In this kind of choppy market, you can't spot any good location to put on a trade, either long or short.
This is where you don't do anything and just stay on the sidelines.
Friday, May 25, 2012
Friday's Zigzag Market
Shown is the 5-min. chart from the Nasdaq (etf QQQ) index wherein it moves on a choppy sideways.
In this kind of choppy market, you can't spot any good location to put on a trade, either long or short.
This is where you don't do anything and just stay on the sidelines.
In this kind of choppy market, you can't spot any good location to put on a trade, either long or short.
This is where you don't do anything and just stay on the sidelines.
Thursday, May 24, 2012
Thursday's Ugly Market
The market (QQQ, Nasdaq) did not do any good today except to give up what was gain yesterday.
A choppy downward trend to say the least.
Though the Dow and the S&P did some little convincing move, the Nasdaq made an "ugly" move.
A choppy downward trend to say the least.
Though the Dow and the S&P did some little convincing move, the Nasdaq made an "ugly" move.
Wednesday, May 23, 2012
Wednesday's Trade Setup
The market made a reversal from its downward trend from the open till noon time.
The best entry for a long trade is at around 1:00 pm. ET. as pointed from the arrow.
Takes a lot of patience in waiting for the setup to get triggered.
The best entry for a long trade is at around 1:00 pm. ET. as pointed from the arrow.
Takes a lot of patience in waiting for the setup to get triggered.
Monday, May 21, 2012
The Market After The Close
The market was cooperative today.
All you have to do is buy in the open and sell in the close.
Easy money err...trading in today's market.
Sometimes the market gives you easy money, all you have to do is take it with an open arms.
Though the market doesn't give opportunity daily, but when it offers, it will be a big reward.
Like today's market, all you have to do is observe (monitor) the market daily.
All you have to do is buy in the open and sell in the close.
Easy money err...trading in today's market.
Sometimes the market gives you easy money, all you have to do is take it with an open arms.
Though the market doesn't give opportunity daily, but when it offers, it will be a big reward.
Like today's market, all you have to do is observe (monitor) the market daily.
Wow... The Market Is On Fire!
Looks like the market can't do no wrong today.
The bears are running for cover, they're nowhere to go.
For the bulls, enjoy the ride!
The bears are running for cover, they're nowhere to go.
For the bulls, enjoy the ride!
Facebook looks like running out of "face" or "out of love"?
Shown is the 5-min chart of the much "overhype"? IPO, the FB.
What can you say with this?
Well, Zuckerberg is enjoying his after effect wedding, and his stock is falling (out of love).
What can you say with this?
Well, Zuckerberg is enjoying his after effect wedding, and his stock is falling (out of love).
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