Watch ideas: Long: http://www.ivicacharts.com/diagrams/2007/05222007fis.jpg http://www.ivicacharts.com/diagrams/2007/05222007mfe.jpg http://www.ivicacharts.com/diagrams/2007/05222007molx.jpg Short: http://www.ivicacharts.com/diagrams/2007/05222007nrf.jpg Ivica Juracic
Watch ideas: 05/23/2007 Long: http://www.ivicacharts.com/diagrams/2007/05232007wynn.jpg http://www.ivicacharts.com/diagrams/2007/05232007oi.jpg Short: http://www.ivicacharts.com/diagrams/2007/05232007sirf.jpg http://www.ivicacharts.com/diagrams/2007/05232007ed.jpg Good luck trading today!!!! Ivica Juracic
Very interesting... if you have time (or interest) you should check out my journal. Apparently I take the exact same type of setups as you and use the same moving averages except with a different time length. Good to know that once I feel comfortble position trading my style I can easily move it to intraday. Any parameters about R:W and where to enter/exit, when you bank half of your shares, or whether you add to your position, etc. that you are willing to share? Just wondering... A lot of your setups look like the jump base explosion setups in techniques of tape reading...
For exit, I use combination of resistance areas, like: equal move, number, previous high/low or moving average. For me, very important is "whole picture" and that mean look on all time frame charts. On my screen, I have 5/15/60/daily/weekly and monthly chart. Therefore, if I see enough room for good r/r trade and if I like consolidation i will take that trade. Hard to explain in few words but that is my focus. I don't trade with partials any more. But I add my swing position on intraday setups (15/30/60 min setup). Again all depend on "whole picture", pace and relative strength or weakness. I compare my open positions with market action and then i decide for future steps. Hope that make sense. I will take a look on your journal, always good to see interesting charts.
Watch ideas: 05/24/2007 Long: http://www.ivicacharts.com/diagrams/2007/05242007pwr.jpg http://www.ivicacharts.com/diagrams/2007/05242007eln.jpg Short: http://www.ivicacharts.com/diagrams/2007/05242007nrf.jpg http://www.ivicacharts.com/diagrams/2007/05242007ori.jpg Good luck trading today!!!! Ivica Juracic
Watch ideas: 05/25/2007 Long: http://www.ivicacharts.com/diagrams/2007/05252007praa.jpg http://www.ivicacharts.com/diagrams/2007/05252007lcc.jpg Short: http://www.ivicacharts.com/diagrams/2007/05252007rti.jpg http://www.ivicacharts.com/diagrams/2007/05252007itwo.jpg Ivica Juracic
Watch ideas: 05/29/2007 Long: http://www.ivicacharts.com/diagrams/2007/05292007ctl.jpg http://www.ivicacharts.com/diagrams/2007/05292007goog.jpg Short: http://www.ivicacharts.com/diagrams/2007/05292007celg.jpg http://www.ivicacharts.com/diagrams/2007/05292007ggp.jpg Ivica Juracic
Watch ideas: 05/30/2007 Long: http://www.ivicacharts.com/diagrams/2007/05302007dri.jpg Short: http://www.ivicacharts.com/diagrams/2007/05302007rti.jpg Good luck trading today!!!! Ivica Juracic