I was just talking about this from my recent post about 'change' in the market...
http://seekingalpha.com/article/2107633-when-the-facts-change-then-we-change-investors-should-consider-midas-golds-significant-upside
'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**
Tuesday, March 25, 2014
When Market Change...
What else could you do when the market reverses, except just accept what it do and what it does, like today's market. So when market 'change', you should 'change' too...no need to think further, by just looking at it, you know what it's going to do...
Gold's Two 'h' Pattern
From this one-hour chart, I guess two 'h' pattern is enough, a third one is too much? What do you think Gold 'diggers'? I guess for today's session, a sideways or third drop is the battle, but by Wednesday and Thursday, a consolidation for the hard bounce is expected. Let's see.
Tip Alert: Crude's Possible Upside
Shown is the one-hour chart of the Crude prior to Calendar event(s) housing report by 10 am ET. I guess based from this chart, a possible upside for the Crude is possible. Two consecutive 'Darvas' box? is the basis for my observation.
Monday, March 24, 2014
Bear Flag Trade Setup
This time the market tumble some more with that bear flag pattern, surrendering further to selling pressure.
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