I put together an OR (opening range) chart last night while I was reviewing the ES_F price action. The OR can sometimes be a short lived “read” and other times it can mark the start of something bigger. I believe…
ES_F Midday Thoughts 05/08/12
Monday the ES_F rallied from overnight lows of 1342.50 to 1375.25 in late afternoon, successfully filling the gap from Fridays close at 13.62.50. The price action reminded me of the ISM release day when buyers were keeping the price action…
ES_F Midday Thoughts
I had a slight bias long this morning after the open bounced off the overnight lows. The opening range was lost in a big way however and took my buy at 94.5 past its stop no questions asked.
ES_F Fibonacci EMAs ISM Data Release Notes
Todays trading the ES_F was a roller coster. Although I was expecting the bias to be to the upside, I was not expecting a large magnitude move through the OR. The price action was tipped off by the ISM data…
ES_F Fibonacci EMAs Trade
Id like to compare two charts of the ES_F from Monday’s trading 4/30/12. I trade small size in the ES_F and it is sometimes difficult to hold onto positions for long this way, there can be little to no scaling…
ERY Another Try
My prior “trade” in ERY lasted 4 months. It was a mistake that I got out with a profit. I was not in control of my risk. In reality I did not learn anything by holding this long with a…
Trying To Position Short
Time has flown, and so has the market. I have not been on the right side of the trade, but mostly flat on my short positions as of today. Scary intraday red candles have not been victories for the bears.…
SDS December Swing Trade Progress
On 11/30 I began echoing a previous SDS trading plan to scale into SDS. With half position size on 12/6/11, I decided to double down my position in anticipation of a turning point. 12/6/11 I noticed some flattening in the…
DJT Quarterly Elliott Wave Count
Today I found the volume in the DJT to flag further interest in an Elliott Wave count I had briefly explored only a few days prior. Lately I have been bearish. The thought of a bullish continuation in the markets…
SDS October Swing Trade Review
I haven’t written specific analysis in a while and just wanted to jot down a run-through of my thoughts and two specific trades over the past month. Many of the specifics mentioned can be found in my StockTwits stream during…
EURUSD Monthly Triangle Elliott Wave
So far the EURUSD Elliott Wave analysis done in late May provided a fairly accurate road map for price action. In mid July we noted that the 1.3838 level may be significant within the shorter term time frames move as…
End of August Trades 2011
I traded Sprint and Paetec Corp so far this week and entered a starter position in the SDS. I did not disclose these positions on the stream, but they were tickers I did call attention to.
TNA Trade Weekly Bottom
I had set my expectations high for being in a bottomless market- unrightfully. Nevertheless there was a plan. Although it didn’t follow through, at least I did. I will say, I should have heeded my earlier premonitions to keep my…
Volume Gap Trade In LEAP Wireless
I bought LEAP wireless on August 12, 2011 and sold on August 15, 2011. Below are the factors that played into making this trade. This particular trade was based off of information gathered on StockTwits.
August 11, 2011 TNA Trade
The following is a short synopsis of the trade I took in TNA. I bought TNA on August 11, 2011 and sold at the end of day. Entering this trade was based off of four factors.
Yes The TLT Broke 98
I have not followed this relationship in the past. I had set an alert to 98 level on the TLT early June and was not excited for my current long positions when this level was broken higher, but where is…
GOL Wore Me Out
Today I took a loss in GOL. I’ve traded this name in the past with success and failure. This trades failure hurt a little more though because I let it last. The trade lost me 5% of my position size,…
A Look At DRYS
On Tuesday July 5, 2011 I posted a chart on StockTwits about DRYS inferring it was in a possible sweet spot if it could hold above 3.92.
Possible Swing Point For GDXJ
I’ve been writing about HL lately and have a trade on to date in the name. The updates on this trade can be found here. Even though things are so far working as planned I looked at the GDXJ today…
Seeing Elliott Waves In The SPX
Elliott Waves are visually everywhere and yet only exist when mathematically confirmed with the MACD structure. Without confirmation, Elliott waves can be relative to small moments of price history and not be relative to larger moves or the trend- not…
Helca Mining Co. Anticipating A Trade in HL
HL has been on the radar since I wrote my Elliott Wave count on it in this April 2011 post. Ive been following HL recently and although I was expecting lower prices, the recent price action combined with a re…
PPDI Andrews Pitchfork and a 5 Day Moving Average
I really don’t wish to write about PPDI again. It has frustrated me in the past and my negligence to close out a winner into earnings just because a price target had not been met has cost me. However, as…
EURUSD Elliott Wave Count
I have not followed the eur/usd in the past and don’t assume to know any of the correlations. I’ve spent about 3 hours charting and will share a simple minded (2 cents) point of view. Both technically and otherwise I…
GOL Parent Wave 3 Setting Up
We have been following GOL since late March when Zortrades of StockTwits first flagged it in his post. All SST posts on GOL can be found here as well. I have been drawn to this stock because of its potential…
GOLD Triangle Wave B Price Projections
In the previous post we outlined the price history of the GOLD chart (Rangold Resources). Visit that post for the larger picture and possibilities. This is a recap of the present price motion and expectations. No position in GOLD. A…