Monday, May 30, 2016

8 Intraday Trades to Develop

Trend Trend Trade
  • Long Term and Short Term Trend Align (Daily / Intraday)
  • News catalyst in direction of trend
Changing Fundamentals
  • Can also be a subset of trend trend trade
  • News release that changed long term fundamentals
  • 50% + volume done pre market if part of earnings release
2nd Day Trade
  • In play stock day 1
  • Closed in top or bottom 20% of daily range
  • Can take as swing from first day with half size
  • Trade off day 1 key levels
Support and resistance
  • Align with key levels in market
  • Consolidation periods are best
  • Level should be 7 or higher
  • 1st test of key MA or VWAP
Fade plays
  • Countertrend trade
  • Market should be near key level
  • Multiple days 3+ in same direction
  • Key level on stock chart
  • Low probability trade
 High Beta Plays
  • High beta stock like AMZN, TSLA, GOOG, HLF, SBUX +
  • Key technical level
  • News Catalyst
  • Key market technical level
  • Increased volume
Gap and go
  • Stock holding above gap level at 10:15am
Gap and fade
  • Gap into resistance or support area
  • Gap fails to hold after 10:15am

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