Posted by hurricanemalta on 12th of Apr 2012 at 07:15 am
Gregory Morris has one and Steve Nison another...I enjoyed both
and also Bulkowski.I have a hard copy of the first two but
got the third off the net as as a pdf.Frankly I got sick of
carrying the first two copies everywhere as I live in 3
countries and excess baggage became a problem so got
soft copies off the net of the first two also .If I can get 3
free soft copies then anyone can!
For me understanding candlesticks is like turning a B and W
chart into colour..learn and enjoy.I have no understanding how
people trade without a candlestick understanding
Posted by hurricanemalta on 27th of Oct 2011 at 10:56 am
Note the MA 200 (blue) touches ..many times we get a bit
of an overthrow at the MA 200 to flush out weak hands so I am
hanging in here with a half position taken at the open and
plan to add even if we move a little higher.Of course the MACD etc
is straight up so we are fighting some bullish indicators for
sure. I am not planning on exiting so quick but I must admit that I
have had timely shorts on this recent move up and covered
well so I actually am happy to let this short ride a bit more even
if it moves a bit against me.That said stop losses are vital but
I'll give it a bit of room anyway as just is such a dream short
IMHO.Confluence of resistance from 3 major lines.As I said if we
don't short here where do we short?
Posted by hurricanemalta on 27th of Oct 2011 at 10:34 am
Sorry I haven't looked at many posts or newsletters
recently so excuse me if already posted but my simple chart shows
blue $SPX uptrend line since 2009 with FIVE touches and red H
and S neckline and 200 day ma all offering resistance on this
backtest.If this isn't an objective short I have no idea what
is!BUT this seems a completely broken stock market so maybe none of
the above matters anymore.
Posted by hurricanemalta on 26th of Oct 2011 at 04:36 pm
I cannot imagine ANY Italian ever letting any of those
wonderful buildings go.As I went to the Leaning Tower last week , I
can say it is the cutest of the cute and I am sure every Italian
would deservedly give every banker in the world the middle
finger(Blankfein would get two) before they let them go.Italy may
have financial issues but OMG it is untouchable for historic beauty
and they understand life so well even if they are bust!
Furthermore they have perfected the sweetness of doing nothing
and you can't blame them for that if they can get away with
it!...'Il dolce far niente'.
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Candlestick books..love them all
Candlesticks
Posted by hurricanemalta on 12th of Apr 2012 at 07:15 am
Gregory Morris has one and Steve Nison another...I enjoyed both and also Bulkowski.I have a hard copy of the first two but got the third off the net as as a pdf.Frankly I got sick of carrying the first two copies everywhere as I live in 3 countries and excess baggage became a problem so got soft copies off the net of the first two also .If I can get 3 free soft copies then anyone can!
For me understanding candlesticks is like turning a B and W chart into colour..learn and enjoy.I have no understanding how people trade without a candlestick understanding
Lets remember he is the longest running post war Italian PM so now we will be back to the BS of changing them every month.BTW Steve Silvio is NOT Italian president.That is Napolitano.
Talk is Italy President Resigning ITLAY'S BERLUSCONI TO RESIGN AFTER APPROVAL ...
Posted by hurricanemalta on 8th of Nov 2011 at 01:59 pm
I was watching gold as it is at the gap down at approx174 on GLD and the 61.8% retrace of the recent high to low move.
SLV
Posted by hurricanemalta on 7th of Nov 2011 at 01:24 pm
No frtaylor I was simply referring to the actual $SPX 15,$spx60 charts which are actually showing intraday volume today for the first time ever on STOCKCHARTS.Sorry for the misunderstanding.
Hope you guys are noticing the intraday volume on the intraday' stockcharts' charts..like 15 min $SPX etc..finally..seems to have started today for the first time!
Posted by hurricanemalta on 7th of Nov 2011 at 12:53 pm
Hope you guys are noticing the intraday volume on the intraday' stockcharts' charts..like 15 min $SPX etc..finally..seems to have started today for the first time!
