Todays momentum plays

I started out today showing a trade in SKF and was going to leave it at that but it kept giving good signals all day so I continued to post. If you start at the first post of today and work backwards you'll see things unfold as the day does. There was never a time to panic and if you traded it too you I hope were able to see what I was seeing. Playing the momentum in the markets and stocks is surely an easier way to trade than filling your head with reams of information and opinions of others. Listening to the relaxing music at http://www.oemradio.org/ sets my brain up in the zone. Try it, you'll like it.

2 minutes to go , sold SKF + $ 7.00

bot SKF again

less than 15 minutes to go, I 'm taking profit here + $ 25.60 and done for the day unless markets plunge again

now it becomes an exercise in money management. 40 minutes to go in the day, SKF making new highs. Trend is up, just go with the flow.












markets crashing nicely

markets making big moves down from their pop earlier. good place to add size to SKF long














markets crashing nicely

way too many stocks making new lows right now so I covered SKF short +$ 3.20 and gone long. market pop doesn't have any force behind it.

SKF showing weakness/market showing strength by breaking some intraday support. good place to add more size and pile on.















green lines show short SKF entries

market is slowly rising
















so sold SKF + $ .90 and short again

got out of GOOG taking a $.30 loss and cover SKF for + $ 1.60 and long again.

SKF stalled again so I'm taking a small profit and going short.


doji on SKF 15 minute chart












gone short here again














tis time around the rise in GOOG was my deciding factor instead of the QQQQ and S&P charts. I'm long GOOG at top red line level.

Momo suddenly turned back to original trends. So I covered SKF for $.70 and went long again.













markets showing weakness again, signal to go long SKF

SKF is stalled so time to sell and take the $6 run and go short.















S&P and QQQQ shows markets are stalled and possible market turn.

SKF also made a doji on the 15 min chart. Another indication that it is more probable to rise than fall.

SKF stalled around previous support. Prudent to take the $2 gain and go back long.














Markets stalled as well so probability is on markets falling, SKF rising.

markets are showing strength, momo is in SKF short at the moment.

Sold SKF + $2.25 as it stalled around the previous daily high and gone short again.

Momentum signals

Took the $2 short profit in SKF and went long again.















S&P and QQQQ show market pop is slowing. Time to cover SKF short and go back to the original trend.

Momentum signals

The following four posts detail a momo signal trade for me. Start at the 4th post and work your way back to this post to see the real time progression.

Take the $3.50 run in SKF and trade it short now.












S&P and QQQQ show the market weakness momo is slowing.This is my indication to play the probability of shorting SKF.

Momentum signals

GS is falling at the same time.

Momentum signals

QQQQ and S&P show weakness is continuing

Momentum signals

Here's the set up. Market is weak today and selling off. SKF is in an uptrend. Red line marks entry in SKF after a pullback.