"A picture is worth a thousand words". This site posts charts of interest, and repeatable chart pattern's that will make you a better trader and hopefully return you some extra cash.
5.31.2009
5.28.2009
5.21.2009
VIX charts n' more...
Ive been following the VIX for a while now, waiting for the pop... Expect a ton a volatility when it moves above 35..
SRS is still holding on... I see much more upside than down side.. if price falls under $20, consider it a huge buying opportunity..
BIDU is nearing the end of the move from $100... better to think of shorting this now..
GS is right at the trend line...assume its a short until the market says otherwise..
tb
5.20.2009
Commodities running....
5.17.2009
Daily vs Weekly Charting...
I was taking a look at Ford's stock and wanted to show the difference between daily and weekly charting...
You can see the daily chart gives very few clues on when to take profits..
The weekly chart gives clear signals when to take profits...
the 200 weekly moving average is a perfect selling point, along with the trendline of the MACD Histogram..
tb
You can see the daily chart gives very few clues on when to take profits..
The weekly chart gives clear signals when to take profits...
the 200 weekly moving average is a perfect selling point, along with the trendline of the MACD Histogram..
tb
5.15.2009
5.14.2009
Chart request...$TSX
5.13.2009
There is no "i" in QID...er, or is it team?
5.09.2009
VIX is closing in on support...
5.08.2009
5.07.2009
Cheap insurance...FAZ
I have a hunch the financials are going to pullback before options expire next friday.. So, I am getting some FAZ $7.5 calls for May... they are only .20..
tb
PS- short term traders in ENER have to love the action this morning.. someone asked me when they should buy back in.. I mentioned there were 2 gaps, one at 17 and one at 16.. Well, ENER, on no news this morning, has filled the gap at $16, and is now trading around $16.90 and looking for more..
tb
PS- short term traders in ENER have to love the action this morning.. someone asked me when they should buy back in.. I mentioned there were 2 gaps, one at 17 and one at 16.. Well, ENER, on no news this morning, has filled the gap at $16, and is now trading around $16.90 and looking for more..
5.06.2009
5.05.2009
5.04.2009
5.03.2009
Trading on the right side of the market...
...it makes you feel like you can fly...
Just stay disciplined, and don't let your guard down...
tb
Just stay disciplined, and don't let your guard down...
tb
5.01.2009
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