Followers
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2008
(607)
-
▼
July
(58)
- Interesting Patterns Taking Shape
- Bo Yoder Newsletter
- BreakOuts & Stock Setups
- Update On Recent Stock Setups
- USO Update
- Strong Conviction In Your Analysis and Your Trades
- MEE Setup
- If You Have Been Struggling Lately. Try These Tips...
- Charts and Setups
- Seeing A Lot Of These Patterns
- Mid Day USO Update
- Why Are We in This Financial Mess? By Leavitt Brot...
- Bullish Looking Setups to Watch
- Bo Yoder newsletter
- Mid Day Update On USO and HK Setup
- USO Falling Wedge/Comp Rising Wedge
- SKF Falling Wdge Update
- Congrats To VKC!!
- SKF Getting Ready For a Big Move Higher
- MEE Setup
- Icon Bet With Ragin Cagin On WALLSTREAK.com
- Charts That Caught My Eye Today
- New Blogger: Options Trader NickHO
- SWEET HG in MEE Short
- The Good, The Bad and The Ugly
- BO YODER NEWSLETTER
- Over Night Long: MA
- Over Night Holds (ONH) Explained
- HG Trade Of The Day
- Some People Saw Today As The Beginning Of a Bounce...
- Bear Flags
- V Ready To Tumble
- Inside The Financials Meltdown: Looks To Be Headed...
- Bo Yoder NewsLetter
- Phenomenal BLOG and Phenomenol READ on The Plunge ...
- Stocks To Watch
- Intra Day SKF Update. 60 MIn. Charts: SKF Looks Hi...
- Bo Yoder NewsLetter
- Bear Flag Updates on X and SCHN.
- Note To Self: We Will Enter A Major New BULL MARKET!
- Bear Flags In The Making
- OIH Steep Correction Might Be Over and Looks Ready...
- BKX and UYG Look To Be Putting In A Short Term Bottom
- Stock To Watch Once The Bulls Come BAck
- Might Be Time For a Bounce
- VIX Update
- FNM Update
- Bo Yoder Newsletter
- FNM Short Setup
- FRE Short Setup
- Bo Yoder
- ONLY One Chart But It Says A Lot
- VIX: Starting To Jiggy With It!
- Topping Action
- Restoring Your Joy In Trading By Ryan Jones
- FSLR Short Setup
- USO/VIX Updates
- VIX Update
-
▼
July
(58)
Cool Traders/Sites
- ART OF TRADING Premium Site
- Charting Trends blog
- Denarii
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- LaserTrader
- momentum trader
- My Trader Interview
- Mystic Stocks
- NYC Trader
- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- StockPursuit.com
- The Market Guardian
- thecrosshairstrader
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior
7 comments:
Nice work on MEE - I traded BTU similarly today.
Question for you: my daytrading skills are only hitting 70/30 in the profit range, so where would you suggest I read up to sharpen the skills? Aside from your blog of course.
VT. please elaborate. give me examples etc.
OK examples:
1) What are some key indications of a trade you look for in an intraday trading pattern? Do you base this off of sentiment or does the chart tell you something?
I'm looking for any way to reduce risk if I can. Is there a fundamental set of rules you trade by when it comes to the chart itself?
2) What is your best ways to determine a head fake in an intraday chart reversal? Take your MEE chart for example - any way you knew those blips were headfakes and not a true reversal?
Basically, I'm lookin for a way to review my fundamentals b/c I've been out of the daytrading game for a while.
Thanks man!
VT
for me. I will explain my rational during the MEE trade and hope you find insight s in it.
I have been tracking MEE bear flag for a couple of days now. Check out my previous post called"bear Flags". MEE was setting up and i knew it was a matter of time. i had on my screen and was waiting till i saw a SELLOFF in commodities and i know that MEE once it gets going, it DROPS hard. So once i saw CRUDE start tanking, i jumped in MEE fast and big and used the 1 min. an my initial HG entry. those little rallies on the chart didn't scare one bit, they looked tame to me. they were not buying spike but more corrective counter trend action. i.e. choppy wiggle higher on low volume. my intra day patterns in strongly trending stocks are purely HGs. been trading this method for years have have gotten to be an 'expert' at it. HGs do not work in chopy mrkts so i know to avoid trading them. I chopy mrkt i trade "double Bottom" trades. if you are not familair with Double Bottom trades, look thru my archives. hope this helps.
Stewie,
Why did you short at $74.6 and not at $75.47 when it touched the 20 EMA?
Awesome trade (and great day) Stewie. Congrats!
I noticed that the charts you post are from stockcharts.com. Is that the software package that you you for your daytrading? Also, you mentioned about monitoring CRUDE during your MEE trade. Which charting package do you use for futures (it is my understanding that stockcharts does not offer this).
Cheers,
anarco: i use scottrader from my day trading. use stockcharts.com to track my watchlists. I do not track futures mrkts. i just track USO and that's what i meant by crude oil. USO is a great proxy for crude.
Post a Comment