ABB,ACH,ADBE,ASML,ATHR,AUO,BJ,CAG,CAKE,CGV,CPX,CTL,DPS, EMR,FDX,HOLX,KR,LRCX,MI,NVS,RS,RTN,SAI,SNY,UPS,UST,WFT
DPS (gap down)
First candle wide range red. 2nd is IB, then 3rd is weak breaking OR. We then retrace back up to the OR and slightly close within it on the 7th candle. But again the selling resumes and the 8th is hammer like red which breaks the OR and ema and closes weak itself. This is our short trigger.
Entry: 22.58 Stop: 22.80
Fib Ext: 22.22
1R= 22.36 2R=22.14 3R=21.92
The price moves in our favour and we take partial at 1R (Fib Ext). I was not able to watch the market up to the close, so closed the remainder with about an hour to go.
RTN (gap up)
Bullish first bar is followed by a retracement before we resume the uptrend. The 7th crosses the OR. The 8th is bullish remaining above the OR and ema. Also it closes strong itself. This is our long trigger.
Entry: 59.17 Stop:58.80
Fib Ext: 59.54
1R=59.54 2R=59.91 3R=60.28
After entry we trend up nicely with the ema and take partial at 1R (Fib Ext). I was not able to watch the market up to the close, so closed the remainder with about an hour to go.
Just 2 trades today. Not big gainers, but still ok.
3 comments:
I am trying to sign up with qt, but is confused about data feed. I know you use dtn-iq, but why not just use ib as data feed?
Also, if you don't mind me asking, what data feed package you use? How much you pay for the exchange fee per month?
New to trading, still on paper-trade stage.
nice trades... love the screenshot. Maybe we can start something here.
ethan
I did try using QT with IB datafeed, but I had problems with backfilling etc. This was last year, so maybe it is better now. Anyhow, that is the reason why I use DTN-IQ.
DataFeed Package: NYSE&Nasdaq.
Fee: around $30 a month roughly.
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