCR for short on top of
bounce soon
[06:41 am] Mitch K: watching
PKT for bottom
[06:42 am] Ed : if u took
short would cover some here FDO
[06:42 am]
Mitch K: watching KSS for top to short soon,
missed bottom
[06:42 am] Ed : FDO new
lod
[06:42 am] Mitch K: more upside for
ROST, trending stock
[06:44 am] Mitch K:
watching PKT closer
[06:45 am] Mitch K:
still watching ALLT
[06:45 am] Ed : would
reduce some if u took DG long
[06:46 am]
Mitch K: SPY bouncing, more upside for long
positions
[06:46 am] Mitch K: more upside
on DDD
[06:46 am] Mitch K: watching LTD
for 45.50 area, be flexible
[06:46 am] Ed
: BIIB monitor the 146 area for ADanced
traders
[06:46 am] Mitch K: STI
bouncing
[06:47 am] Mitch K: SPWR is up on
FSLR sympathy move
[06:47 am] Mitch K:
still watching FSLR but take time for any
short, strong today, bullish market
[06:48
am] Mitch K: more down for SSI
[06:49 am]
Mitch K: soon
[06:49 am] Mitch K: looking
for long exit on DDD
[06:49 am] Mitch K:
watching FIRE but low vol
[06:52 am] Mitch
K: watching ALLT closer, getting
interesting
[06:53 am] Mitch K: watching
TGT for bottom
[06:53 am] Mitch K: NFLX
toppy
[06:53 am] Mitch K: ROST turning
over
[06:53 am] Ed : passing on BIIB
for now trading in 1.5 point range
[06:54
am] Mitch K: watching M for bottom, missed
short
[06:54 am] Mitch K: watching FTNT
for bottom
[06:55 am] Mitch K: looking to
exit APC long
[06:56 am] Mitch K: watching
/PL, Platinum, good movement
[06:57 am]
Mitch K: monitoring MR
[06:57 am] Mitch K:
monitoring QIHU, no hurry
[06:57 am] Mitch
K: also watching /NG Natural Gas
[06:57
am] Mitch K: ALLT trying to bounce
here
[06:58 am] Mitch K: watching HRL for
bounce
[06:58 am] Mitch K: watching M
closer
[06:58 am] Mitch K: FTNT trying to
bounce
[06:59 am] Mitch K: the monitor HRL
for 2nd short
[07:00 am] Ed : monitoring
EXPE
[07:02 am] Ed : Advanced traders
monitor the 30ish area on GM
[07:03 am] Ed
: no hurry on EXPE
[07:04 am] Mitch K:
watching HSH drop
[07:04 am] Mitch K: no
life in ALLT
[07:05 am] Ed : Advanced
traders monitor ALLT for cont. weakness and
loss of 13.80ish with strong vol for
potential short
[07:08 am] Ed : would cont
to monitor if it flirts with lows, dont
fixate though
[07:08 am] Ed : was no vol
on new lod on ALLT so did not play
[07:12
am] Mitch K: also monitoring another health
care stock, WLP
[07:12 am] Mitch K:
monitoring HUM
[07:13 am] Mitch K: MR
giving good short, repeat of yesterday on
smaller scale but still good
[07:15 am]
Mitch K: watching /CL Crude for bottom next
2-3 candles
[07:15 am] Mitch K: only
looking for 7-10 ticks on long side
[07:17
am] Ed : keep an eye on HNR for increase in
vol and setup for potential short
[07:19
am] Ed : lower high on SPY and getting
pullback
[07:21 am] Ed : nice bounce in
FDO off the bottom
[07:22 am] Mitch K:
should get over 93 on CL, weak though
still
[07:25 am] Ed : QCOR
[07:26 am]
Mitch K: HUN keeps spiking up,
[07:26 am]
Ed : very risky LPH
[07:27 am] Mitch K:
watching MR for trades both ways
[07:27
am] Mitch K: PL 03-13 worth watching for long
entry, good practice on simulator
(sim)
[07:28 am] Mitch K: HRL acting like
a credible buyout rumor, just guessing by
trading action
[07:29 am] Mitch K: 03-13
better Joey, more vol
[07:30 am] Ed : I
would not trade it if ur not consistent in ur
trading
[07:30 am] Ed : LPH is good chart
to study, from standpoint of nice drop, weak
bounce and cont. rollover
[07:31 am] Ed :
very dangerous but good chart to lern
from
[07:32 am] Ed : patterns repeat no
matter price of stock
[07:46 am] Ed : will
trail last 1/4 of QCOR short
[07:46 am] Ed
: reducing 3/4 of QCOR short
[07:50 am]
Mitch K: HLF not the kind of day trade short
scalp i like, looks sustainable uptrend to
me
[07:56 am] Mitch K: monitoring AFL for
bottom, no hurry
[07:58 am] Mitch K:
monitoring THOR, slow drop
[08:13 am] Ed :
SPY new hod
[08:19 am] Ed : RIG planned
settlement for deepwater disaster
[08:21
am] Ed : settlement will resolve criminal and
civil claims RIG
[08:22 am] Ed : thx
joey and murano on GME/RIG
[09:06 am]
Mitch K: watching PL 03-13 for long
[09:11
am] Ed : NUS added to buy list at Deutsche
Bank
[09:13 am] Ed : SPY new hod
[09:14
am] Mitch K: i am toying with this idea to
create a separate/additional version of
lightning that would have only a handful of
signals per day in a futures instrument that
usually have long hold times. For
example, a signal at 7:20:55 am pacific time
on NG 03-13 this morning to buy long at 3.185
and a matching sell signal came at 8:56:59 am
for $3.224. hold time was over 86
minutes. I dont know if it can be done
but would be really useful. you guys
like that idea?
[09:16 am] Mitch K: by
putting it on its own chart would make it
much easier to follow. I like the idea
but not sure if it will be technically too
challenging to work with. an
alternative is to have a different color
identifying the long term hold
strategy
[09:20 am] Mitch K: a longer time
frame helps remove many signals but as you
know, you give up quite a bit of money from
the peak price to the signal on longer term
intervals. we are developing an algo
that gets the best of both worlds, good tight
signals without giving up as much money
before a signal arrives and a long hold
time
[09:23 am] Mitch K: ok here is
another one on the 1 min chart for CL 02-13
this morning at 721am pst which was a buy
signal at $92.90 and a sell signal at $93.21
almost 2 hours later
[09:24 am]
Mitch K: that trade wasnt a big profit but
what i am getting at is a lot of traders are
not as active and this would be an easier
lifestyle to maintain, less busy but high
percentage winning rate and higher profit per
trade overall
[09:25 am] Ed : RIG confirms
agreement with justice dept
[09:26 am]
Mitch K: joey, the smaller trades in between
has to be done in a different account since
you are not able to be long and short in the
same instrument in the same brokerage
account.