Posted by hurricanemalta on 7th of Nov 2011 at 12:27 pm
well Gerard Appel the inventor of the MACD uses it across all time frames to avoid whipsaws(less whipsaws lol!!)..but slower signal.
at the moment the daily MACD just crossed for a bearish
Posted by hurricanemalta on 7th of Nov 2011 at 11:06 am
thanks mrab.Watch the 19,39,9 setting for better confirmation IMO.
at the moment the daily MACD just crossed for a bearish
Posted by hurricanemalta on 7th of Nov 2011 at 10:58 am
Every politician/banker has warned us of a bloodbath recently and I am yet to see one in the last few years.More BS to scare the masses.
The lady is German and the guy is Greek
Posted by hurricanemalta on 4th of Nov 2011 at 05:14 pm
Worldwide everyone is just too busy watching American Idol or the like.Sad but true marketguy.
btw, how are the...
Posted by hurricanemalta on 4th of Nov 2011 at 09:39 am
Back testing relevant resistance on two important trend lines and the MA 200 is pretty good reason for me.What more do you want for an objective short?
$spx 5 bearish wedge?
Posted by hurricanemalta on 27th of Oct 2011 at 01:31 pm
$spx 5 bearish wedge?
Posted by hurricanemalta on 27th of Oct 2011 at 01:26 pm
http://stockcharts.com/h-sc/ui?s=$SPX&p=5&yr=0&mn=0&dy=3&id=p63134195425&a=245798421
note the MA 200 common overshoot to flush out weak hands
SPX daily..got to be an objective defensible short here
Posted by hurricanemalta on 27th of Oct 2011 at 10:56 am
Note the MA 200 (blue) touches ..many times we get a bit of an overthrow at the MA 200 to flush out weak hands so I am hanging in here with a half position taken at the open and plan to add even if we move a little higher.Of course the MACD etc is straight up so we are fighting some bullish indicators for sure. I am not planning on exiting so quick but I must admit that I have had timely shorts on this recent move up and covered well so I actually am happy to let this short ride a bit more even if it moves a bit against me.That said stop losses are vital but I'll give it a bit of room anyway as just is such a dream short IMHO.Confluence of resistance from 3 major lines.As I said if we don't short here where do we short?
SPX daily..got to be an objective defensible short here
Posted by hurricanemalta on 27th of Oct 2011 at 10:34 am
Sorry I haven't looked at many posts or newsletters recently so excuse me if already posted but my simple chart shows blue $SPX uptrend line since 2009 with FIVE touches and red H and S neckline and 200 day ma all offering resistance on this backtest.If this isn't an objective short I have no idea what is!BUT this seems a completely broken stock market so maybe none of the above matters anymore.
haha...16 pages of lies no doubt...the Italian way!
Dear EU,
Posted by hurricanemalta on 26th of Oct 2011 at 04:53 pm
Viva Italia!!
Dear EU,
Posted by hurricanemalta on 26th of Oct 2011 at 04:36 pm
I cannot imagine ANY Italian ever letting any of those wonderful buildings go.As I went to the Leaning Tower last week , I can say it is the cutest of the cute and I am sure every Italian would deservedly give every banker in the world the middle finger(Blankfein would get two) before they let them go.Italy may have financial issues but OMG it is untouchable for historic beauty and they understand life so well even if they are bust!
Furthermore they have perfected the sweetness of doing nothing and you can't blame them for that if they can get away with it!...'Il dolce far niente'.
Viva Italia!!!!!!
exactly sankaty!
check the wires
Posted by hurricanemalta on 26th of Oct 2011 at 01:50 pm
Matt are you still looking for a GLD move below the MA 144??
GDX Renko
Posted by hurricanemalta on 24th of Oct 2011 at 04:19 pm
rules say intraday stop is valid (rule 7)so the trade is a loss IMO as the stop out occurred..
GDX System Status
Posted by hurricanemalta on 20th of Oct 2011 at 03:54 pm
But GLD has bounced off the MA 144 around 9 times..doesn't a close below that level really indicate something IS different this time?
Gold nice
Posted by hurricanemalta on 20th of Oct 2011 at 12:51 pm
that is one nasty shooting star candle if it closes like that
aapl
Posted by hurricanemalta on 20th of Sep 2011 at 03:14 pm