Monday, September 22, 2014

Sept 22 2014

Nice day with some jerky action but enough good trades to make it worthwile. Finishing with 1:3 and 1:2 back to back didn't hurt.


Session Time: Mon Sep 22 00:00:00 2014

[09:14] {RonS} good morning gents
01[09:15] {@Threei}  morning Ron
01[09:18] {@Threei}  (EU) ECB's Draghi: Recovery in the eurozone is losing momentum, unemployment is unacceptably high, risks are clearly to the downside
[09:18] {troub} good morning
01[09:19] {@Threei}  troub :)
[09:22] {jfjf64} morni
01[09:22] {@Threei}  jf :)
[09:30] {kikesan} morning
01[09:30] {@Threei}  kikesan :)
01[09:31] {@Threei}  Upside:
01[09:31] {@Threei}  -VIAS +45% (being acquired by TTMI for $368M)
01[09:31] {@Threei}  -SIAL +35% (being acquired by Merck KGaA for $140/shr)
01[09:31] {@Threei}  -CNET +14% (recognized as best Chinese internet company at the China Gateway conference)
01[09:31] {@Threei}  -TKMR +8% (established regulatory framework for Ebola drug)
01[09:31] {@Threei}  -NETE +15% (broker commentary)
01[09:31] {@Threei}  Downside:
01[09:31] {@Threei}  -CRR -8.8% (guides Qs proppant sales similar to Q1)
01[09:31] {@Threei}  -INVN -3% (broker cut from Baird)
01[09:32] {@Threei} Short Setup: FB  77 break
01[09:32] {@Threei}  If holds  .10
01[09:32] {@Threei}  1:1 in a blink of a second
01[09:34] {@Threei} Long Setup:  TWTR  .40 break
01[09:34] {@Threei}  If holds  .30
01[09:35] {@Threei}  let's do hl, a bit spready still
01[09:35] {@Threei}  nah
01[09:38] {@Threei} Long Setup:  IWM  .05 break
01[09:38] {@Threei}  If holds  .95
01[09:38] {@Threei}  Invalidated
01[09:39] {@Threei} Long Setup:  IWM  113 break
01[09:39] {@Threei}  If holds  .90
01[09:40] {@Threei}  Invalidated
01[09:41] {@Threei} Long Setup:  FB  .15 break
01[09:41] {@Threei}  1:1
01[09:41] {@Threei}  fast...
01[09:44] {@Threei} Long Setup:  FB  .95 break
01[09:44] {@Threei}  If holds  .88
01[09:45] {@Threei}  1:1
[09:45] {kikesan} guau
01[09:46] {@Threei}  1:2
01[09:50] {@Threei} Long Setup:  IWM  113 break
01[09:50] {@Threei}  If holds  .90
01[09:50] {@Threei}  nice doji
01[09:52] {@Threei}  stop to .94
01[09:52] {@Threei}  touched 1 cent from 1:1
[09:52] {kikesan} YHOO  long .01 if holds .89?
[09:53] {kikesan} invalidated
01[09:55] {@Threei}  meh
01[09:59] {@Threei} Long Setup:  TWTR  .40 break
01[09:59] {@Threei}  If holds  .30
01[10:00] {@Threei}  *(US) AUG EXISTING HOME SALES: 5.05M V 5.20ME
01[10:00] {@Threei}  *(EU) EURO ZONE SEPT ADVANCE CONSUMER CONFIDENCE: -11.4 V -10.5E
01[10:00] {@Threei}  no go
01[10:06] {@Threei} Long Setup:  INTU  .75 break hl
01[10:06] {@Threei}  If holds  .65
01[10:07] {@Threei} Long Setup:  P  26 break
01[10:07] {@Threei}  If holds  .90
01[10:08] {@Threei}  1:1  INTU
01[10:08] {@Threei}  P two-sided
[10:09] {kikesan} one question Vad
[10:10] {kikesan} INTU has very low volumen today. is it ok to scalp anyway?
01[10:10] {@Threei}  that's why hl
01[10:10] {@Threei}  and its volume today is much higher than usual
[10:11] {kikesan} sorry, what does that mean (hl)?
01[10:11] {@Threei}  half lot
01[10:12] {@Threei}  you've read isntructions at http://www.realitytrader.com/tradingroom/#instructions?
01[10:12] {@Threei}  it has room slang and abbreviations
[10:12] {kikesan} ok. understood now. that makes sense!!