[10:07 am] Ed : tight trading
range in SPY
[10:35 am] Ed : SPY new
hod
[10:47 am] Ed : 10:46 am] Ed : nasdaq
reporting stale data thats 10 minutes
old
[10:46 am] Ed : nasdaq reporting stale
data thats 10 minutes old
[10:53 am] Ed :
Naz says issues mostly fixed
[11:00 am] Ed
: FOMC minutes
[11:08 am] Mitch K: SPY
just off bottom
[11:09 am] Mitch K: thats
a 3 to 1 leveraged long
[11:09 am] Mitch
K: looking for tradable long for TNA
soon
[11:10 am] Mitch K: i think that is
based on a small cap bull, like Russell
2000
[11:13 am] Mitch K: FYI, if you ever
were on the road traveling and were not
actually trading much you could go to
freestockcharts.com and get real time
charts. only if you are in a bind and
need some charts with data
[11:16 am]
Mitch K: it is not for professional use for
full time trading, i only might need it if
traveling
[11:23 am] Mitch K: joey,
getting that longer term long entry
[11:23
am] Mitch K: looking for CL bounce here,
soon
[11:24 am] Mitch K: that comment joey
is a short term trade, this could last an
hour
[11:31 am] Mitch K: came at
92.91
[11:31 am] Mitch K: joey, if you
took that long entry around 92.82 on CL, i
got an early sell signal on it, surprised it
came so soon
[11:37 am] Ed : nice one on
FFIV
[11:38 am] Ed : good eye
murano
[11:40 am] Ed : SPY nearing
lod
[11:52 am] Ed : getting bounce in
SPY
[12:18 pm] Ed : SPY nearing
lod
[12:21 pm] Ed : SPY new lod
[12:23
pm] Ed : lower low on SPY
[12:32 pm] Ed :
SPY new lod
[12:48 pm] Ed : nice bounce in
SPY
[12:54 pm] Ed : SPY nearing
lod
| [06:12 am] joeytsa : Good morning Ed,
everyone
[06:12 am] khall : Good
morning all!
[06:13 am] taco : good
mornin, futures are fun
[06:13 am]
qwert : Good morning to
everybody
[06:13 am] joeytsa : gap
downs: BIIB,MLNX,FDO,DLTR,KSS
[06:13 am]
cowboyh : gm all
[06:14 am]
joeytsa : gap up:
ROST,TGT,GPS
[06:14 am] taco :
thanks joey
[06:14 am] shark : gm
all, thx joey
[06:14 am] qwert : thx
joey ALLT big gap down as well
[06:14 am]
joeytsa : thx qwert
[06:15 am]
shark : USD/JPY weak
overnight
[06:16 am] lisas : gm
all
[06:16 am] joeytsa : some really
nice futures trades the past hour
[06:20
am] khall : yeah, wonder if Nat Gas
will try to bounce here a bit. Still
looking pretty weak today
[06:22 am]
joeytsa : watching /ES range 1454-1457,
pp @ 1453 area
[06:28 am] skydiver :
gm all – thnx joey and qwert
[06:29 am]
shark : CMG down $6 pre -some res
@300
[06:30 am] joeytsa : lots of
moves on retailers
[06:31 am] elisha
: GM all
[06:32 am] joeytsa :
watching LTD also with the other
stores
[06:32 am] joeytsa : DDD
pullbing back
[06:33 am] scalpman :
sell 1/2 DG L
[06:33 am] scalpman :
alla out DG L
[06:33 am] scalpman :
out
[06:34 am] joeytsa : tighten
BIIB if long
[06:35 am] joeytsa :
/PL range 1574.50,1576.50 looking for
break either way
[06:37 am] joeytsa
: HRL bought jiffy peanut butter i
believe
[06:38 am] skydiver : yes
joey – they are having conference call right
now on the aqusition
[06:38 am]
joeytsa : thx sky
[06:39 am]
skydiver : 🙂
[06:40 am] shark
: watching LULU for bottom
[06:40 am]
joeytsa : yeah Mitch, BGMD had a good
test result
[06:42 am] joeytsa : KSS
coming into $43 area, tighten if
long
[06:42 am] joeytsa : not sure
it will make it
[06:46 am] mikewd2 -: low
priced stock SONS – be careful
[06:46 am]
qwert : ALLT getting
interesting
[06:46 am] scalpman :
sell 1/2 ROST L
[06:47 am] skydiver
: short HRL 33.42
[06:47 am]
scalpman : sell another 1/4 ROST
L
[06:47 am] joeytsa : SPWR up
because they sold 2 power plants
projects
[06:47 am] scalpman :
Holding last piece at b.e.
[06:48 am]
scalpman : all out ROST L
[06:48 am]
joeytsa : /GC coming into res
area
[06:49 am] joeytsa : BIDU
decent so far
[06:49 am] mikewd2 -:
QCOR
[06:49 am] joeytsa : tighten
GPS if short
[06:50 am] joeytsa :
thx for ALLT qwert 🙂
[06:52 am]
joeytsa : khall: did you get that /NG
move
[06:52 am] khall : no – I got
the down move pre market
[06:53 am]
khall : missed the up move – was
looking at )
[06:53 am] joeytsa :
nice going
[06:53 am] khall : other
things I was going to type – thanks
[06:53
am] joeytsa : some really great trades
today
[06:56 am] skydiver : all out
of HRL short
[06:57 am] joeytsa :
/PL has been a good
[06:58 am] taco
: +2% ALLT holding last 1/4
[07:00 am]
mikewd2 -: watching EXPE
[07:00 am]
joeytsa : BIDU over $106 now, tighten
if long
[07:00 am] joeytsa :
AAPL,AMZN,BIDU,SINA,GOOG all near hod
areas
[07:01 am] mikewd2 -: GM sales dec
up 4.9%, est 1.9
[07:01 am] taco :
closed ALLT with trail stop
[07:02 am]
shark : DDD testing hod area, all
out
[07:06 am] joeytsa : lets hope
so Ed, but $14 is trying to hold
[07:06
am] mikewd2 -: QIHU toppy?
[07:06 am]
joeytsa : i lowered my stop to 14.20,
will trail down
[07:06 am] taco : s
HLF 33.12
[07:07 am] joeytsa :
stopped at 14.15, was short from
14.36
[07:08 am] mikewd2 -: HLF doesn’t
seem to want to go below 33, taco
[07:08
am] mikewd2 -: i was about to go long on next
test
[07:08 am] joeytsa : /GC pushed
right thru res area
[07:09 am]
joeytsa : watching $38 for M
[07:09
am] joeytsa : markets getting some
buying
[07:13 am] joeytsa : mike:
here is your $33 retest on HLF
[07:13 am]
mikewd2 -: yeah, but my TS hung –
haha
[07:13 am] joeytsa : same thing
as yesterday?
[07:14 am] mikewd2 -: yeah,
couldn’t keep madscan up
[07:14 am]
joeytsa : sorry
[07:14 am]
joeytsa : WTW on a nice run
today
[07:15 am] joeytsa : expected
it to do something after new years day with
people making weightloss
resolutions
[07:15 am] mikewd2 -: dang
meant to follow WTW
[07:15 am]
joeytsa : yeah me too haha
[07:15
am] joeytsa : right there with you
Mitch
[07:16 am] joeytsa : both
/PL,GC made nice quick trades from range
breaks
[07:17 am] mikewd2 -: missed my HLF
entry at 33.00
[07:17 am] joeytsa :
still a nice call
[07:18 am] mikewd2 -:
candles told me
[07:18 am] Ed : they
allowed u to see
[07:18 am] mikewd2 -: no
i have audio candles enabled – lol
[07:18
am] joeytsa : doji around
7:14pdt?
