I think DNDN's move today caught many traders by surprise, many believed it would go to $3 first, lol. Now the market is closed, it is so much...
Guys, thanks for the friendly dicussion, we'll get better at TA, hope we can all bank with these charts.
Farooq, Thanks for sharing the valuable tips. You have some nice setup, I think all of us can learn from each other by sharing our knowledge....
Jimmy, I think the value area in market profile (or price historgram) is very close to the median price he talked about, it is 70% (or 90% -...
I looked at this 5 minutes QID chart after the market close, it makes so much sense now to place some trades, but during the real-time, I guess it...
Farooq, Thanks for the suggestion. I coudn't concentrate well on my trading for the past two days, I just think too much of other things, I...
5 minutes chart, still under that downtrend line. Time to get some lunch, good luck! [img]
Trending down, I see 150 tick chart works well on RIMM too, there is no noise on the buy/sell signals: [img]
Made a test trade on RIMM, shorted 100 shares at 153.44, covered at 153, made my lunch. The cover is not based on signals as you can see, it could...
RIMM on 150 tick charts: [img]
This RIMM could see resistence around 153.4s. on 15 mintues chart, 153.4s is the resistence, also a major fib level. I think it might trade...
For this AMZN, I use 150 ticks chart as shown above, the timeframe is shorter than 5 minutes, but it works well for some reason. Here is the 5...
The last two trades: Bought 61.12, sold 61.41, went short 61.45: [IMG]
Going short - notice volume change indicator: [img]
Approaching to short target 61.50: [img]
AMZN went to the low 61.06, could take a long and sell around 61.3- 61.4. Again, this is a counter-trend trade if going long. All indicators are...
Wow, this short entry turned out a very good one, AMZN heads to $61, almost a quick $1 drop. [img]
Here you go, 61.73, might go much lower, but that's the 1st target price to cover, the strategy should be covering 1/2 position, if the trend...
Not exactly, I wish I could follow the charts on all my trades. For very fast moving stocks, very often, I just read the tape and watch level 2...
Really interesting stuff when combined both TA indicators into one on the Bull/Bear, winners are on top. The battle ground is in the middle,...
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