Reading charts tonight I fell on FAF which attracted my attention and would consider getting in around 42.10 with a stop around 40.39. The weekly chart shows a potential uptrend with the EMA trending up and the MACD histogram slope is also up (Elder‘s Impulse System). On the daily chart I see the same pattern:…
As you may know, I trade few titles and hold for a couple of days only. I usually look to hold 1-5 days. This may be elementary comment to most but as I many a times, I am green. I was never really paying attention to the general market directions. I think was getting getting…
Today I look at TINY on the long side and GSTL short.
I am attempting to post position trading candidates again. I intend to slap a couple of charts on once in a while for positions trading. Again, these are not for day trading so positions should be valid for a couple of days. I have not yet decided wether I will follow-up when I close my…
I realize my last post was quite a while ago and I probably lost quite a few readers but I guess I will have to live with that. I have been incredibly swamped by work, making trading part-time a real challenge. I have been trying to stay on top of the game still but I…
Here is what I learned going over my TSN trade from earlier this month: Keep your horizon to a size you can manage and try not lose track of current setups Do not completely discard an idea because you have to get out now protect your assets. Hit the sidelines but keep watching.
Never got around to really looking at those yesterday. Today should be better. Here are the lists for today. Golden cross between the 50-day moving average and 200-day moving average. BIIB, DSL, GMT, GR, HDY, HIS, IYT, JBK, KMR, MPX, NBG, RCL, SBW, TRK, TS, XKP Death cross between the 50-day moving average and the…
I know I have been pretty quiet recently. Work is insane for one and, as my previous posts have shown, my trading has been horrible. I am not changing anything per say but I am reviewing and scrutinizing everything I do a lot more. I am trying some screens, all technical, to try and come…
Referred there by Maoxian who was referred by Ugly, I visited MyMoneyBlog today and found it very interesting. Tons of information for anyone who deals with personal finance (and if you don’t, you either have too much money or you should). I loved the post on using 0% APR from credit cards company. The information…
Well it has been a very very bad month and I am getting badly beaten up by the market. I am taking a breather for the rest of the week (today and tomorrow) to try and start fresh on Monday. I am learning a thing or two about my system though: I have lost over…
