Trend is still down. Stock is below ma and low of the day is 10.21
Gordon, check out the chart now, 2 red candles trend failed and stock is trading back below the 5ma. This is what SE was talking about. Now if...
has retraced back to 10.33 havent reentered since the dow, nasdaq are selling off a little. Looks like cisco wants to trade back down.
Okay Gordon, I am out at 10.45 now I look for it to pullback to a lower price but probably above my previous entry to go in again. Note,...
oops here is the pic
this is how it looks now. Notice 3 green candles ma is sloping up and stochastics is turning. Also candles are taking out previous candles high.
P.S. Just bought it at 10.34 (it traded to 10.37 first, bought first pullback).
By the way, in the above chart, the 5ma is at 10.33 so we have to see it trade through this (and not by a penny). This means that if we decide to...
Gordon, Look at this chart of Cisco (15min chart from today taken at 7:30am Pacific). See how the trend was down since the open. Now look at...
Sharp, good example of the Microsoft chart (another one of my favorites). Gordon, in your chart, there were green candlestics for 8 consecutive...
Gordon, I looked at your charts - choppy as hell. What are they and what time periods are they. Gordon I trade intraday and On the 15 min...
Good commentary SE, I opened up the day short on Cisco once it broke the open price to the downside. Shorted and covered a few times made okay...
Gordon, I should probably leave it for Super E to respond but just out of curiousity give me an example of a daily chart (of whatever you trade).
Gordon, Using the daily time frame, you would enter a position once the price trades through the simple 5 ma (on a daily chart) Your stop...
Thanks!
And some of those who make staggering amounts of money go through losing periods, and they talk about it here. Where the heck else are you...
what is the WL website address?
Mood has a lot to do with trading. I find that it is the losing trades that stress me out so If I get out of those quickly then the mood stays...
I have a dual monitor (17 inch) and a second computer for order entry only. I do about 30 trades a day around 100,000 shares - works fine. Have...
doher, Have you found those premium numbers to be helpful?
Separate names with a comma.