MCD Day Trade (Brad Reed Dec8,2014)MCD- Expect opening at 93.40 for a Gap N Go. Watch out for close support zone. Learn this strategy for free at www.RealLifeTrading.com
Reallifetrading
SQNM Day Trade (Brad Reed Dec3,2014)SQNM - Retest Gap so wait 30 minutes then look for bullish break off of 10 or 20 ema on a 5 min chart.
IDRA Day Trade (Brad Reed Dec3,2014)IDRA Retest Gap so wait about 30 minutes then look for bullish break off of 10 or 20 ema on a 5 min chart.
MPEL - Day Trade (Brad Reed Dec3,2014)MPEL Expect open around 23.79 for a Retest Gap. After about 30 minutes, watch for bearish break off of 10 or 20 ema on a 5 min chart. Watch out for strong support at 23.53 and make sure the reward risk ratio is there before tracing a trade.
WBAI - Day Trade (Brad Reed Nov20,2014)WBAI expected to open at 23.50 which clears all recent and significant support. MANY profitable bearish traders, so wait for retest. Look for bearish break off of 10 or 20 ema after 30 minutes or so for entry.
CZR - Day Trade Brad Reed Nov20,2014CZR expected to open in the mid 16.30's which is close to resistance. Expecting an early bearish move before bullish break. Make sure you have a good reward risk ratio. If it gets above 16.50 could take off.
JMEI - Day Trade (Brad Reed Nov20,2014)JMEI expected to open around 19.20 which clears a very long term support line. Expecting many bearish trades to close for a profit which should drive stock upwards in the first 30 minutes. Look for bearish break off of 10 or 20 ema.
GPRO - Day Trade (Brad Reed Nov20,2014)GPRO expected to open around 73.39 trapping short term bullish traders. Expect retest and bounce off of 74.06ish and/or 10 or 20 ema.
BBY - Day Trade (Brad Reed Nov20,2014)BBY expected to open at 37.90 clearing a lot of pivot points. Many profitable traders may exit on open so wait 30 minutes or so for stock to bounce off of 10 or 20 ema
MAS - Day Trade Retest Gap (Brad Reed Nov20,2014)MAS expected to open at 24.5- trapping a lot of bearish traders. Careful Retest gap - watch out for resistance between 24.45 and 24.71
ANR bullishA lot of volume - earnings has passed. Potential double bottom. Looks more bullish than bearish. :)
Real life trader in bull put Nice candles and a strong break above resistance. Should continue higher and the EMA'S should provide some cushion.
Bearish TSLA swingMany bearish signals on this trade. H&S , Island reversal, bearish gap, lower lows and lower highs. Increased volume on the bearish candles and all 10,20,50 EMA'S have crossed bearish.
Bullish gap on ORLYORLY had what I consider to be a gap and go. It broke out of a distribution phase, yesterday's candle was black and it's trapping anyone who sold short. Expect a short squeeze to happy and ORLY continue much higher. Regardless, great risk:reward