[07:19 am] joeytsa : or
hammer-type
[07:19 am] Ed : very
interesting
[07:19 am] lisas : audio
candles? for real?
[07:20 am] mikewd2 -:
no, just kidding – haha
[07:20 am] mikewd2
-: Mitch’s next project!
[07:20 am]
joeytsa : was decent 3:1 r/r trade with
entry @ $33, stop 32.90, target
33..40
[07:20 am] Ed : its true, u know
those texans
[07:20 am] mikewd2 -: yeah,
exactly
[07:20 am] joeytsa :
actually 4:1
[07:20 am] mikewd2 -: yeah,
the audio candles have a bit of a
“draw”
[07:20 am] lisas : darn,
darn, darn! Ed would have been smoking with
those
[07:21 am] joeytsa : sure
was
[07:21 am] joeytsa : missed it
though
[07:21 am] joeytsa : looking
for buy signal soon on /PL
[07:21 am]
khall : Lightning V3 – audio candles
😉
[07:23 am] joeytsa : thx
Mitch
[07:24 am] mikewd2 -: HLF
moving
[07:25 am] joeytsa : yeah,
missed that 2nd entry point too
[07:25 am]
joeytsa : ALLT gave nice 50c bounce
too
[07:28 am] joeytsa : Mitch: im
using PL 04-13
[07:28 am] mikewd2 -:
watching FST at 7.30 previous resistance,
need break thru
[07:29 am] joeytsa :
thanks, 04-13 was the default for
me
[07:31 am] joeytsa : i have much
better action on 04-13 for some
reason
[07:31 am] joeytsa : lower
vol KEX just got a spike up
[07:32 am]
joeytsa : good point Ed
[07:32 am]
joeytsa : should get a /NG buy signal
cover soon
[07:33 am] mikewd2 -: FDO
moving up again
[07:33 am] joeytsa :
there’s your $93 on crude Mitch, nice
call
[07:34 am] shark : PIR
@R2
[07:34 am] mikewd2 -: watch for break
above 57.10 on FDO
[07:35 am] shark
: watching LULU
[07:37 am] joeytsa :
there’s the /NG signal
[07:37 am]
joeytsa : decent short
[07:39 am]
joeytsa : break time, fun day so far,
see you in 20
[07:39 am] skydiver :
take care joey
[07:42 am] mikewd2 -: HLF
over 34.00
[07:42 am] mikewd2 -: jan put
looking better
[07:42 am] mikewd2 -: naked
put that is
[07:45 am] qwert :
monitoring MOS
[07:47 am] Ed : nice trend
up on HLF
[07:47 am] mikewd2 -: watching
FDO
[07:49 am] apple : good morning
all – how is everybody doing today?
[07:49
am] scalpman : No shorts HLF at
TS
[07:50 am] taco : IB has them
scalp
[07:51 am] skydiver : gm
apple
[07:51 am] shark : hi
apple
[07:51 am] apple : hey
sky
[07:51 am] apple : hey
shark
[07:51 am] scalpman :
Yes…thanks mitch
[07:51 am] apple
: MK which is what you mentioned the other
day — $36 level
[07:51 am] taco :
thanks Mitch, old habbits still
alive
[07:52 am] taco : but
waning
[07:52 am] apple : it has
been a gradual climb
[07:53 am] mikewd2 -:
sure does Mitch
[07:53 am] taco : hi
apple, alls good:)
[07:53 am] apple
: good one taco
[07:55 am] apple :
chinese stock
[07:56 am] Ed : hey taco,
when one has habits that affects trading, one
has to do something to undo those bad
habits
[07:56 am] apple : good
advice E
[07:57 am] taco : yes sir,
such as?
[07:57 am] Ed : What you want to
do is identify thos things that are holding
you back from being successful and consistent
as a trader
[07:58 am] mikewd2 -: taco: i
have the worst bad habits. But this is new
year and not going to do them
anymore.
[07:58 am] Ed : and write them
down (this helps to acknowledge)
[07:58
am] mikewd2 -: work on a day trading plan and
stick to it.
[07:58 am] mikewd2 -: been
very helpful to me last few days.
[07:58
am] taco : good stuff thanks
guys
[07:59 am] Ed : in writing trading
plan this will help, look in documents
folder
[07:59 am] mikewd2 -: important
stuff – else you will not last day trading –
trust me.
[07:59 am] Ed : additionally
since we all have bad habits we have to
deprogram the junk so to speake and inpute
better habits
[07:59 am] jsn13 :
thanks mike for FDO, out half at 56.91 from
56.54..
[07:59 am] Ed : How does one do
this, this has to be worked on evey single
day
[08:00 am] mikewd2 -: yeah losing
weight is easier than breaking bad stock
trading habits!!!!
[08:00 am] Ed : just as
quick example if you overtrade stocks, you
have to have a counter to help such as only
trading the stock at most 2x regardless, and
no more
[08:01 am] mikewd2 -: on my list
Ed!
[08:01 am] taco : even the
really juicy ones??
[08:01 am] taco
: guilty and accept
[08:01 am] mikewd2 -:
yes taco
[08:01 am] apple : just
taking only the best probable
set-ups
[08:01 am] taco : i hear
you
[08:02 am] mikewd2 -: you get in habit
of over trading on juicy ones, it carries
over to not so juicy.
[08:02 am] Ed :
another habit could be taking a trade
withouth a signal
[08:02 am] jsn13 :
watching ALLT
[08:02 am] khall :
exactly mike
[08:02 am] apple : no
signal, no trade
[08:02 am] apple :
also, take breaks and regroup — joey is a
great example of that
[08:03 am] Ed :
write apple, but key is making sure it is
written down and everyday you have to go over
whats holding you back and course of action
to make a change,
[08:03 am] Ed : trying
to make a trade is a famous bad habit
also
[08:03 am] apple : exactly –
REview & Grow… learn from it, don’t
be critical
[08:04 am] Ed : thats
basically making something there that is
not
[08:04 am] taco :
right
[08:04 am] apple :
magic?
[08:04 am] khall : trading
what you think instead of what you
see
[08:04 am] apple : right,
khall
[08:04 am] scalpman : Thor was
hammered but is rebounding a bit.
