Sudhaker, You use what ever YOU feel is best! I am a visual person myself and you are helping out alot by posting charts, so I am leaving it in your hands. The charts I posted are just from scottrade and I power pointed them, that's all. * With sudhaker's help I think I will post the 4 patterns. I think we have enough charts to use to see each pattern. I may try my hand next friday too and see if I can get over to another SLF's and jump on her computer to post the different setups.... It's just the pain of saturday (had to go on a Virginia wine tasting tour w/ the SLF this weekend) that makes it hard to do.
Week ending 5/8/09: Total P/L +3,476.46 22 trades 13 wins 7 losses 2 b/e YTD Totals: P/L +19,629.25 123 wins 138 losses 16 b/e AVG. 47.1% Ratio 1.90
Yeah, SLFs, wine tasting tours, and $3k profit this week... life's real hard huh? haha awesome week Geez, keep it up!
Hi Geez, thanks alot for your detailed answer. I wish you a succesful week, keep collecting the Dollars !!! Happy Greeting from Austria, CALLumbus
5/11/09: Monday a.m. Long watch: AAPL RMBS CTSH SNDK IBM Short watch: GRMN PDCO FITB PRU WLP GE COF With the gap down I will watch DRYS long early due to it's daily chart down 2 big days and gapping down today. Will also watch FITB early for short (extended and gapping up)...will watch COF for a small rally to short as well.