I thought 9:33 was a SL break and then a Ret the next minute. The retracement and the subsequent rise were together in the same bar hence might...
:)
I don't consider the fundamentals. The chart of SAVE looks erratic to me. It is trending up but there are too many gaps and large wild swing...
Delta Airlines is showing a consistently strong up trend. The demand line or could be considered a trend line is intact. I don't know but this...
I don't think one waits for a Ret in case of trading a range. One's trading a reversal in that case. Breakouts, retracements, and reverals....
I know what you mean. Up until a month or two ago I would steer clear of gold at all costs. It was one of the most convoluted movers. Although...
GLD price move has been cooperative so far with our earlier assessment. GLD was taking a little bit of a breather but has continued downwards....
I would advise you to read DbPhoenix's "Son of If One can see a straight line" thread. It's as simple as it's going to get. I am more of a...
The entire clan is coming together. Welcome Boru! Gringo
The trick here is not to be long. The initiation of a short depends on whether a person prefers breakouts or retracements. Gringo
Worry not my friend. Believe in the line. The line tells the truth. There is only one truth, and that is: Break of line and Ret, and we are in...
Is this what you meant Db? Price still being almost around the mean? I had forgotten about the larger TC. The tighter and more recent became...
Yeeeee haaaaawww!
XLB couldn't continue up after DL break. It is showing weakness. I would keep an eye on it if someone likes trading sector ETF's or their...
I don't know if anyone remembers but in 2008 or early 2009 there were days when the index would drop 5% in the day and before the close would be...
Good to see you in action my friend. :) Gringo
I am not kidding how many times I had gone long on days like these in the bad old days. Someone always gets their guts pulled out after a trend...
The awesomeness of this is that we're able to do it without Db! Not that we don't need his advice. It's that some times it feels good to be...
Let the chop come. Every chop is a door to a trend in the offing. Gringo p.s I might get famous for that quote! :D
Price for QQQ has broken through the support. Even if one is not eager for shorts it is wise to curtail the longs for now. I know there have...
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