Day Trading Radio Blog Alert - DayTraderRockStar Best Bet for next week and awesome watch list

Published: Sat, 05/17/14

 
 

2014-05-16 23:22:52-04
DayTraderRockStar Best Bet for next week and awesome watch list

Yes I am going out on a big limb here  extremely bullish on FSLR for early next week, and 2 other best bets look great. In fact the watch list doesn't have a weak stock this week except maybe the slower moving one like PFE or HSY other then that expecting great moves out of this weeks list. The Watch list can be viewed here

http://hps.daytradingradio.com/

During my time off the mic today I wanted to record the action of the Tradeometer and combine it with live trades of the TNA which is the small cap bull directional ETF. I am finding this a suitable alternative to trading the more volatile emini future contact. But after seeing the alerts in action there is no doubt that the bigger money and faster moves will come from the es. Its really up to you on what risk you want to take and how you want to approach the trade. The tradeometer and HPS methodology will show you the best entries without a doubt.

Below are the raw videos ( I am not able to edit and get home at a decent time)

 I try to show the patience needed to really get the good trades. As i always say here and on the show the entries are the easy part, It's the exits that are killer. The first trade of the day was the best entry of the day and these are the type of trades are the text book kind of trades you have to wait for. 

The first video goes over all the ins and outs of what you see on the screen during the day , what the yellow circles mean and the other lines and shapes, A very good overview but in a non edited view the first trade is taken  @ 13:40 into the video

http://youtu.be/fOlis--sV8o

The Second Video is also unedited and shows the second trade of the day and more information

http://www.youtube.com/watch?v=c0kz73x8bvc&feature=share&list=UUTRIFOak6FixJMP-vqz3WGA&index=2

The Third

http://www.youtube.com/watch?v=cA1gTsU4tnQ&feature=share&list=UUTRIFOak6FixJMP-vqz3WGA&index=1

The last 2 trades i took was the oversold alert at 1:00 area and it stopped me out -16.00 and then a Long at 1:05 p, that was a pure HPS profile line and tradeometer combo and took a profit of 32.00.

The Numbers don't sound big they add up.  I also kept things at a minimum to give us a base line to work with next week I will continue to focus just on the pure HPS zones and remember these are the area that we have both a Orange Profile Line and/or one of the other indicators (established trend lines, Pivot Lines,. Support  or Resistance ect)

Also remember if the trade doesn't feel right there will be others coming after it.

DayTraderRockStar




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