This morning's activity may provide a more illuminating example of the last two questions I addressed (two up and three up from this post)...
30 and 40 were the limits of the trading range. 35+/- would be the midpoint of that range. Midpoints can sometimes act as support or resistance if...
Seriously, watch /NKD here.. it is trying to break the major uptrend here. I would *not* be a buyer here. Support is now resistance, 13725-13750...
The probabilities regarding retracements, reversals, and breakouts are determined by support and resistance as well as the balance between demand...
Try this: An auction market's structure is continuously evolving, being revalued; future price levels are not predictable An auction...
When you say you would not have pegged support so low, do you mean my choice of 28 over 30? Or do you mean my looking for lower levels at 12 and...
<img src="http://i.imgur.com/RaYOWTU.png"><br> Here, we have an updated chart for both NQ and YM. As can be seen, NQ did a perfect test of the...
They're not the same, but I'm sure they're confused. One can anticipate the direction of price one way or another without invoking a bias. Though...
Hi, This post is for my own purpose. I do not recommend that you read it (please move along, now), as it is for experimental purposes only....
continues strong, under watch for a continuation breakout above 26.99 (single resistance) BREAKOUT WATCH for possible breakout above 26.99, no...
What price did years ago gives us a context and a heads up to be alert to potential changes around previous levels of congestion. Entering the...
Michael Marcus also serves as a person that many beginners can relate to: His began by losing most of his money and with very mediocre trading...
Ok I am not sure if this will be setting a precedent as I do not sure how much pressure I want on this journal but Surf I was able to make enough...
They tend to...um.....be projected into the future... Looking forward to seeing your journal unfold, be nice if it does not turn into a place...
Sure, you can see support and resistance after the fact. It's as clear as day. Please don't say that TA works whether or not you are...
This was my first week daytrading in a long time. I mixed some daytrades in with some daytrading entries and holds overnight. (I only hold...
here's another on a possible new leg higher ACAD starting to move higher after two months of price consolidation, watch for breakout above...
try to trade with 5,000....lose. try with 10,000....lose more. go back to school. try to trade with 5,000....lose. realize the only skill...
Summary Week Ended Friday 2nd August 2013 12 stock trades: 4 BARC + 172.20 BPS 2 BLT + 26.46 BPS 5 BP + 56.29 BPS 1 RDSA + 10.81...
I'm a purely technical trader and from the technical view on the daily chart, price slightly overshot an upper channel on 7/19 then pulled back to...
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