LoveToTrade
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gartley patterns?
I shall be perusing my Google search on this theme of Gartley. Never heard of em before.
gartley patterns?
Shame, nice exit just at the HOD, just under the round 6 like I said, close the other half left on just before market close. Oh well, no spike over 6 but still rather happy with that. Did what I thought so can´t ask for more than that really :clap:
Straight lines are always more important than squiggly ones.
I wonder what the short ratio is for this stock:-0
:whistling
NP GX,
The stage is now ALL yours:cheesy:
TE
Retailers Have Pain in Store for Short-Sellers
by Jim Cramer
Hedge funds simply love to short retail stocks. They've been a total drag, longer term, they are subject to a ton of vicissitudes that they can't control: weather, calendar shifts, competition. They are supposed to go down on negative employment news or threats of tightening. They are prone to chronic quick selloffs. And the group is driving the hedge funds crazy right now. Crazy. Consider Macy's. For months this company has been saying things are terrific. For months it did nothing -- $16-$17, $16-$17. Now it's just a total horse. It won't quit. It never comes in. It won't let you cover. Or J. Crew Group. Sure, it ran. But it was a beautiful quarter. If it hadn't gotten a downgrade, pure valuation, it would have done nothing when it reported, instead of being hammered, and it would be at $50 now. I think you had...
Tell you what GX, post a sample of how you look at the market, no trades, no winners, no losers, nothing that might put you under pressure, just how you see it all.
This will quickly prove who and what you are.
TE
Sure;
I've got Esignal and Tradestation and Traders Audio and i just got Briefings, and i've got 4 monitors on one pc and three on another, and i've recently learnt to read company financials so thats relatively new to my trading; but otherwise i look for momentum, based on reading a chart, level 2 and time & sales, using NYSE open book, Nasdaq Totalview & ARCX book, with brokerages accounts with Tradestation, Infinity and InteractiveBrokers, with a subscription to the IBD newspaper, with a typical swing trade, i identify through research markets that i want to be in because i percieve they are prone to fast/directional movements and then i time my entries into those, with day trading i just have a feel for when something is breaking out or moving with momentum and i think thats a combination of time/sales & experience of watching how charts react at certain levels, i understand pretty much all of the stuff i imagine retail traders know about stocks, but also futures, for day trading i search for markets that will move on news and have new order flow coming into that market with all the same reason causing trends; i make this easier with regulars found with good earnings stocks with good revenue and then stocks with good upgrades by banks i consider worthy, Walmart being an example yesterday. Furthermore i like to be in the stocks for their earnings through studying that companies past performance on earnings, i also trade options, not heavily although i'm getting into them a bit more with the SPY but also to have covered calls on stocks during rough times, mostly with swing trading i'll top-down research on the weekend; Overall market conditions, Sectors conditions, Individual stock setups; i achieve this through looking through various websites to try to understand what is going on and what might have changed from the previous week to try to guage sentiment. I also trade futures, less so than i use to, and i do this through using technicals and judging when momentum is likely; i've got a pretty good feel for this and its not something i can quantify or explain.
Hopefully that helps you.
This is unreal, its just turned into the same slanging match that most threads of this nature do. What PPPisses me off is the fact that Mr Expert fails to say anything about my legimiate posts except for some ridiculous reply singing some song about going down to peru.
How the FFFFFick is that educational in any respect ?
I posted some real charts, with real analysis on. One of which was ahead of time and the stock reacted EXACTLY the way I said it would (ie. what I was looking for it to do), I scalped over 20c off it, like I said I would, earned money on it like I said I would, all ahead of time... And all I see back are vague (thats using it mildly) comments which mean absolutely nothing to anyone.
That 20c may not be much to clever dudes like Mr Expert, but lets see how you do it then..
This thread now over one week old, and I have not read one point of interest regarding "actual trading". What about doing what you said in your FIRST POST on the 6th March ?
I am not into slanging matches, but I can certainly see why people are annoyed regarding the behavior in this thread.