[08:05
am] mikewd2 -: out FDO, another
+0.5-
[08:05 am] Ed : right, we all know
it but what will we do to make the change to
reach our goals and be consistent trader, it
is here that one gets lazy but its where u
focus (this is called discipline)
[08:06
am] mikewd2 -: Ed, ALLT worth a long
try? has a clear stop, r:r seems
decent
[08:06 am] Ed : have to mention
this one, getting disgusted with
markets
[08:07 am] Ed : have lower highs
in this trade range, I think better
opportunities worth waiting for
[08:08 am]
Ed : thats just my .02 cents mike
[08:09
am] skydiver : my time is up . . see
you all tomorrow — and thnx Ed, that is very
helpful and good reminder to us all
🙂
[08:09 am] shark : bye
sky
[08:09 am] scalpman :
HFC
[08:09 am] mikewd2 -: HLF at new high,
since sell off on ackman comments
[08:11
am] Ed : c ya sky
[08:11 am] taco :
bye sky
[08:11 am] apple : bye sky
have fun
[08:12 am] apple : speaking
of breaks – back in a bit
[08:13 am] Ed :
hey mike did that make sense
[08:13 am]
mikewd2 -: watching WFT
[08:13 am] mikewd2
-: yes, Ed
[08:14 am] Ed : cool, sometimes
i can ramble, just wanted to make
sure
[08:14 am] taco : yes thanks ed
all good info and spelt corektly to
[08:14
am] Ed : lol
[08:17 am] murano :
GME
[08:17 am] Ed : as Mitch spoke about
before u get a settling down of volatility in
a stock, any resurgance you will want to see
vol and break outside of ranges
[08:18 am]
joeytsa : RIG
[08:19 am] mikewd2 -:
all oil drilling, services moving
up
[08:20 am] joeytsa : great lesson
you gave earlier Ed
[08:20 am] Ed : thx
joey
[08:20 am] murano : No short on
GME at Lightspeed
[08:22 am] joeytsa
: tighten RIG if long
[08:22 am]
joeytsa : looks like it wants to move a
bit more though
[08:22 am] mikewd2 -:
could run to 49.50 – 50.00 area
[08:23 am]
shark : SPY positive on day
[08:23
am] joeytsa : came back and got me,
looking for next entry
[08:25 am]
shark : nice one joey, RIG
[08:25
am] joeytsa : 🙂
[08:26 am] mikewd2
-: great call joey, missed the top for
short
[08:26 am] elisha : Thanks for
lesson Ed
[08:26 am] apple : back,
nice hot cappuccino
[08:27 am] shark
: looks like I’m going to miss grand opening
of Starbucks Vietham 🙁
[08:28 am]
taco : thanks guys for both
[08:28
am] scalpman : APKT
[08:28 am]
apple : haha, don’t like starbucks,
prefer little cafes
[08:29 am] apple
: coffee is always better
[08:29 am]
shark : yeah, I agree apple.
🙂
[08:29 am] shark : just adds to
my tax write off trades
[08:29 am]
shark : “research”
[08:30 am]
apple : haha
[08:30 am] mikewd2 -:
DO tested 71.00 – another driller
offshore
[08:31 am] apple : thx
mike
[08:31 am] joeytsa : shark:
starbucks coming out with $1 refillable
cups
[08:31 am] mikewd2 -: shorted DO,
with stop 71.03
[08:32 am] shark :
watching MLNX
[08:32 am] mikewd2 -: ALLT
bouncing
[08:32 am] joeytsa : good
stop point mike, if it can lose 70.80 might
get a nice fall
[08:34 am] joeytsa :
mike: HLF was nice off that $33 buy
point
[08:34 am] mikewd2 -: out ALLT,
decent profit
[08:34 am] mikewd2 -: yeah,
wish i had hit it
[08:34 am] joeytsa
: /ES still making higher lows
[08:34 am]
taco : sorry if i messed you up mike
when i went short there
[08:35 am]
shark : watching FSLR -strong on cont’d
govt benefits
[08:35 am] mikewd2 -: no, i
tried to go long – just missed
entry
[08:35 am] mikewd2 -: didn’t want to
chase
[08:35 am] mikewd2 -: I’m still
making money got the naked put
[08:36 am]
apple : on what mike?
[08:36 am]
mikewd2 -: HLF
[08:36 am] joeytsa :
one day closer mike 🙂
[08:36 am] mikewd2
-: sold the jan 18, 30 for 2.10 a few daya
ago
[08:37 am] shark : nice
mike!
[08:37 am] apple : i am still
in my 35call jan 19
[08:38 am] mikewd2 -:
VRTX looking better on daily
[08:38 am]
joeytsa : you get better delta buying
itm calls
[08:39 am] joeytsa : at
least i think you do
[08:39 am]
victor51 : Thanks Joey/Murano/Ed on RIG
short. I am out now
[08:39 am] shark
: or you can double your delta by buying 2x
as many contracts
[08:39 am] apple :
i like that idea shark
[08:39 am]
joeytsa : true
[08:39 am]
shark : 😉
[08:39 am] victor51
: Any news on ALLT. I am L at $14
[08:40
am] joeytsa : i like the itm calls,
delta around 80
[08:40 am] qwert :
watching NFLX
[08:40 am] joeytsa :
you get most of the upside, and if stock
drops..so does delta so you dont lose as
much
[08:40 am] apple : thx
qwert
[08:40 am] apple : more
expensive tho, joey
[08:40 am]
joeytsa : who cares
[08:41 am]
apple : looks like NFLX made a soup
bowl from yesterday
[08:41 am]
joeytsa : im talking for swings though,
sorry i wasnt clear
[08:41 am] apple
: ok
[08:42 am] mikewd2 -: watching for
RIG short if fails hod
[08:43 am]
joeytsa : mike: dbl top on neg div at
the moment
[08:43 am] apple : had a
nice pop there, mike
[08:44 am]
joeytsa : /GC with some nice cycles
today
[08:45 am] joeytsa : life
improvement book recommendation, can be
applied to trading life…
[08:45 am]
joeytsa : “The Compound Effect” by
Darren Hardy
[08:45 am] apple : thx
joey
[08:46 am] joeytsa : very easy
read
[08:46 am] apple : even better,
right?
[08:47 am] Mitch K: hey joey, you
left too soon for your break. look at
NG after that sell signal you called
out
[08:47 am] joeytsa : Mitch:
since its about a month after Lightning, are
you liking stocks or futures
better?
[08:47 am] Mitch K: i mean buy
signal
[08:47 am] joeytsa : yeah i
saw when i came back
[08:47 am]
joeytsa : almost put in a standing
order, but didnt
[08:47 am] Mitch K: am I
liking Lightning for futures or stocks
better, is that your question?
[08:48 am]
joeytsa : or just in general
[08:48
am] apple : hotseat
[08:49 am] Mitch
K: because the fact that futures is more
volatile I think Lightning is more effective
with futures but that first hour with
volatile stocks is good too
[08:49 am]
joeytsa : i was going to write the same
thing
[08:50 am] joeytsa : i like
that futures isnt as hectic, sometimes just
way too many stocks to follow
[08:50 am]
apple : volatility helps
everything
[08:50 am] apple : mike
did you get RIG short?
[08:50 am] mikewd2
-: yes and DO
[08:51 am] Mitch K: the
version 2 we are working on dramatically
improved the FuturesForex
version. the stocks version
improved as well but the Futures version is
just getting outstanding results
[08:51
am] joeytsa : cant wait, loving what i
see now actually
[08:51 am] Mitch K: it
comes down to the volatility
[08:51 am]
joeytsa : if you use common trading
sense you can avoid some of the “wrong”
signals given
[08:52 am] joeytsa :
nice trades mike
[08:52 am] Mitch K: the
nice thing is you can have stocks go dead for
awhile and find something in the futures
market and often times the opposite where
futures can be quiet and you can find 1 or 2
stocks to work with.
