Let's see how it goes.
Tuesday, June 26, 2012
Tuesday's Trade Entry Point
The market gap up today and shown is the 1-min. chart entry point for a long trade.
Let's see how it goes.
Let's see how it goes.
Monday, June 25, 2012
Monday's Market Trade
The market drops hard today and shown is the 5-min. trade.
Shorted at the upper arrow and cover at the lower arrow, S3.
Shorted at the upper arrow and cover at the lower arrow, S3.
Saturday, June 23, 2012
Trading Facebook (FB)
I mentioned from my previous posts that to get involved personally in the FB IPO is just to trade not to invest.
And now looking at this latest chart, it's really a good way to trade.
I mentioned also that when it consolidates at the price of $27.00, FB is a buy...buy...buy...
So if you bought it at $27.00 then, you are now raking some smart profit.
Just take a look at this latest chart (1-hr) and make your own judgment that trading it is the better way.
Just wait for the right timing, that's why technical analysis is better than the fundamentals.
Trade what you see as they always emphasized in trading.
And now looking at this latest chart, it's really a good way to trade.
I mentioned also that when it consolidates at the price of $27.00, FB is a buy...buy...buy...
So if you bought it at $27.00 then, you are now raking some smart profit.
Just take a look at this latest chart (1-hr) and make your own judgment that trading it is the better way.
Just wait for the right timing, that's why technical analysis is better than the fundamentals.
Trade what you see as they always emphasized in trading.
Friday, June 22, 2012
Friday's Market Trade
The market made a tight consolidation till late noon (ET) and made a stunning move upwards till the close.
Buying at the open is the most probable entry to make a profitable trade this Friday.
Shown is the 5-min. chart.
Buying at the open is the most probable entry to make a profitable trade this Friday.
Shown is the 5-min. chart.
"I didn't shortcut anything"
"It was a journey for myself," he said. "I don't want to compare it to any
other player. Everything that went with me being a high school prodigy when I
was 16 and on the cover of Sports Illustrated to being drafted and having to be
the face of a franchise; everything that came with it. I had to deal with it,
and I had to learn through it.
"No one had [gone] through that journey, so I had to learn on my own. Everything that came with it, I had to basically figure it out on my own."
And then, James would say: "I'm a champion, and I did it the right way. I didn't shortcut anything."
"No one had [gone] through that journey, so I had to learn on my own. Everything that came with it, I had to basically figure it out on my own."
And then, James would say: "I'm a champion, and I did it the right way. I didn't shortcut anything."
Thursday, June 21, 2012
Thursday's Short Trade
The market was a little bit choppy early in the open.
But it shown a downtrend move when it crosses the S1 the second time.
That is where the most probable entry on the short side.
From thereon, it went down lower from S3.
I guess the participants are taking their profits.
But it shown a downtrend move when it crosses the S1 the second time.
That is where the most probable entry on the short side.
From thereon, it went down lower from S3.
I guess the participants are taking their profits.
Boring Market
Yesterday (Wednesday) and today's market can be considered a non-trading day.
As can be seen from today's chart, the market is quite choppy.
Can't distinguished what the market is doing.
This is the time to stay out in the market and just watch from the sidelines.
As can be seen from today's chart, the market is quite choppy.
Can't distinguished what the market is doing.
This is the time to stay out in the market and just watch from the sidelines.
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