Day trade on October 3

Entry time: 10.59 EDT. Exit time: 11.24 EDT. Trade duration: 24 minutes Entry price: $34.16. Exit price: $34.56. Strategy: Reversal long. Net profit: 36.50 cents/share. Criteria for taking the trade: 1. The market is in uptrend in the short term (SPY daily chart below). 2. The intraday 5 minutes chart of SPY is also in an uptrend (below). […]

Day trade on September 26

Entry time: 10.49 EDT. Exit time: 11.46 EDT. Entry price: $23.71. Exit price: $24.15. Strategy: Reversal long. Net profit: 41 cents/share. Criteria for taking the trade: 1. The market is in uptrend in the short term (SPY daily chart below). 2. JCP has visited a strong support (daily chart below) and it stopped exactly at its lower point. The possibility […]

Day trade on July 30

Entry time: 09.46 EDT. Exit time: 09.48 EDT. Entry price: $34.97. Exit price: $35.28. Strategy: Reversal long. Net profit: 27.50 cents/share. Criteria for taking the trade: 1. The market is in uptrend in the short term (SPY daily chart below). 2. CBI has visited a strong support (daily chart below) and it was hovering about 15 cents above its […]

Day trade on July 27

Entry time: 09.49 EDT. Exit time: 10.09 EDT. Entry price: $28.10. Exit price: $28.44. Strategy: Reversal long. Net profit: 30.50 cents/share. Criteria for taking the trade: 1. The market is in uptrend (SPY daily chart below). 2. This day SPY began with a gap up and the sentiment was generally bullish (SPY 5 minutes chart below). […]

Day trade on July 26

Entry time: 14.11 EDT. Exit time: 15.15 EDT. Entry price: $24.85. Exit price: $25.28. Strategy: Reversal long. Net profit: 39.50 cents/share. Criteria for taking the trade: 1. The market is in uptrend (SPY daily chart below). 2. This particular day SPY began with a gap up and the sentiment was generally bullish (SPY 5 minutes […]