Why do we selflessly update the Trader-X blog day after day (when not on vacation, of course)?
Because we like helping others. Just like this frog. Exactly.
I am looking forward to getting back Thursday...go make some good trades!!!
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Tags:
Trader-X, Stocks, Fibonacci, Trading
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4 comments:
I would close at least 1/2 the position at the 1/2-way point.
TJ
My watch list from premkt Island(based on vol/pts up/dn): ffiv ppdi ntap fcx frx bidu ice aapl cnc ent nbix. Gap ups reversed, most downs continued or filled gap/reversed. Used parabolic sar and 10/20 slope and crossover on 1 min charts for gap ups for signals and worked well: ffiv ppdi frx bidu aapl. Quick reversals on gap ups in down markets seem to be the key. 3 bar b/d work well on 5 min gap downs(this may be esp true of down mkt...and probably true with up market and gap ups=they b/o and continue up): tgt cnc
I don't rely on my candle stick charts from Scottrade so I use different time frames, ema.
X, hope you had good holiday in England, saw the Queen and all.
Did any one trade IVAC or DGII on the 15-minute charts?
WCG
big move
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