tag:blogger.com,1999:blog-9459815.post788840448212639171..comments2023-07-03T06:33:52.478-04:00Comments on Trader-X...views from a distorted mind.: NVAX - 060409Trader-Xhttp://www.blogger.com/profile/15148372813905710453noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-9459815.post-35616709267439156642009-06-09T17:11:51.490-04:002009-06-09T17:11:51.490-04:00Hey Tyler - that was a nice crash. I can't spe...Hey Tyler - that was a nice crash. I can't speak for X, but I find that the top out works best on the shorter timeframe, which for me is 5-minute charts. I like entering if the pattern forms after 3 5-minute bars. I find that the longer the timeframe the more that particular pattern is prone to failure.<br /><br />But that is just me!Tom C.http://www.traderxblog.comnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-70241098684257416022009-06-08T19:24:55.444-04:002009-06-08T19:24:55.444-04:00X or Tom C.,
Can you take a look at MITI from tod...X or Tom C.,<br /><br />Can you take a look at MITI from today (June 8) and tell me if this fits your criteria for a "Top Out" pattern? I use 15 MIN charts and it looked good to me, but I did not take the trade.<br /><br />Any analysis you can provide is always helpful.<br /><br />Thanks,<br />TylerTylerhttps://www.blogger.com/profile/10041866145486659876noreply@blogger.comtag:blogger.com,1999:blog-9459815.post-61398570423372578822009-06-06T09:47:39.723-04:002009-06-06T09:47:39.723-04:00Wow, just found your blog. What a wealth of inform...Wow, just found your blog. What a wealth of information. I will probably spend all weekend on it.<br /><br />:)Hootienoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-11170930128128927242009-06-05T17:18:18.402-04:002009-06-05T17:18:18.402-04:00Tom: I've read the negative comment made by Ev...Tom: I've read the negative comment made by Evan to your previous post.<br /><br />From my point of view, your blog (I mean the TraderX+TomC blog) is the best I know on daytrading in the web. Please keep on sharing, I think 99% of your readers appreciate the work and the effort you are doing to build this extremely useful content.<br /><br />Thank you very much from a spanish reader: very well done!FP A distanciahttps://www.blogger.com/profile/03083326759493880325noreply@blogger.comtag:blogger.com,1999:blog-9459815.post-27310181879125226322009-06-05T15:26:53.976-04:002009-06-05T15:26:53.976-04:00Anon, how X and I build our watchlists is detailed...Anon, how X and I build our watchlists is detailed on the blog...search the links at the top of each page.Tom C.http://www.traderxblog.comnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-58557756890896518002009-06-05T15:23:51.047-04:002009-06-05T15:23:51.047-04:00Tom,
How do you find the stocks that you play in...Tom, <br /><br />How do you find the stocks that you play in that gap up?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-64861612055592096972009-06-05T06:55:06.101-04:002009-06-05T06:55:06.101-04:00Zo, I picked the 1st bar because it was red and le...Zo, I picked the 1st bar because it was red and left a long upper-tail. When that happens, I often plot the ORH over that 1st bar and over the 3rd bar if it is different, and look for setups on both. In general, the ORH is plotted over the high in the first 3 bars, but I encourage you to play around with different configurations.<br /><br />BL, yes. It is odd that I would trade two sub $10 stocks two days in a row.<br /><br />Regarding WL, I only eliminate stocks over $100 and to be honest, there is not real reason - it just makes my WL smaller (I don't eliminate low price stocks, but I rarely have below $2 because they don't turn up on my scans). I do as X does and have it sort by r-t volume so the most active float to the top.<br /><br />Anon - BA was not on my watchlist. It made a nice move after it broke the ORH.Tom C.http://www.traderxblog.comnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-71891793935908728902009-06-04T23:55:17.098-04:002009-06-04T23:55:17.098-04:00Tom,
What are your price paramaters or is it just ...Tom,<br />What are your price paramaters or is it just based on % and Vol? then WL ranked by %, or Vol? tiablhttps://www.blogger.com/profile/00896711870488137533noreply@blogger.comtag:blogger.com,1999:blog-9459815.post-73294658769306923882009-06-04T22:57:17.736-04:002009-06-04T22:57:17.736-04:00nice work...alot of sub $10 momo stocksnice work...alot of sub $10 momo stocksblhttps://www.blogger.com/profile/00896711870488137533noreply@blogger.comtag:blogger.com,1999:blog-9459815.post-26723865926586526102009-06-04T21:59:39.590-04:002009-06-04T21:59:39.590-04:00Hey Tom great trade,
Just wondering what constitut...Hey Tom great trade,<br />Just wondering what constituted the decision to use the 10min OR for the plot of the fib lines in classic X style. Ive notice the first 15min and 30Min used as the norm but not so much off the 10Min except for yesterday. Unless, i just thought, since the 1,8,9,10,11 bars found S/R in that area but other than that i am unsure<br /><br />Thanks again<br /><br />ZoZonoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-79921224413732680922009-06-04T19:39:43.930-04:002009-06-04T19:39:43.930-04:00How about BA today?How about BA today?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9459815.post-81973619471066105752009-06-04T18:53:02.304-04:002009-06-04T18:53:02.304-04:00I actually traded NVAX but I entered earlier, on t...I actually traded NVAX but I entered earlier, on the 8th bar break.<br /><br />Nice blog, keep it up.<br /><br />JohnAnonymousnoreply@blogger.com