Nice job on holding the Natgas trades guys. In hindsight perhaps i should have been buying UNG instead of BOIL, leverage in a powertrend is nasty. Going to make a note in my trading plan. 100% conviction in the trade, as it's a commodity, not Bed Bath and Beyond, but didn't add as much as i planned, and the pain memory of being down caused me to exit with a decent winner, but not certainly what i had hoped for. Had visions of cigars and champagne on this trade, ended up with a case of keystone and a pack of menthols lol, and i don't even smoke. The psychology of this trade was absolutely fascinating, and worth it, in my opinion. 

Thank you! Needs more study, and i need to see how it works on the short side. Similar i imagine. I usually sell too early lol, so having some bigger targets, with some technical backup, is very helpful. More 'r's on winning trades would definitely help with the profit margin. 

Oh you need an entry setup on those, often over the base! Or somewhere around the 2 or 5 min 20ma on a pullback. Price usually waits for it to catch up after the first thrust.

Maybe you guys use this, but been working/studying/trading something pretty awesome, symmetry/momentum intraday, the measured move i suppose.   I guess it's an ABC? Needs a cooler name.  Maybe ZZ Top trade because she's got 2 equal legs? haha. Essentially it's symmetry applied to intraday moves to find targets. Sooo many reach the target, almost exactly, it's crazy. The most important component is the initial thrust, straight up that doesn't extend too far! A powerful move, without pullbacks. Something popping on volume, for me it has to be a good chart of course, not a thrust into ma's or something. Corrects over price or time, and moves higher, equally! Measure from swing low to swing high on both legs. I've always loved this trade because it has a target you can generally rely on, recently starting drawing some up. Took a couple of these, 90% are right to the penny, some come up a little short. My number one trade pattern i'd say, at this point. Works on the gappers as well. Thoughts welcome! Any of you use this intraday? I know we use on larger time frames.

Yeah came close to that 60 min downtrendline. Took some there.

And the Oscar for best systems goes to .....Matt and Steve. 

NTR is moving as well, no setup yet.

MOS nice move! I definitely like to look for stocks/patterns that are diverging, if you will, from the overall market. Works nicely on intraday trades as well, a stock that's basing i.e. while the market trends down for example, or vice-versa. Sold most of my BOIL, will watch for proper entries from here. Exhausting trade!

Right! AI I tried to get borrows the last few days. No luck.

WDH finally perking, let's see how it acts at the top trendline.

UNG nice hourly trend going, held today, 20ma slowly curling underneath on the daily. Still feel it needs rest, but holding. WEAT at some long term support with a doji.

CI LLY ELV getting squashed. LLY getting extended from my Sunday ideas. MOS had decent move, needs rest. BTU into the ma's now, and WDH=dog lol, that's what happens when i buy a little in the middle of a pattern.

Like the pattern on AG, silver stock. Potential trend change setup. A Wide range breakdown, huge volume bar, followed by a narrow bar. Long over the doji 6.15, stop 5.89. If breaks lower, it's a continuation play lower, but extended so i'd probably pass on the short. 

AI earnings Thursday after close. Been watching for a quick trade as well.

That BOIL trade was cray. Finally trimmed some, 6 is my cost average. Good conviction, but painful. Just don't see 11/12 week moves like that often, 20 out of 25 red or so going further out. Will wait for daily setups from here, near the 20, or hourly pivots etc... just wish it didn't gap every day. I think the bottom is in, but let's see if we get a trend after a pullback/base.  Maybe daytrade a little KOLD here and there.

Nice Natgas rally. Ideally a gentle pullback on UNG or a few days of sideways, let the 20ma curl under. Unless it wants to rip through 9! Weekly 9ma at 10.00ish.

A few ideas. The weakness is healthcare is notable, a move away from safety perhaps, even in this latest decline has stayed weak. XLV is a little extended here, so may need a couple days. I noticed Steve had HCA recently. Short ideas: CI, recent long term trend break. $300ish resistance,  pinching between declining 20 and the 200ma. ELV nice pattern. LLY multiple 320ish tests. Longs: Coal name BTU rangebound 25-30, back near 25, slightly aggressive long term support buy. Lots of support here, room lower if breaks down out of the pattern. WDH China name,  so smaller size, staying put while China names and market selloff. Long base, beautiful chart. Should get a nice move either direction it chooses, but favor higher. MOS good r/s, close above 200, inside bar, ascending triangle, some resistance above only downside. TWLO at the 20, and AI small daily bar/hourly are interesting as well.

I trade almost exclusively with the 20ma as a guide, all time frames. If it's extended away, i look long. SPY Daily is flattish, and price extended away from the 20, the rising weekly 20 says buy, curling down monthly says short. Yikes! lol. The trendline backtest is interesting,  pivot support at 393.50 and price is above the 200ma on all time frames as well. I could see a rally to 405ish and then re-evaluate, resistance and the declining daily 20ma would be there by then. Interesting couple months ahead.  A rally to 4300 would be awesome.

For me i want to see the 5 min 20 curl up on NUGT, pullback to it.

Too thin. NUGT has enough for me, will wait for a 5min trend. Already got GFI.