Paris trip

FISV & M

FISV & M are the biggest winners of the day.

Hey jude

ORH & ORL play

How Opening range low or high can play an important role in your trading is fascinating. You will find out when you look for support or resistance at opening range high or low. When stocks are trading close to their ORH I call it ORH resistance & when stocks are trading close to their ORL, I call it ORL support. If any stock breaks the ORHR or ORLS it has a better chance for a good run than in a simple breakout. Why not only look for stocks that are trading close to their ORH or ORL?

Candlestick Patterns for Day Trading

Two trades

I was confused about the market action today, in the morning I was looking for short setups, missed some nice opportunities in long side when the market totally bullish. I made two trades today , GG short & DFG long. DFG didn’t go well for me small lose on that.

Technical analysis for beginners

Playing the opening range breakout

Open Range Breakout Daytrading System

Human face fish

Missed a dollar

Market was choppy today & i knew that i have to be quick to take profit,but i was wrong about CAF,i should have waited when it was forming a base.

Chat room

There is a free chat room available for active traders. Last month I was invited to join it. In the chat room there are some experienced swing & day traders who share their ideas with others. If you wanna join send an e-mail to trader blue; traderblu@gmail.com

Summer has come along

Not a bad day

I am happy about my trading but could have been better. There were plenty of opportunities today in the short side. DST,UAUA,NWA,DAL had good setups but i didn't see them in the right time.

Entry v R/R

You want to trade the opening rage breakout but you don’t like the logical stop loss point which is the red line showing it on the chart, what do you do?

My suggestions are:

If you don’t fell comfortable about your entry, stop loss or any thing that bother you, you shouldn’t trade that setup.

Usually stocks rally in their OR will rally in the afternoon too, so wait for the right setup to come, don’t jump in some where you don’t like.

DGX long & AIG short

DGX didn't move much as i expected to move,volume was huge,but what can you do?Some days are like that have to be patient to trade those days.

"I'm gonna live till i die"

Types of trader

According to Van tharp instititue ,there are 15 types of trader : its good to know which kind of trader are we?

• Accurate Trader
• Administrative Trader
• Adventurous Trader
• Accurate Trader
• Artistic Trader
• Detailed Trader
• Facilitative Trader
• Fun-Loving Trader
• Independent Trader
• Innovative Trader
• Planning Trader
• Socially Responsible Trader
• Strategic Trader
• Supportive Trader
• Values Driven Trader

What types of trader are you?

Tharp trader test

Opening range

Opening range play a very important role in day trading. Often opening range high (ORH) & opening rage low act as support or resistance (ORL). In this example we can see that as the ORH has been taken out it become a support for the time being.

Trading hours

Pre-market:
7.30 am -9.30 a.m.
Big players like institutions, market makers, specialist's play time.

First reversal:
The period from 9.50 am -10.05 am is reversal time, reversals can happen very quickly with huge volume. Beginners should be aware of this reversal .

Second reversal:
10.30 a.m.

Lunch period:
Between 11.45 am-2 pm can be very quiet .Big players are usually absent in this period.

Bond market close time:
Bond market close at 3 pm, this time stocks can shift their trend or can get more momentum to their existing trend.

Post -market:
Stocks can be active if news derived from earnings reports is released during this time, as well as any other non-earnings news.

Thoughts of Barry Rudd about time & sale

Time & sale screen shows actual trades, the time, the number of share and price. If you have a trade pattern setup, look at the time & sell screen flow of orders to see if they are being filled at the bid or at the ask price. If you are set up for a trade to the long side, look for trades coming through at the inside ask price of the market makes screen to help you time your entry. Also the inside price level of the market makers will start to move up this is specially true if you see 1000 lot trades coming through the time and sell screen. There are two other computer day trader that are buying the stock and help assist the momentum into the upside move. The rivers scenario is true of the downside move. Time and sell screen are fundamental to help you time your entries and exists for the best trade set ups. Only actual experience will enable you to hone the ability this is why paper trading is important initially. But remember the actual time is learnt when you are begin live trading

Tape Reading (Time and Sales Window)