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Daytrading with Consensus

Started by Ares, February 08, 2007, 08:37:46 AM

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Which is better

Using a stop loss
2 (100%)
Using a hedge
0 (0%)

Total Members Voted: 2

Ares

Something seems to be up with GNTA.
Does anyone know?
It triggered my 0.35 alert.
Currently, there's about 50,000 shares traded in the premarket.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Active in premarket:
INGN,GNTA,CYTR,INSW,QTWW,CEGE,MAMA.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#302
Watching MAMA's 5.45 resistance(close).
Currently broke the 5.35 previous hourly high
Bounced at the 15 minute 200 ma and is currently trading above the 8ma.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#303
In GNTA at 0.37
trading at least 2.5% above the open
positive net price
above the previous hour's close of 0.369
nice level 2 set up.
green block trades filled up the time and sales.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#305
Quote from: Ares on April 10, 2007, 09:35:15 AM
PRGX at 13.50 as a momentum low entry
Uptrending 3 month/daily Linear regression is currently at its lowest line with RSI(2) below 20.
Waited for a momentum low, when the next minute candle was accompanied by  a slow time and sales print, bid at 13.50.
Exit at 3.74 according to the 1 day/1minute linear regression line/RSI(2), so far it's uptrending.
Profit would have been +0.24 cents.
In at 13.56 (delayed lower linear regression line at 13.58 with the top line currently at 13.82)

12:31ET
What I see is a steep downtrend on the hourly chart (including premarket info)
with a high of 14.93 and a low of 13.15 so far.

12:44ET
It looks like the upper downtrend channel has been broken on the 1 minute chart.
I wonder if this breaks the 13.48 resistance.


Out PRGX at 14.70.

14.70-13.56 = 1.14
1.14 *500 shares = $570
$570 - $30(commission) = $540 profit.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#306
In INSW at 7.08 and going in with momentum.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#307
Out INSW 7.90 because it broke the steep 1 minute uptrend line and it's close to $8 -- a psycological barrier.
7.90 - 7.08 = 0.82
0.82 x 500 = $410
$410- 30(commission) = $380 profit.
This may still go up later but I would have locked profits already.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

MAMA currently trading above the symmetrical triangle in the 1 minute chart.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

MAMA just made a new hourly high( previous high was 5.62) above the 8ma.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#310
Back in at INSWat 8.10 because it broke the daily high of 8.05.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#311
Quote from: Ares on April 18, 2007, 10:05:39 AM
In MAMA at 5.45

Out MAMA at 5.58 because it broke the 3 uptrending lines that I drew in the 1 minute chart.

5.58 - 5.45 = 0.13
0.13*500 shares = $65
65 - $30(commission = $35 profit.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#312
Quote from: Ares on April 18, 2007, 10:27:12 AM
In INSW at 7.08 and going in with momentum.

Out  INSW at 7.90 (my 20 cent protective stop)

I should have gotten out earlier when I saw it stall close to 8.30.

8.10 - 7.90 = 0.20
0.20*500 shares = $100
100 - $30 (commission) = $130 Loss.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#313
In PKTR at 8.93  using the hourly 200ma as support.
This is a risky entry since I'm bottom fishing - buying weakness as people are selling.
Alert at 8.91
Protective stop at 8.73 (20 cents).
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#314
Watching INGN's hourly 200ma currently at 4.75 with an hourly swing low as horizontal support also at 4.75.
Alert set at 4.85.
Changing my alert to 5.08 because the hourly congestion is at 4.98.
Go in with upside momentum or wait for stock to tank and buy close to support.