[08:53 am]
apple : and that’s really all you need
for a profitable day
[08:53 am]
joeytsa : yeah, and the audio alerts
you if you happen to nod off haha
[08:53
am] mikewd2 -: Gundlach: ‘Deeply believe’
Apple headed to $425 per share
[08:54 am]
joeytsa : article i posted yesterday in
the room gave a $440 target if neckline was
broken
[08:54 am] joeytsa :
http://www.t3live.com/articles/market-analysi
s/3733-scott-redlers-predictions-for-2013-.ht
ml
[08:54 am] Mitch K: what I am
personally finding is that i do better with
fewer Lightning charts open, when i have 6 or
more charts open at a time, there are
too many audio alerts and I get desensitized
from taking all the audio alerts
seriously
[08:54 am] joeytsa : for
you mike, not sure you were in the
room
[08:54 am] lisas : Mitch, I
keep getting the error message if I link the
alert box to a chart.
[08:54 am]
joeytsa : yeah Mitch, happened to me
this morning…signals going off left and
right
[08:55 am] joeytsa : i have 5
futures symbols up
[08:55 am] Mitch K: i
saw your email lisa but i couldnt follow it,
probably because it was late at
night
[08:55 am] Mitch K: well today was
just so busy anyhow joey
[08:55 am]
joeytsa : yeah, even
premarket
[08:56 am] lisas : I
thought I had it figured out, but now it’s
appearing with a link between alert box and a
chart. I’m under the weather, so it could
have been my explanation also
[08:56 am]
joeytsa : im just finding it “easier”
to scalp the futures
[08:57 am] taco
: i’ve been getting encouraging results in
futures
[08:57 am] scalpman :
Joey…do you trade one future like
S&P or emini
[08:57 am] Mitch K:
oh ok, the Lightning alert box. i never
tried linking to a chart, does it work?
i would not think that would work because
there is a switch between types of charts
form stocks to futures
[08:57 am]
lisas : So link between Market analyzer
and chart are fine. Linking alert window and
a chart I get the error message that I’m
using the stock version, and need the futures
version, even though I have the futures
version
[08:57 am] Mitch K: i think it is
because you are mixing types of Lightning
versions
[08:57 am] lisas : I have a
futures MA open now, with TSA LightFuture as
a column. Alerts appear in the alerts
box
[08:58 am] Mitch K: and a Lightning
chart can only have a stock or a futures
instrument but the alert box is giving alerts
for both types
[08:58 am] Mitch K: thats
the problem
[08:58 am] lisas : there
is no indicator in the alerts box, and it
works fine with stocks.
[08:59 am]
lisas : I closed my MA with stocks, but
interestingly, I’m still getting alerts in
the alert box for stocks I had in
MA
[08:59 am] apple : HLF on fire
today
[08:59 am] mikewd2 -: LXK
moving
[08:59 am] joeytsa : lisa: i
had that issue a few weeks back, so i closed
it
[09:00 am] lisas : I also have a
ghost stock, CREE. Haven’t used it in weeks,
but still get alerts for it
[09:00 am]
joeytsa : RIG forming asc tri/wedge
patttern
[09:00 am] Mitch K: im sure i am
right about this. a Lightning
chart can handle only stocks or only
futures. because you are linking to the
same chart
[09:00 am] mikewd2 -: is that
good for short or long, joey?
[09:01 am]
apple : i see that on the 15 min
RIG
[09:01 am] lisas : I have it
linked to a different chart Mitch
[09:01
am] joeytsa : yes mike haha
[09:01
am] lisas : May have to do a screen
print and email you to show my set
up
[09:01 am] mikewd2 -: watching LXK if
it nears 26.00
[09:01 am] mikewd2 -: DO
short working nicely
[09:02 am]
joeytsa : i wouldnt long RIG until over
49.25
[09:02 am] mikewd2 -: looking for
70.20 area on DO
[09:03 am] scalpman
: ALF
[09:03 am] joeytsa : did you
lower your stop mike?
[09:03 am] mikewd2
-: maybe 70.35
[09:03 am] mikewd2 -:
yep
[09:03 am] taco : its really
changed how i view entries hinking
aboutbracket orders
[09:03 am]
joeytsa : /GC sitting on S2
support
[09:03 am] joeytsa : good
mike
[09:03 am] mikewd2 -: actually i
moved it to 70.8
[09:03 am] joeytsa
: nice, price has to push thru 5,15 ma to get
there
[09:04 am] joeytsa : taco:
those strangles work decently on
consolidation/ranges
[09:04 am]
lisas : It might be a quirk with Ninja,
wonder if all workspaces run, even if not
opened
[09:05 am] taco : right, i’ve
been noticing awesome
[09:05 am]
lisas : i might have to take one of
their live webinars to ask
[09:05 am]
joeytsa : not sure lisa, i found the MA
aggrevating so i just keep an alerts box up
now
[09:06 am] Ed : no one kept an eye on
the range for break in BIIB
[09:06 am]
taco : nice ed
[09:07 am]
lisas : Well, I just discovered Cree
was on an earlier workspace I saved but
didn’t use anymore. I’ve been getting signals
on it every day since. Although not all the
signals on that workspace have been alerting.
Curious. I used the MA fine for stocks this
week. Helps keep track of calls very
well.
[09:07 am] shark : NFLX nice
run
[09:07 am] Ed : if u missed another
good study chart
[09:07 am] qwert :
real nice on BIIB
[09:07 am] Ed : all
qwerts fault
[09:07 am] joeytsa :
yeah qwert messed up last week too
[09:07
am] qwert : yep all my fault
[09:07
am] taco : funny
[09:08 am]
joeytsa : im going to loosen your
skis haha
[09:08 am] qwert :
yeah that was really fun yesterday
[09:08
am] mikewd2 -: watching SODA at
48.00
[09:09 am] apple : glad to
hear qwert
[09:09 am] taco : NUS up
2%
[09:09 am] joeytsa : /PL has been
ping-ponging between 1574-1575
[09:11 am]
apple : thx E
[09:13 am] mikewd2 -:
going for RIG short again, i like it when we
have nice clear stops
[09:15 am]
shark : I like that idea,
Mitch
[09:15 am] joeytsa : 90 minute
hold time, thats a swing trade to me
haha
[09:16 am] apple : joey, 15 min
is a swing trade to you. lol
[09:16 am]
joeytsa : 🙂
[09:16 am] apple
: sounds interesting MK
[09:17 am]
joeytsa : Mitch: would a longer
timeframe setting do the same
thing?
[09:18 am] joeytsa : AL
Jazeera taking over Current TV
[09:18 am]
apple : gore selling
[09:19 am]
joeytsa : Al Gore could make $125M from
the deal
[09:19 am] apple : good for
him, should have done it last
year…
[09:20 am] mikewd2 -: RIG breaking
out
[09:21 am] shark : different
color might be best way to integrate the two
together, Mitch
[09:21 am] joeytsa :
sounds good, thats why i keep shorter
times/targets on futures
[09:21 am]
joeytsa : trail RIG if you took the asc
tri break
[09:21 am] qwert :
Monitoring FTNT
[09:21 am] lisas :
Something I try to do is multiple contracts.
Then take one off, move stop up and shoot for
a larger target if in line with the overnight
and daily trend.
[09:22 am] shark :
watching NFLX, strong
[09:23 am]
shark : WOW! Awesome,
Mitch!!!
