I mentioned the other day that trading sometimes feels like
jogging in a minefield ... and one day you'll step on one of them,
it's just bound to happen. Well, you can also wear a "bomb suit" to
help diffuse the blast if it does happen ... and I consider this to
be a stop in trading! ALWAYS HAVE ONE AND STICK WITH IT ... I was
long CGI avg 8.60, I set a stop at the 34ema / Lower trendline on
the daily to give it a bit of room to move within the pattern ...I
got hit today, but initially, It looked like a "run the stop" flash
drop and rebounded back to the 13min EMA on the 10min chart, but
then a waterfall even got going ... you are not immune to a gap
down, but many catastrophe can be prevented by the use of stops ...
use them, you'll thank yourself one day
Daily/Weekly As much as I like the weekly on Oil, the daily
seems ahead of itself ... some pullback in the mid to high 40's
could set the stage for the next leg up ... or what we have
on daily is a double top ... either way, this looks stretch to me
at an important spot
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JO Weekly
Posted by mla127 on 14th of Oct 2016 at 11:09 am
Nice basing ... now we have the EMA's support and three higher lows ...
ENB
Posted by mla127 on 13th of Oct 2016 at 03:10 pm
$SOX
Posted by mla127 on 13th of Oct 2016 at 03:08 pm
Lots of charts like this .... love it !
BABA
Posted by mla127 on 13th of Oct 2016 at 03:06 pm
XIV
$VIX
Posted by mla127 on 13th of Oct 2016 at 02:24 pm
VIX
$VIX
Posted by mla127 on 13th of Oct 2016 at 01:34 pm
DGAZ
Posted by mla127 on 13th of Oct 2016 at 12:43 pm
XIV
$VIX
Posted by mla127 on 13th of Oct 2016 at 12:34 pm
SPX
Posted by mla127 on 13th of Oct 2016 at 11:46 am
Nice Hammer type Candle so far ... right on support ... may have to get my MC Hammer animated gif again .... :D
$VIX
Posted by mla127 on 13th of Oct 2016 at 11:41 am
Looks toppish here ...
DIS ... Something to watch
Short DIS Update
Posted by mla127 on 13th of Oct 2016 at 10:16 am
UUP (USD) - Monthly
Posted by mla127 on 13th of Oct 2016 at 09:42 am
This could be an epic run on the dollar ...
ATZ.to
ATZ.to
Posted by mla127 on 13th of Oct 2016 at 09:36 am
This thing is firing on all cylinders ... ignores the market completely
NVDA
Posted by mla127 on 12th of Oct 2016 at 11:49 pm
CSIQ
Posted by mla127 on 12th of Oct 2016 at 11:44 pm
CGI ... Yep I was long ... but ....
Posted by mla127 on 12th of Oct 2016 at 11:31 pm
I mentioned the other day that trading sometimes feels like jogging in a minefield ... and one day you'll step on one of them, it's just bound to happen. Well, you can also wear a "bomb suit" to help diffuse the blast if it does happen ... and I consider this to be a stop in trading! ALWAYS HAVE ONE AND STICK WITH IT ... I was long CGI avg 8.60, I set a stop at the 34ema / Lower trendline on the daily to give it a bit of room to move within the pattern ...I got hit today, but initially, It looked like a "run the stop" flash drop and rebounded back to the 13min EMA on the 10min chart, but then a waterfall even got going ... you are not immune to a gap down, but many catastrophe can be prevented by the use of stops ... use them, you'll thank yourself one day
TLT
Posted by mla127 on 12th of Oct 2016 at 02:46 pm
Nice low risk entry for a starter around here IMHO ...
UNG
Posted by mla127 on 12th of Oct 2016 at 11:04 am
Could be flagging here for one more push into tmr's inventory
SD
Posted by mla127 on 11th of Oct 2016 at 09:09 pm
A reborn SandRidge Energy ... with half a Billion in liquidity ... wash, rinse and repeat ...
$WTIC
Posted by mla127 on 11th of Oct 2016 at 08:50 pm
Daily/Weekly As much as I like the weekly on Oil, the daily seems ahead of itself ... some pullback in the mid to high 40's could set the stage for the next leg up ... or what we have on daily is a double top ... either way, this looks stretch to me at an important spot