Posted by frtaylor on 21st of Dec 2011 at 03:42 pm
GDX:GLD ratio on the 60 min chart starting to edge over the
trendline. Matt, this close to the close would you buy at the
close if it remains over the line?
Posted by frtaylor on 21st of Dec 2011 at 11:25 am
Closed IMAX for a loss. Something that helped me on my
stop was this from tradershuddle.com:
IMAX's current stock range is defined by current calculated support
defined at $18.94 and by the resistance level at $21.84, which
should be used by traders planning their trades.
Posted by frtaylor on 18th of Dec 2011 at 05:49 pm
Matt, what do you think about the AL chart? I stopped out
when it went back into the wedge. To this novice it now looks
like a good short since it broke the lower support line then had a
bounce up to but not exceeding the upper breakout line. If it
builds a lower high it could morph into a h&s. Or is it
just too messy now w/ all that up/down action to divine a trade
from?
Posted by frtaylor on 17th of Dec 2011 at 08:36 am
Cool book, first time I've had a chance to look at it.
Thanks for posting it earlier this month.
GDX has had the requisite number of touches on each border (at
least 2; it's got 3). The volume pattern has some peaks but
overall looks slightly downtrending, suggesting a downside break.
Bulkowski warns, though, that volume only correlates to
breakout direction a bit more than 50% of the time, so it's
only suggestive.
One thing to note is it's a 15 min chart, so the move will not
be anything like the daily charts Bulkowski shows as examples.
Posted by frtaylor on 16th of Dec 2011 at 09:43 am
Naturally, it broke the neckline outside of regular trading
hours, and now has gone back above it once trading started.
Could we get anything more ambiguous?
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I bought a very small
DEXO still a nice pattern
Posted by frtaylor on 22nd of Dec 2011 at 04:01 pm
I bought a very small amount in my IRA.
still hooked and watching screens.
I see that most of the recent posts are from ...
Posted by frtaylor on 22nd of Dec 2011 at 03:00 pm
still hooked and watching screens. 25/170/25 gave a good early signal on the 5 min SPX, price fell and the 80% sto level was lost. I'm in!
VR having a pullback, maybe
Posted by frtaylor on 22nd of Dec 2011 at 09:35 am
VR having a pullback, maybe a good entry.
I have yet to ever
CIE monster
Posted by frtaylor on 22nd of Dec 2011 at 07:23 am
I have yet to ever catch one of these! great ride for whomever was in.
GDX - 60 min buy signal
Posted by frtaylor on 21st of Dec 2011 at 03:42 pm
GDX:GLD ratio on the 60 min chart starting to edge over the trendline. Matt, this close to the close would you buy at the close if it remains over the line?
VR - just broke above
Trade Ideas update
Posted by frtaylor on 21st of Dec 2011 at 03:32 pm
VR - just broke above cup rim. Picked up some, fingers crossed.
Closed IMAX for a loss.
Posted by frtaylor on 21st of Dec 2011 at 11:25 am
Closed IMAX for a loss. Something that helped me on my stop was this from tradershuddle.com:
IMAX's current stock range is defined by current calculated support defined at $18.94 and by the resistance level at $21.84, which should be used by traders planning their trades.
HANS pulling back
Posted by frtaylor on 19th of Dec 2011 at 10:47 am
just a backtest? volume lacking on the initial breakout.
AL - still a long idea or a short now?
Posted by frtaylor on 18th of Dec 2011 at 05:49 pm
Matt, what do you think about the AL chart? I stopped out when it went back into the wedge. To this novice it now looks like a good short since it broke the lower support line then had a bounce up to but not exceeding the upper breakout line. If it builds a lower high it could morph into a h&s. Or is it just too messy now w/ all that up/down action to divine a trade from?
Cool book, first time I've
GDX 15 min chart rectangle pattern
Posted by frtaylor on 17th of Dec 2011 at 08:36 am
Cool book, first time I've had a chance to look at it. Thanks for posting it earlier this month.
GDX has had the requisite number of touches on each border (at least 2; it's got 3). The volume pattern has some peaks but overall looks slightly downtrending, suggesting a downside break. Bulkowski warns, though, that volume only correlates to breakout direction a bit more than 50% of the time, so it's only suggestive.
One thing to note is it's a 15 min chart, so the move will not be anything like the daily charts Bulkowski shows as examples.
Naturally, it broke the neckline
US Dollar potential 30 min H&S pattern
Posted by frtaylor on 16th of Dec 2011 at 09:43 am
Naturally, it broke the neckline outside of regular trading hours, and now has gone back above it once trading started. Could we get anything more ambiguous?
Why is SPY about flat
Posted by frtaylor on 16th of Dec 2011 at 09:27 am
Why is SPY about flat and SSO up over a percent here pre-market?
bought yesterday.
Other Trade Ideas updates
Posted by frtaylor on 9th of Dec 2011 at 02:43 pm
bought yesterday.
lost the S2, volume somewhat
GDX
Posted by frtaylor on 8th of Dec 2011 at 10:02 am
lost the S2, volume somewhat high, I don't think we've reached a bottom for the day.
measures to 58.70, we'll see....
GDX - inv h&s?
Posted by frtaylor on 6th of Dec 2011 at 12:03 pm
measures to 58.70, we'll see....
Off and running.
GDX - inv h&s?
Posted by frtaylor on 6th of Dec 2011 at 12:02 pm
Off and running.
backtest!
GDX - inv h&s?
Posted by frtaylor on 6th of Dec 2011 at 11:59 am
backtest!
almost there....
GDX - inv h&s?
Posted by frtaylor on 6th of Dec 2011 at 11:45 am
almost there....
GDX - inv h&s?
Posted by frtaylor on 6th of Dec 2011 at 11:26 am
looks like we have an inverse head and shoulders shaping up on the 5 min GDX chart. Break point is 57.95.
That's correct, statistical confidence only
SPX monthly long term system simplified
Posted by frtaylor on 5th of Dec 2011 at 09:51 am
That's correct, statistical confidence only begins w/ about 20 data points. Ideally 30.