Not much noise when it gap up in the open.
Bears are covering in darkness.
Friday, June 29, 2012
Friday's Market Conclusion
Shown is the 5-min. chart of today's market action.
Not much noise when it gap up in the open.
Bears are covering in darkness.
Not much noise when it gap up in the open.
Bears are covering in darkness.
The Market On A Two Day Spring
Showing the 10-min. chart from yesterday's market and today's on-going action.
Friday's Market 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.
Thursday, June 28, 2012
Market At The Closing
Shown is the 5-min. chart 15 minutes before the close.
From my ealier post, I mentioned that the market can't get any lower from my short cover trade.
Though it drops a little bit further, but recovered extensively as shown from this concluding chart.
From my ealier post, I mentioned that the market can't get any lower from my short cover trade.
Though it drops a little bit further, but recovered extensively as shown from this concluding chart.
Hang'n 'em there "trading" buddy...
Just a simple thoughts in trading regarding the hiccups most if not all traders encountering about the markets unpredictable moves.
What we can do is just "hang'n 'em there buddy"...
That's how the market is, it's all ups and downs but if you can take the opportunity that the market offers even just to monitor its moves and the education it brings, it's all worth it.
And don't hesitate to take a break, the market will be there tomorrow.
As the famous quote from great traders, you can't trade the market everyday, only fools do.
Most aspiring traders i'm sure are getting pummeled by the 'monstrocities' market swings, we cannot avoid that.
All we can do it take whatever the market brings and learn from it.
When the market settles, the bright side of the market rises.
What we can do is just "hang'n 'em there buddy"...
That's how the market is, it's all ups and downs but if you can take the opportunity that the market offers even just to monitor its moves and the education it brings, it's all worth it.
And don't hesitate to take a break, the market will be there tomorrow.
As the famous quote from great traders, you can't trade the market everyday, only fools do.
Most aspiring traders i'm sure are getting pummeled by the 'monstrocities' market swings, we cannot avoid that.
All we can do it take whatever the market brings and learn from it.
When the market settles, the bright side of the market rises.
Thursday's Market Trade
The market drops down today due to unfavorable reports from the governments healthcare law and from overseas woes.
Shown is the 5-min chart where the most probable short entry is at S3 (support) level with the cover at the lower arrow.
I think that's the most the market can go lower today because of the big gap when it went down in the open.
But who knows?
Shown is the 5-min chart where the most probable short entry is at S3 (support) level with the cover at the lower arrow.
I think that's the most the market can go lower today because of the big gap when it went down in the open.
But who knows?
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