[10:12] {kikesan} thanks Vad
01[10:12] {@Threei}  sure thing
[10:15] {kikesan} YHOO .49 short
01[10:16] {@Threei}  1:1  P  close enough
01[10:16] {@Threei}  half out
01[10:16] {@Threei}  or scalp if you prefer
01[10:16] {@Threei}  hard to tell if it has more
01[10:16] {@Threei}  I'll do half for now
01[10:16] {@Threei}  YHOO nice
[10:17] {nemo} CAT
[10:17] {kikesan} yes, but I dind't know where put my stop and i did'nt trade :-(
[10:18] {kikesan} I saw that could be a good short, but I didn't complete the setup, jejeje
01[10:20] {@Threei}  1/4 more out P
01[10:20] {@Threei}  stop .86 for the last part
01[10:22] {@Threei}  1:2
01[10:22] {@Threei}  stpp to .81
01[10:25] {@Threei}  1:3
01[10:25] {@Threei}  out
01[10:25] {@Threei}  finally decent one
01[10:31] {@Threei} Long Setup:  TWTR  .90 break
01[10:31] {@Threei}  If holds  .80
01[10:32] {@Threei}  Invalidated
01[10:34] {@Threei} Short Setup: GLD  .60 break
01[10:34] {@Threei}  If holds  .70
01[10:39] {@Threei}  Invalidated
[10:46] {jfjf64} fb
[10:46] {jfjf64} bounce time
[10:46] {jfjf64}  /
[10:46] {jfjf64} ?
01[10:47] {@Threei}  .80 break
01[10:47] {@Threei}  if holds .70
[10:47] {jfjf64} yea
01[10:47] {@Threei}  if loses it, same setup .70 - .60
01[10:51] {@Threei}  chsnge to .65 break
01[10:51] {@Threei}  If holds  .57
01[10:51] {@Threei}  valid still
[10:53] {jfjf64} he we go
[10:54] {jfjf64} lol
01[10:54] {@Threei}  Invalidated
[10:54] {jfjf64} yes
01[11:02] {@Threei} Long Setup:  IWM  .40 break
01[11:02] {@Threei}  If holds  .30
01[11:11] {@Threei}  kikesan, see private message please
01[11:16] {@Threei}  no go
[11:17] {jfjf64} tough mkt
01[11:20] {@Threei} Long Setup:  TWTR  .80 break
01[11:20] {@Threei}  If holds  .70
01[11:22] {@Threei}  .1
01[11:22] {@Threei}  1:1
[11:24] {kikesan} BABA moment
[11:27] {kikesan} a lot of spread
01[11:28] {@Threei}  1:2
01[11:28] {@Threei}  closed last part on a trail
[11:45] {nemo} AAPL looks short here below .25
01[11:47] {@Threei} Short Setup: TWTR  .60 break
01[11:47] {@Threei}  If holds  .70
01[12:00] {@Threei}  cover half
01[12:01] {@Threei}  stop .61
01[12:03] {@Threei}  1:1
01[12:22] {@Threei}  fish says hello
01[12:23] {@Threei}  his computer is on the way to his new korean digs, will pop up when it arrives
01[12:23] {@Threei} Long Setup:  FB  .30 break
01[12:24] {@Threei}  If holds  .20
01[12:36] {@Threei}  no go
[12:39] {nemo} YHOO oops
[12:39] {nemo} too late
[12:40] {nemo} https://www.youtube.com/watch?v=niPTEPyJk5c
01[12:43] {@Threei}  rinse
01[12:45] {@Threei}  switching to pullbacks
01[12:52] {@Threei}  IWM
01[12:52] {@Threei}  ugh... wanted it from under .40
01[12:52] {@Threei}  bounced too fast
01[12:59] {@Threei} Long Setup:  IWM  .40 break
01[12:59] {@Threei}  If holds  .30
01[13:02] {@Threei}  Invalidated
01[13:05] {@Threei}  vaidd again
01[13:11] {@Threei}  no go
01[13:11] {@Threei}  backing off, patterns stopped working
01[13:26] {@Threei} Long Setup:  FB  .30 break
01[13:26] {@Threei}  If holds  .20
01[13:27] {@Threei}  a bit too fast
01[13:28] {@Threei}  1:1
01[13:49] {@Threei} Long Setup:  IWM  .50 break
01[13:49] {@Threei}  If holds  .40
01[13:49] {@Threei}  this should be a start of a larger upward move
01[14:01] {@Threei}  come on
[14:01] {nemo} not on a trend down day
[14:01] {nemo} couldn'
[14:01] {nemo} get back to vwap on any index
01[14:02] {@Threei}  this was classing trend reversal setup
01[14:02] {@Threei}  ckassic
01[14:02] {@Threei}  classic
[14:02] {_sebab} lol
01[14:02] {@Threei}  there... I made it
01[14:02] {@Threei}  just on a third attempt
01[14:03] {@Threei}  look at all the long consolidation under .50, from about 2 hours back
01[14:08] {@Threei}  (US) President Obama plans to announce new tools to fight climate change at the summit tomorrow - White House press secretary
01[14:08] {@Threei}  hammer with ice in the handle?
