Charts

Discussion in 'Journals' started by Brandonf, Jul 15, 2003.

  1. Brandonf

    Brandonf Sponsor

    adrx
     
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    #21     Jul 30, 2003
  2. Brandonf

    Brandonf Sponsor

    [10:55] <Brandon> basically successful trading is about doing the same thing over and over and over again
    [10:55] <Brandon> until you are so bored of it you could cry
    [10:55] <Brandon> then doing it some more
    [10:55] <Brandon> what I like to focus on for the most part are gaps
    [10:55] <Brandon> Gaps have a tendancy to fill in
    [10:55] <Brandon> but those gaps that do not, by going against that trend, are showing a lot of strength
    [10:56] <Brandon> they are proving themselves to to be the strongest stocks of the day
    [10:56] <Brandon> the best names
    [10:56] <Brandon> and the ones that are likely to produce the best results
    [10:56] <Brandon> you can see here with TKLC that it gapped up on the open and then was very strong
    [10:56] <Brandon> since then it has pulled back
    [10:56] <Brandon> and has now based for some time
    [10:56] <Brandon> this basing is a "resting" period
    [10:56] <Brandon> which gives a stock a chance to cool down
    [10:57] <Brandon> after a stock has ended a rest cycle
    [10:57] <Brandon> that is when it is most often likely to experiance a run again
    [10:57] <Brandon> so this is basically what I spend the day looking for
     
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    #22     Jul 30, 2003
  3. Brandonf

    Brandonf Sponsor

    [11:21] <Brandon> keep an eye on QLGC under 43.93
    11:21] <Brandon> stops above 44.05
    [11:21] <Brandon> very nice 5 minute bear flag
    [11:22] <Brandon> one of the weakest stocks in the market

     
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    #23     Jul 30, 2003
  4. Brandonf

    Brandonf Sponsor

    [12:22] <brandon> QLGC traders should be taking 2/3 off. Stops to b/e on the balance. Look to hold into the close. Trading 43.52
     
    #24     Jul 30, 2003
  5. Brandonf

    Brandonf Sponsor

    SP500 5 minute bear flag
     
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    #25     Aug 4, 2003
  6. being a sponsor shoulnt give one the right to use elitetrader as a filesharing tool for charts. posting those pictures is of absolutely no use for anyone, as long as he/she is not in your chatroom.
    there are lots of other ressources you can use for posting annotated charts (btw - why not your own website?). any other non-sponsor-elite-member would have been told to stop this thread.

    just my 2cts...

    kev
     
    #26     Aug 11, 2003
  7. Keep posting brandonf,i find your stuff interesting,if you do not like it do not open it.
     
    #27     Aug 11, 2003