Trading Notes: July 17th

Not all of our day trades for today triggered. Many gapped at the open and usually we do not chase the gaps unless they are very near our entry. We generally enter gapped trade based upon ORB. Modify the entry levels based upon the ORB – Opening Range Bar (first 30 minute candle)

  • AMCX (long) entry to 64.00
  • KMI (long) entry to 36.48
  • MSFT (long) entry to 45.81
  • SAP (long) entry to 81.49
  • OCN (short) entry to 35.54