[14:09] {nemo} taxes
[14:13] {RonS} get a load of this...dem guv here...tight race...says to public if he loses he will pardon a convicted killer of 6 people...
01[14:13] {@Threei}  eeck
[14:22] {RonS} 4 were teenagers as was he...Chuck E Cheese murders...they had to close the biz after...
01[14:38] {@Threei}  market is ready for a bounce, me thinks
01[14:38] {@Threei} Long Setup:  IWM  .35 break
01[14:38] {@Threei}  If holds  .25
[14:41] {nemo} two way now?
01[14:41] {@Threei}  no
01[14:41] {@Threei}  not interested in shorting so far
01[14:45] {@Threei}  1:1
01[14:50] {@Threei}  .50 break should get us to 1:2 in a hurry
[14:50] {nemo} or it comees back to test the breakout
01[14:56] {@Threei}  OK, enoug digesting done, time to break
01[14:56] {@Threei}  and run
01[14:56] {@Threei}  fly
01[14:56] {@Threei}  crawl
01[14:56] {@Threei}  whatever, just get to 1:5
01[15:02] {@Threei}  1:2
01[15:13] {@Threei}  that's all?... oh well
01[15:13] {@Threei}  waiting for another long setup
01[15:13] {@Threei}  there has to be one more today
01[15:18] {@Threei}  pamsv, look private message pls
01[15:19] {@Threei} Long Setup:  FB  .50 break
01[15:19] {@Threei}  If holds  .40
01[15:25] {@Threei}  go FB
01[15:25] {@Threei}  run
01[15:25] {@Threei}  fly
[15:25] {jfjf64} lol
01[15:25] {@Threei}  rocket
01[15:25] {@Threei}  explode
01[15:25] {@Threei}  no, wrong spelling
01[15:25] {@Threei}  iksplode
01[15:25] {@Threei}  yes, this is right one
01[15:26] {@Threei}  1:1
[15:26] {jfjf64} keep typing
01[15:26] {@Threei}  hehe
[15:26] {jfjf64} likes it
[15:26] {_pamsv} :)
01[15:26] {@Threei}  you try to type with swimming fins on your hands
01[15:27] {@Threei}  it's all nemo's fault... he was silly enough to say I couldn't type while wearing them, and I was stupid enough to sat "challenge accepted"
01[15:27] {@Threei}  say
[15:28] {jfjf64} this position blotter is great
01[15:28] {@Threei}  told you
[15:28] {jfjf64} logix
[15:28] {jfjf64} takes thinkin out
01[15:28] {@Threei}  one of those features that make you feel loved by software designers
01[15:29] {@Threei}  and don't we all love feeling loved... even nemo
[15:29] {jfjf64} blast off fb
01[15:29] {@Threei}  {FB} for this ritual to work, you need to do a rain dance in pink tutu
[15:30] {jfjf64} that's what im wearing
01[15:31] {@Threei}  hmmm
01[15:31] {@Threei}  maybe wrong shade of pink...
[15:31] {jfjf64} shade is fine
[15:32] {jfjf64} breath
01[15:33] {@Threei}  1:2
01[15:33] {@Threei}  almost
01[15:33] {@Threei}  practicing
[15:33] {jfjf64} milk this one
01[15:34] {@Threei}  pretty much all that is left
01[15:34] {@Threei}  nit enough time for one more
01[15:34] {@Threei}  not'
01[15:36] {@Threei}  1:2
[15:38] {jfjf64} sittin with 1/4 left
[15:38] {jfjf64} ty
[15:39] {jfjf64} stop .60
01[15:41] {@Threei}  :)
[15:41] {jfjf64} out
01[15:41] {@Threei}  good one to finish day with
01[15:42] {@Threei}  knew there had to be a run at the eod
[15:42] {jfjf64} I d say
[15:42] {RonS} wtf?  Wesleyan University orders fraternities to admit female members
[15:42] {RonS} ...beam me up Scotty
01[15:42] {@Threei}  lol
01[15:44] {@Threei}  1:3
01[15:47] {@Threei}  dino has one last day of vacation tomorrow, we need to get as much money from the market as we can before he returns and grabs it all
01[15:58] {@Threei}  thank you all
01[15:58] {@Threei}  have a good evening, see you tomorrow
[15:59] {_pamsv} thanks - see you
[16:03] {jfjf64} good night