5 min chart - would like to see a rally up to 10225 setting up a
small H&S within the symmetrial triangle. A break of the
neckline at 10175 would likely correspond with a break down out of
the triangle as we move on in the day.
Might be a nice short setup. Or you could wait and play the
break out of the falling wedge in the coming days. I don't think it
will break out today though. Something to watch.
Posted by kingpin777 on 11th of Jun 2009 at 10:01 am
I can see how that would be VERY annoying.
Personally, I would be embarassed to send an email like that.
You (whomever it is) made the decision to trade it. You should have
read the stats - 4 out of 10 trades are losers.
Get over it.
If someone is worried about 2%, they shouldn't be trading.
The community is delayed by three days for non registered users.
Yeah. I ruined it for
SRS mechanical having another brutal day
Posted by kingpin777 on 25th of Jun 2009 at 12:46 pm
Yeah. I ruined it for everyone.
Yup - and I started
SRS mechanical having another brutal day
Posted by kingpin777 on 25th of Jun 2009 at 12:42 pm
Yup - and I started trading the system in June so I am nicely in the red.
You could say I am a little bitter.
TSX Charts
Posted by kingpin777 on 19th of Jun 2009 at 01:02 pm
60 min chart - overbought and at resistance
5 min chart - would like to see a rally up to 10225 setting up a small H&S within the symmetrial triangle. A break of the neckline at 10175 would likely correspond with a break down out of the triangle as we move on in the day.
Might be a nice short setup. Or you could wait and play the break out of the falling wedge in the coming days. I don't think it will break out today though. Something to watch.
Hope so. SRS 15min system
when I look at a 15 min SPX, I could ...
Posted by kingpin777 on 18th of Jun 2009 at 04:22 pm
Hope so. SRS 15min system had a bit of a rough day. 2 losing trades. And the next setup is for SRS short. Won't happen without the SP500 going up.
Lines finished even so could cross again first thing in the morning.
SP500 5 min
Posted by kingpin777 on 17th of Jun 2009 at 02:20 pm
TSX
tse index
Posted by kingpin777 on 17th of Jun 2009 at 02:08 pm
Sure will do tonight.
Another bull flag?
Posted by kingpin777 on 17th of Jun 2009 at 02:03 pm
Just scalped another 11 cents per share on URE on the previous bull flag.
15 min SRS is close to crossing.
Is this another bull flag?
DJ US RE 5min Bull Flag
Posted by kingpin777 on 17th of Jun 2009 at 12:58 pm
Just played the falling wedge for a nice 10 cent/share URE gain
watch the bull flag
DJ US RE 60 min
Posted by kingpin777 on 16th of Jun 2009 at 12:48 pm
I would look for support at the bottom of the channel. Lime green lines.
Stochastics should be nice and bottomed by then. URE would be a good trade at that point.
Crossed on the 10:15-10:30 candle.
SRS Cross over
Posted by kingpin777 on 15th of Jun 2009 at 10:32 am
Crossed on the 10:15-10:30 candle. Purchase should have been made at 10:30.
DJ US RE 60 min
Posted by kingpin777 on 14th of Jun 2009 at 10:02 pm
DJ US RE 5 min
Posted by kingpin777 on 14th of Jun 2009 at 09:57 pm
A breakout for the dollar
UUP - US Dollar
Posted by kingpin777 on 14th of Jun 2009 at 03:48 pm
A breakout for the dollar would be a perfect fit with my TSX charts.
Go dollar!!!
TSX Weekly
Posted by kingpin777 on 14th of Jun 2009 at 03:34 pm
TSX Fun
Posted by kingpin777 on 14th of Jun 2009 at 03:31 pm
DJ US RE Bull Flag
Posted by kingpin777 on 12th of Jun 2009 at 02:12 pm
DJ US RE 5 min
Posted by kingpin777 on 12th of Jun 2009 at 12:43 pm
I can see how that
regarding the mech systems today, some of them made minor ...
Posted by kingpin777 on 11th of Jun 2009 at 10:01 am
I can see how that would be VERY annoying.
Personally, I would be embarassed to send an email like that. You (whomever it is) made the decision to trade it. You should have read the stats - 4 out of 10 trades are losers.
Get over it.
If someone is worried about 2%, they shouldn't be trading.
That's true Matt. And it wasn't
Posted by kingpin777 on 11th of Jun 2009 at 12:01 am
That's true Matt.
And it wasn't hard to figure out SRS was going to fall back for a few reasons.
1) SP500 reached the bottom of the triangle and bounced back. DJ US RE followed suit.
2) DJ US RE was in a falling wedge on 15 min chart. Prior to it breaking out i sold SRS and bought URE
3) DJ US RE was extremely oversold on 60 min stochastics and hit support and subsequently bounced
I know we are supposed to follow the system but the triangle pattern on the SP500 told me to trust my t.a.
Falling wedge on the 5 min
$DJR 60m
Posted by kingpin777 on 8th of Jun 2009 at 02:31 pm
Falling wedge on the 5 min chart for DJ US RE index
Very oversold on stochastics on 60 min chart
At support line on hourly chart as well. I drew an additional support line on that chart.