The community is delayed by three days for non registered users.

Yeah. I ruined it for everyone.

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
Couple TSX Charts -

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 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
A few charts for all those who follow the TSX.

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 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.

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!