[09:23 am] joeytsa : nice
Mitch : cool thing is you can do
both…
[09:24 am] joeytsa : have
one longer term trade going, but pick off
small scalps in between
[09:24 am]
joeytsa : lisa: thats a good strategy
also
[09:25 am] shark : agreed,
Mitch
[09:25 am] lisas : either way,
Mitch’s point is good. Holder longer can pay
off well.
[09:25 am] joeytsa :
agreed
[09:26 am] joeytsa : out
RIG
[09:26 am] apple : thx
E
[09:27 am] apple : i like the 5
min timeframe, smooths it out
[09:27 am]
shark : nice joey, RIG
[09:27 am]
joeytsa : i never tried that,
what if you have 2 seperate charts up
though?
[09:27 am] Ed : nice trading
joey
[09:28 am] joeytsa : thanks,
got in earlier than my posted buy point..gut
feel trade
[09:28 am] mikewd2 -: come to
papa RIG
[09:28 am] shark : AAPL
testing b/e 3rd time
[09:30 am]
shark : 40% move HLF since 12/24, great
call Mitch
[09:32 am] joeytsa :
Mitch: the other way around that would be to
just take the scalps in the direction of the
longer trade?
[09:33 am] joeytsa :
stopped on DO, took that 2nd short, small
profit
[09:33 am] apple : actually,
joey, if there is volatility, you will make
more money in the long run
[09:33 am]
mikewd2 -: i’ve still have it joey,
DO
[09:34 am] joeytsa : nice mike, i
got it on the bounce to 70.90
[09:34 am]
mikewd2 -: me too
[09:34 am] joeytsa
: not sure about that apple
[09:34 am]
mikewd2 -: watching RIG at 50.00
[09:34
am] joeytsa : pay less commission yes,
but would have more profits
[09:37 am]
mikewd2 -: covered half DO at 70.60
[09:37
am] joeytsa : /GC lost S2
[09:38 am]
apple : nice mike
[09:38 am]
joeytsa : good one mike
[09:38 am]
lisas : well, figured out the problem
with my errors and the ghost symbols. When
you open a new workspace in Ninja, and the
previous vanishes, it’s not really gone,
still working and signaling in the back
ground. Useful to know if you don’t have much
monitor space, but confusing if you are used
to TS!
[09:39 am] joeytsa : thanks
lisa, good to know
[09:40 am] lisas
: MA works well that way, although you don’t
really need it with futures, not that many
symbols. MA is very useful to track room
calls
[09:40 am] lisas : in
stocks
[09:41 am] joeytsa : maybe i
will give it another try
[09:43 am]
mikewd2 -: covered remaining DO S at
70.40
[09:45 am] joeytsa : good
article for those trading or thinking about
trading futures..
[09:46 am] joeytsa
:
http://www.shadowtraders.com/Articles/Futures
%20Trading%20Is%20It%20For%20You.html
[09:
46 am] joeytsa : actually here are a
bunch, but that one above is a good starting
point…
[09:47 am] joeytsa :
http://shadowtraderseminifuturestrading.blogs
pot.com/p/futures-trading-articles.html
[0
9:47 am] qwert : monitoring
ILMN
[09:47 am] apple : thx
joey
[09:47 am] apple : thx
qwert
[09:47 am] lisas : Thanks
joey
[09:47 am] joeytsa : i read
that first one awhile back, got me more
interested in futures
[09:48 am]
lisas : taking off, have a great day
all!
[09:48 am] joeytsa : bye lisa
lisa
[09:48 am] taco : bye
lisa
[09:48 am] shark : bye
lisa
[09:48 am] Ed : c y alisa
[09:48
am] qwert : bye lisa
[09:52 am]
joeytsa : GDI
[09:52 am]
joeytsa : not as good as i
thought
[09:52 am] joeytsa : chart
rescaled
[09:52 am] apple : bye lisa
have fun
[09:52 am] joeytsa : /GC
buy cover signal
[09:55 am] mikewd2 -:
watching GNC
[09:58 am] apple : nice
increase in volume mike
[10:00 am] mikewd2
-: BBBY looks good in 15 day, 15min
[10:01
am] apple : agree
[10:01 am]
shark : FTC govt’ conference on GOOG
coming up
[10:05 am] shark : I vote
Joey for speaker of the house
[10:05 am]
shark : you don’t need to be a member
of congress to win
[10:06 am] mikewd2 -:
stopped on GNC
[10:06 am] joeytsa :
not sure they would like me cursing anyone
out though
[10:06 am] shark : might
be just what they need
[10:06 am]
joeytsa : 🙂
[10:08 am] go4it
: you mean like Boner dropped the F bomb on
Reid
[10:08 am] joeytsa : should
have dropped a cement block on him
🙂
[10:08 am] go4it : 🙂
[10:08
am] joeytsa : they both need a good
lashing though
[10:09 am] go4it : I
guess that was plan C
[10:10 am]
joeytsa : not taking it but PPO 60c
spike down on vol
[10:10 am] mikewd2 -:
GNC working this time
[10:10 am] mikewd2
-: should have waited to 31.00 first
time
[10:11 am] mikewd2 -: whole numbers
seem to attract like a magnet.
[10:11 am]
go4it : Does anybody know what a group
of baboons are called?
[10:11 am]
joeytsa : sure do
[10:11 am]
apple : down on the daily
[10:11 am]
joeytsa : troop
[10:11 am]
shark : good point, apple
[10:11 am]
go4it : Congress
[10:11 am] mikewd2
-: watching LXK
[10:12 am] joeytsa :
its actually troop
[10:12 am]
joeytsa : but congress is also
used
[10:12 am] go4it : google it
Joey
[10:12 am] joeytsa :
http://wiki.answers.com/Q/What_is_a_group_of_
baboons_called
[10:12 am] shark :
lol
[10:13 am] joeytsa : think i saw
it on jeopardy also
[10:13 am] apple
: too funny
[10:14 am] apple : HLF
hitting 36
[10:15 am] shark : NFLX
double top
[10:15 am] apple : looks
like it
[10:17 am] joeytsa : /PL in
a tight range
[10:17 am] apple :
been very strong today, needs a little
pullback
[10:18 am] taco : /PL
04-13?
[10:18 am] joeytsa : catching
breath for push to $100??
[10:18 am]
joeytsa : yes taco
[10:18 am]
shark : could be, joey.
[10:18 am]
joeytsa : about 1-1.5 pt
range
[10:18 am] shark : not seeing
much pullback or bounces in stocks
[10:18
am] taco : ya the 03-13 looks
funny
[10:18 am] joeytsa : AAPL
dropping
[10:19 am] joeytsa : yeah,
dont like the 3-13 one, Mitch liked it
though
[10:19 am] apple : AAPl fot
off the fence, there
[10:19 am]
apple : fot = got
[10:19 am]
joeytsa : /GC just beautiful
today
[10:20 am] apple : nice trades
there joey
[10:21 am] joeytsa :
really starting to like futures more than
stocks
[10:21 am] apple : i hear
ya
[10:22 am] joeytsa : esp when you
compare $ outlay to make the play
[10:22
am] apple : well GNC decided to make a
move there
[10:22 am] apple : agree,
and i like the options even better
[10:22
am] shark : 🙂
[10:23 am]
joeytsa : daytrading options doesnt
work for me
[10:23 am] joeytsa :
will use them on any swings i ever end up
doing though
[10:23 am] apple : i
had bought an .85 call on XOM on monday, now
3.85
[10:23 am] shark : you rock,
apple!
