I think the difference is that OâNeil uses fundamentals to narrow down his universe of stocks and TA to buy them. OâNeil use CANSLIM to pick...
Here are my charts for yesterday: First the daily chart. Price did not approach or encounter any significant levels on the daily chart today:...
I'll ask some questions about resistance and support: 1) If a resistance or support has been passed in the past, should it be considered next...
I agree. I think its objective. Trendline/channel confirmation is the tough one. Imo, its not described well in books. I use a pt 4 that...
What's the difference when stops are being hunted? Anyone who has traded live can easily tell you this is a fact and has happened once or twice...
AAPL seems to be in a bit of a rut recently. I think with some of the recent highs in the market, people are trying to decide if companies like...
Weekly Trading Forecasts (June 10 - 14, 2013) The Greenback has been weak and the Yen has been strong. Most JPY pairs are also weak. The...
Agreed. I disagree. QE has massive implications on all time scales. Risk is not symmetric. Does that mean that equity trading programs shift...
I suggest you're going about this entirely the wrong way, though it is nearly identical to how every other trader with a background of...
for the past five years, every previous resistance has become support we can characterize these levels as big players entering or exiting,...
dbphoenix, 1) how would you go about scaling in on the very same chart with 5 or less contracts? or do you not recommend scaling in? 2)or...
Something I posted years ago regarding this scaling out business: There need to be criteria for exits. But the nearly universal problem that...
BUY GOLD JUNE ABOVE 27220 TGT 27260, 27300, 27400 SL 27000 BUY SILVER JUNE ABOVE 44150 TGT 44200, 44300, 44000 SL 43700 SELL CRUDE OIL JUNE...
Weekly Trading Forecasts (June 3 - 7, 2013) Because of the weakness on the Greenback, the EURUSD and the GBPUSD have been bullish, whereas the...
Your winners are consistently small compared to your few losers. It should be the other way around. You should cut your losers earlier and let...
The 85-days moving average is a great support / resistance from August 2012. Here we can return short EurUsd.
all trades closed, ROI to Thursday Close May 30/13 . . . . . . . . . profit/loss . . . margin . . . . . ROI 1 audusd . . $199.50 . . . .$325.57...
"To be perfectly original one should think much and read little, and this is impossible, for one must have read before one has learnt to think."...
One should not use the stop loss at the place which is easily hit. Thus, take up the trade at strong support or resistance levels.
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