Session Recap 8/30/16

What's up guys, just going to post a review of the trades I made along with trades I missed. The watchlist hasn't changed I didn't come across any more hot charts in my scan tonight. Maybe take $GSAT off and $CSTM after tomorrow....more on that in a minute. I'm just going to talk about my intraday patterns and setups which you can go see them spelled out by clicking the link "Setup Reference".

So, I started the day with my few picks that I alerted on Twitter: 

The chatroom I'm in was playing up $THLD and took that for the AMF breakout, as seen below.

Took about a 40$ loss I believe.

I then saw that $RIGL flagging up so I waited for the break and got it and traded as you can see on the chart below.

Now as you can see I left like 75% of my profits on the table. Which was a bummer but these summer months are unpredictable. I ended green on the day, which made me hella happy! 

I didn't trade anymore because the closer I get to my class time the more hesitant i become because I don't want to get tied up in a stock while at school...But here is what happened.

$RIGL broke out of an NF pattern and ripped almost another 10% which I believe I alerted on Twitter.

While I was at class $CSTM ripped really nice. Had I been holding the gun I would have pulled the trigger and be currently holding this bad boy overnight. This will more than likely be on the watchlist tomorrow morning for a scalp because I am looking for some quick momentum at the open. Then possibly a decent short as profit takers come in. 

This is why it is important to find those intraday momentum movers in between these nice swing plays, they fill the void and help diversify. It is then even more important to know how to play them! I would like to think my method is a great one but I am sure there are some that are better. But the point is to have rules and stick to them! DISCIPLINE!!! I cannot stress that enough! If you wan't to follow my strategy then please, study that setup reference, If you missed where I said that was it is over to the right labeled "Setup Reference"! I would love to see people profiting from this strategy and these setups. 

If you want to know what stocks I am using these setups on, please follow me on Twitter and StockTwits! If you want some motivation and updates, Follow me on Instagram. If you have any questions please email me. All this information is in the welcome message at the top! 

That is it for me today, see y'all tomorrow at 9:30 sharp! Feel free to give me some feedback on any of my post! Also check out my Watchlist post below!

Always remember,

Stay Educated. Stay Disciplined. Stay Profitable.

Take Care Guys,

JP