[10:23 am] joeytsa : nice
trade apple !!!
[10:24 am] taco :
woot woot
[10:24 am] apple : thx,
shark, made some other nice moves with GOOG,
MA, BIDU, NFLX, AMZN
[10:24 am]
shark : 🙂
[10:25 am] mikewd2 -: out
half GNC
[10:25 am] joeytsa : great
trade mike, way to stay with your
idea
[10:25 am] apple : nice
mike
[10:25 am] joeytsa : nice apple
on those higher priced stocks..really the
best way to play them, keep it
going
[10:26 am] mikewd2 -: all out
GNC
[10:26 am] apple : thx
joey. i found that is the only way to
go with them
[10:27 am] shark : we
need to get joey on board now,
apple
[10:27 am] joeytsa :
agreed
[10:27 am] apple : nice move
off bottom with AAPL
[10:27 am]
apple : joey, once you go, there will
be no looking back!
[10:27 am]
joeytsa : hard to put up $200K just to
make small profit
[10:27 am] shark :
NFLX 3x hod attempt
[10:28 am] apple
: there is some resistance there
shark
[10:28 am] joeytsa : thats why
i am liking futures, each pt in /GC is
$100/contract
[10:28 am] apple :
joey, you don’t need a boatload of contracts
with the options
[10:28 am] shark :
who’s your broker, joey?
[10:29 am]
joeytsa : for futures or
options?
[10:29 am] apple :
options
[10:29 am] shark : are they
different?
[10:29 am] shark :
both
[10:29 am] joeytsa :
yeah
[10:29 am] joeytsa : options i
have OptionsXpress
[10:29 am]
joeytsa : futures using
TradeProFutures
[10:29 am] joeytsa :
not trading options at the moment
though
[10:29 am] shark :
thx
[10:30 am] apple : joey, if you
want a far less expensive broker –
thinkorswim — you can do both.
infinity futures is good for
futures
[10:30 am] joeytsa : been
thinking of switching options
though
[10:30 am] shark : i agree
w/apple
[10:31 am] apple : i got rid
of options express as a broker a long time
ago… way too expensive … i think it was
$15 roundtrip or something like
that
[10:31 am] joeytsa : might
switch to TS or LS options
[10:31 am]
shark : NFLX thru res, some
vol
[10:31 am] joeytsa : yeah, plus
i havent traded options in a while
[10:31
am] shark : cool, a newbie in the
room
[10:31 am] apple : i am doing
options now in TX, but will open an account
in TOS soon — they are geared toward
options, created by options buys
[10:32
am] apple : guys
[10:32 am]
apple : nice move mike on GNC
[10:32
am] apple : TS – can’t type
today
[10:32 am] joeytsa : i would
only do swings with options, so not overly
concerned about commissions
[10:32 am]
mikewd2 -: ty apple
[10:33 am] apple
: right, joey, the weeklies hold for a couple
of days and then NEXT!
[10:33 am]
shark : really depends on how much your
stock moves, joey
[10:33 am] joeytsa
: plus OpX approved me for options on
commodities, have to see if thats available
elsewhere..if i decide to enter that
arena
[10:34 am] joeytsa : any
swings targets would be multi-point
[10:34
am] apple : TOS has it i
believe
[10:34 am] shark : if I make
50-80% on a naked put, i often close same
day.
[10:34 am] joeytsa : thx
apple
[10:34 am] apple : i don’t do
naked
[10:34 am] shark : see too
many pullbacks on following day
[10:34 am]
shark : have similar rules on long
calls/puts
[10:34 am] joeytsa : more
focused on the in/out trades
currently
[10:35 am] joeytsa : AMZN
over $260
[10:35 am] apple : joey,
the AAPL expiration is a daytrade on friday,
that shark and mike do as well
[10:35 am]
joeytsa : havent played that
yet
[10:36 am] shark : 90 NFLX put
was .55, now only worth .02
[10:36 am]
shark : so you can get big moves on
daily opx prices
[10:36 am] apple :
AAPL has been crapple the past several
weeks. but seems to be shaping up
now. except today…. very
tight
[10:36 am] joeytsa :
right
[10:36 am] joeytsa : lunch
time, see you all in 30
[10:36 am] mikewd2
-: Boehner edged out Joey for Speaker of
House
[10:37 am] shark : AAPL seems
to pause, apple, then run every few
weeks
[10:37 am] joeytsa :
haha
[10:37 am] shark : lol
mike
[10:37 am] apple :
haha,
[10:37 am] shark : we tried,
joey
[10:37 am] mikewd2 -: LVS nice move
today
[10:37 am] go4it :
lol
[10:37 am] apple : also, i think
there was a lot of institutional selling in
December on AAPL
[10:38 am] apple :
bye joey have fun
[10:38 am] mikewd2 -:
HLF still moving, wow
[10:38 am]
qwert : monitoring RRC
[10:38 am]
apple : mike, nice bounce on LVS
yesterday, today
[10:39 am] apple :
thx qwert
[10:41 am] shark : NFLX
halted
[10:41 am] shark : any
info?
[10:41 am] apple : really,
why
[10:43 am] shark : just seems to
be on my charting software, apple
[10:44
am] shark : not co. related
[10:44
am] mikewd2 -: wow – NFLX
[10:45 am]
qwert : according to my esignal last
trade went off at 10:33am pst
[10:46 am]
mikewd2 -: NFLX 97.5 puts look
interesting
[10:46 am] shark : all
my worden charts are showing no price
change
[10:46 am] mikewd2 -: not moving on
TS either
[10:46 am] taco : same
here qwert
[10:46 am] shark : must
be from the exchange data coming
thru
[10:47 am] shark : dow stocks
working fine
[10:47 am] mikewd2 -: dang
GNC continued its move up
[10:47 am]
shark : thx, Ed
[10:47 am]
shark : wow, mike
[10:48 am] mikewd2
-: tried to cancel my put order, but they
traded on NFLX
[10:50 am] shark :
long or short, mike?
[10:50 am] mikewd2 -:
bought ther put
[10:51 am] mikewd2 -:
watching GNC as it nears 32.00
[10:52 am]
mikewd2 -: SRPT
[10:53 am] mikewd2 -: NFLX
moving now
[10:56 am] taco : HLF
testing hod
[10:59 am] victor51 :
Thanks Ed fir GNC +2% all out
[10:59 am]
Ed : think that was mike idea
[11:00 am]
victor51 : Thanks Mike for a nice
long
[11:00 am] taco : nice trade
victor
[11:01 am] go4it : Boner
being crowned head baboon lol
[11:01 am]
mikewd2 -: I think Obama still head
baboon!
[11:02 am] go4it :
lol
[11:02 am] mikewd2 -: Boehner lead
money
[11:02 am] mikewd2 -:
monkey
[11:03 am] go4it : let’s see
if he crys
[11:05 am] taco : channel
ordered HLF sim
[11:06 am] taco :
nice
[11:08 am] taco : i was 100%
profitable on 12 trades in sim
today
[11:08 am] mikewd2 -: wow – very
nice taco
[11:08 am] apple :
congrats taco. wonderful.
celebrate.
