'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Wednesday, March 19, 2014
Possible Rally For The ES and the Crude?
Shown are the 1-hr chart from the ES and the Crude ahead of the FOMC meeting, I guess a possible rally might emerge after the meeting...the charts area forming a cup with a handle pattern, a bullish signal...
Tuesday, March 18, 2014
Friday, March 14, 2014
Crude Trade Setup
Entry: 9827
Stop: 9816
Target: 9877
Gain: 50 points
Note: Traded Crude in the Globex session and was able to capture the 'meat'...if you are patient, stay sittin' and keep watching the market like a hawk you can make a 'difference', as that famous trading words...'I make my money by sitting'?...
Stop: 9816
Target: 9877
Gain: 50 points
Note: Traded Crude in the Globex session and was able to capture the 'meat'...if you are patient, stay sittin' and keep watching the market like a hawk you can make a 'difference', as that famous trading words...'I make my money by sitting'?...
Thursday, March 13, 2014
Tuesday, March 11, 2014
Sunday, March 9, 2014
Tip Alert: Stock For The Long Run
I am showing here my Stock(s) For The Long Run, an idea taken from Prof. Jeremy Siegel's famous book. I have a small position from this shipping company and will consider it as a long term. I am planning to buy some more, maybe for a year or as long as it still a 'buy' price will do so, I am not that a big time investor, I will just buy whatever amount I can have monthly, and will go from there. I have a big belief from this Greek company that it has promising potential to regain its previous high price of $120, or maybe a possible takeover. Below is the monthly and weekly chart, see (research) for yourself if it has a promising outcome...
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