We traded TUMI and BSFT in the chat today with decent gains. For new members these type of setups are our bread and butter plays. So I decided to dissect intraday setups on a 5 minute chart.Please click on the charts to see notes and setups.
Hey folks! Another strong day in the markets as stocks continue their ramp up on hopes for more central bank action. Traders are acting fairly confident that the ecb and fed are going to do whats necessary. We have seen this song and dance before. The market has been up for a few days though …
Tough trading day in the markets today. The market is stalling right at the upper part of the channel. A push above that channel will be a really bullish sign as we have been in this range for quite sometime now. Until we get a confirmed break of that channel or a confirmed reversal back …
I wanted to review my trade in $HALO today. Anytime you find a strong stock based on earnings or news it makes for a great intraday trader. The way that I like to play these is obviously to look for an intraday setup to buy, whether that’s a flag or a flattop/consolidation breakout. $HALO was …
Read more$HALO Trade Review – Trading Intraday Momentum Stocks