Another head & shoulder pattern. Low risk short at neckline resistance.
Head & shoulder pattern that's still valid. A low risk short at trendline resistance with a tight stop.
Looks like distribution to me. I'll short at the upper trendline with a stop on a violation. This is a weekly view.
I'll short as close to the highs as I can with a tight stop. I don't automatically discard the setup when I do get stopped out cause it frequently...
And another.....gaps, holes, gaps, holes. Who thinks they'll stay open?
Another I'll short at gap resistance....TIGHT stop.
I'm going to short this at trendline resistance.
I'm going to short this at resistance as well.
Looks the same as ABFS....
Something came up last week and I was unable to update the journal on a daily basis nor was I able to trade except for Monday. I will try to be...
Here is one similar to ACTL that I did trade.....notice the curling action of the 8 and the higher low. Again, nothing more than a day or three...
Trend, I understand and realize you have your own style. Fact is, there is NO wrong or right. Something may work for me that doesn't for you....
TrendFader, This is an excellent opportunity for you to post some setups of your own. Feel free to use this thread. I'm always anxious to learn...
Nitro, I'll be sure to keep that in mind. As for me, I'll be a buyer at the gap.
I'm not sure how you trade. The only point you made that made sense to me was your comment on the importance of understanding what type of market...
I'm shorting this at the highs as well if it gets there....too many holes.
I'm shorting this at the highs should it get there.
This may not work but the risk will be low nevertheless. IMO, it's in the preliminary stages of a head and shoulders pattern. I'm going to take a...
I'm going to short a rally up to the $52.00 area. Weekly chart = long term setup. Notice the gap.
Yet another weekly chart that appears to be approaching the shoulder highs of the h&s pattern. It's hard to say exactly where I'll...
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