Trade Recap - 7/29/2011

What an awesome day! There were way too many setups during the first couple hours of the day, I couldn't even keep up. I missed 2 great entries in VPRT, but finally got a small trade in later on. I will show all of these nice setups below. Some of the trades that weren't too great I will not post, but can be viewed in the video recap. Only made $483 today, but I missed 5-7 trades that I should have taken, but was either too slow, eating lunch while watching the charts, or just plain lazy. Could have easily been a $1k - $1.5k day...oh well.

Here's the video recap as well:
http://www.youtube.com/watch?v=0iqDJ8BJVVA

Long AKAM $23.97 with a stop at $23.83 Hit a high of $24.55 (.58/share) without ever hitting my stop. I did get stopped out of this trade after I raised my stop, but the original stop at $23.83 never got hit. Nice trade for someone who had more patience than I did.

Long NXPI $17.52 with a stop at $17.23 Hit a high of $20.00 ($2.48/share) without ever hitting my stop. This was a great trade. Triggered and never looked back. Perfect bullish 3 method candle formation. I also tweeted that I liked this one over $19, but didn't take it as I was at lunch. It made another run to new highs to $20.

Long NTGR $32.11 with a stop at $31.79 Hit a high of $33.51 ($1.40/share) without ever hitting my stop. I watched this one on 10s (something I've never done before) and it gave a nice clean setup as I waited for the entry. If you want to know how I find this kind of setup, join my chat! It's easy!

Long VPRT $29.44 with a stop at $29.20 Hit a high of $29.75 (.31/share) before hitting my stop. I missed 2 great setups on this one before I eventually jumped in here. The first 2 setups made a $1 and $1.50 run each time. $2.50 total.

Missed Trades (Not all are shown, just the biggest ones):

VPRT - Missed out on this one early in the morning, TWICE! Once at $27.50 break and $28.50 break. Such a perfect setup at $28.50 and made a $1.50 run to $30!

VRTX - I tweeted this one as it was setting up and even had a buy stop order in to catch the pop/break-out. It triggered, and I didn't get a single fill. Not even 100 shares! This was one of the biggest misses of the day. Triggered at $51.11 and hit a high of $52.60 (high of day). $1.49/share run!

ILMN - Another big miss early in the morning. I caught this one yesterday for a nice gain on the squeeze and thought it could continue into today which is why I kept it on my watch list. It made a nice early high at $60.91 around 9:55am and hit $60.90 again at 10:30am. I had an order to buy the break at $60.93ish, but eventually cancelled the order after something caught my attention. I look back 10-20 min later and this thing is taking off! Made a high at $63.19 (High of day) $2.26/share run! Well, at least it was a great week...