[11:08 am] taco :
wow
[11:09 am] qwert : nice
Taco
[11:09 am] taco : ave .74%
profit
[11:09 am] mikewd2 -: HLF
drop
[11:10 am] apple : everything
following SPY, LULU, HLF, AAPL, etc
[11:10
am] joeytsa : correct Mitch
[11:11
am] joeytsa : nice trading
taco
[11:13 am] taco : i’m better
bcause of you all
[11:13 am] apple :
TS keeps freezing on me yesterday and
today
[11:13 am] joeytsa : apple:
did you do the update?
[11:13 am]
apple : no
[11:14 am] joeytsa
: hmmm, a few did it and have had
issues
[11:14 am] cowboyh : buy sig
on TNA 1 min
[11:14 am] joeytsa :
good site Mitch
[11:14 am] apple :
only 2 desktops freeze
[11:14 am]
apple : i started out with
freestockcharts — loved it
[11:15 am]
apple : maybe i should call
TS
[11:15 am] joeytsa : i’ve had
desktops freeze up before
[11:16 am]
joeytsa : i just sign off, back on and
its fixed
[11:16 am] apple : ok,
thx
[11:17 am] joeytsa : taco: did
you see that /PL range break down
[11:17
am] taco : i do now, nice
[11:17 am]
joeytsa : about 10pts overall
[11:18
am] apple : had to do task
manager
[11:18 am] taco : did you
straddle it?
[11:18 am] taco : does
that work a lot or is it just when i try
it?
[11:18 am] joeytsa : missed that
one..was getting ready to break
[11:18 am]
taco : i guess i have to watch for
support and resistance
[11:18 am]
joeytsa : it always works, just not
always how you want haha
[11:19 am]
taco : oh no:)
[11:19 am]
joeytsa : as long as your risk is
controlled, you cant get too hurt
though
[11:20 am] taco : is a danger
a headfake? triggering one and going other
way?
[11:20 am] joeytsa : eye on
NEM
[11:20 am] joeytsa :
yes
[11:21 am] joeytsa : key is to
look for a tight range/consolidation..esp on
something that has a decent overall
range
[11:21 am] taco :
right
[11:21 am] joeytsa : only
other issue i have it that sometimes it moves
so fast that it hits my profit target before
i can adjust it
[11:22 am] murano :
CHKP
[11:22 am] taco : that happened
on HLF sim trade
[11:23 am] taco :
what is this showing?
[11:23 am]
joeytsa : not much you can really
do
[11:23 am] joeytsa : not touching
CHKP, looks a bit manic
[11:23 am]
joeytsa : thanks MItch
[11:23 am]
joeytsa : i got the short term signal
just now also
[11:24 am] joeytsa :
kind of a tight range though
[11:24 am]
taco : did someone do a bunch of market
orders making those lines?
[11:25 am]
joeytsa : gotya, thanks
[11:27 am]
mikewd2 -: CHKP was nice, thanks
[11:30
am] mikewd2 -: there she goes, CHKP
[11:30
am] apple : wow on CHKP
[11:31 am]
mikewd2 -: watching the 50 day,
45.57
[11:31 am] joeytsa : thx
Mitch
[11:33 am] murano :
FFIV
[11:34 am] go4it :
APKT
[11:36 am] mikewd2 -: CLF
[11:38
am] joeytsa : watching HAIN
[11:39
am] apple : murano is great
[11:39
am] mikewd2 -: RIG coming down
[11:40 am]
apple : at least the sun is shining,
cold outside 33
[11:41 am] joeytsa :
WTW jumping
[11:43 am] apple :
wow
[11:44 am] mikewd2 -: CHKP still
moving up
[11:49 am] mikewd2 -: need RIG
to break thru 49.00
[11:49 am] mikewd2 -:
maybe that s/b fall thru – haha
[11:52 am]
mikewd2 -: die RIG
[11:56 am]
joeytsa : keeps making lower highs/lows
mike
[11:57 am] joeytsa : very nice
trading day overall though, plenty of
moves
[11:57 am] mikewd2 -: yeah, just
needs to break below 49.00
[11:57 am]
apple : lots of great ideas
today
[11:58 am] apple : it’s trying
mike
[12:10 pm] joeytsa : geitner to
step down at end of january?
[12:22 pm]
taco : /ZC fell had big round trip sine
early am
[12:22 pm] joeytsa : didnt
even have that one up
[12:23 pm]
apple : that’s what i heard as
well
[12:23 pm] taco : lisa and
Mitch talked yest about it
[12:23 pm]
joeytsa : yeah i remember…think i
will devote another monitor for more futures
charts…
[12:23 pm] joeytsa :
organize them by category
[12:24 pm]
joeytsa : nice Ed, /ES lost 1453
pp
[12:24 pm] qwert : FFIV looking
like it may bounce
[12:26 pm] taco :
thanks Mitch, Ed and all. have apt see you
tomorrow
[12:27 pm] joeytsa : bye
taco
[12:27 pm] apple : great job
today taco. enjoy your
evening
[12:28 pm] Ed : c ya
taco
[12:29 pm] apple : joey, do you
trade forex?
[12:29 pm] joeytsa :
never traded forex
[12:30 pm]
joeytsa : looked into it briefly, just
never gave it much thought though
[12:30
pm] joeytsa : maybe put that on my
to-do list
[12:30 pm] apple :
another ballgame
[12:31 pm] joeytsa
: should trade just like everything
else
[12:35 pm] apple : yes it
should
[12:35 pm] joeytsa : just
like futures, really not much to
learn
[12:35 pm] joeytsa : look for
patterns/setups
[12:36 pm] apple :
yes
[12:36 pm] joeytsa : for scalps,
if swinging/holding longer term then it makes
sense to learn about things
[12:37 pm]
joeytsa : ie: on corn, if you plan to
hold it then you should at least know when
crops are planted/harvested..stuff like
that
[12:37 pm] apple : agree.
right. scalps are scalps. long
term is different.
[12:38 pm]
joeytsa : currencies, maybe learn when
govt monetary decisions are made?
[12:39
pm] joeytsa : can become information
overload
[12:40 pm] apple : very
true
[12:40 pm] apple : mike RIG
almost made it 49
[12:40 pm] joeytsa
: thats why i got away from fa, too much
stuff
[12:42 pm] apple : GOOG really
hit the skids today
[12:43 pm]
joeytsa : /GC just gave nice
trade..
[12:44 pm] joeytsa : dbl bot
on pos div
[12:45 pm] jsn13 : that
is really one of the easiet strategy
joey…nice one….
[12:46 pm] shark
: EUR/USD pull back to 1.30
[12:55 pm]
joeytsa : HAIN nice buy spurt last
hour
[12:55 pm] joeytsa : thanks
Mitch,Ed, traders…really nice trading day,
see if it continues tomorrow
[12:55 pm] Ed
: c ya joey
[12:56 pm] shark : bye
joey
[12:56 pm] apple : bye joey
have fun
[12:58 pm] apple : nice
breakout on HAIN
[01:00 pm] shark :
wow, missed that one
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