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h2oskier wrote:Mr. Al,
IWM Chart as well as performance looking at ETFs (Canadian based).
iwm.png
Screen Shot 2012-03-16 at 11.38.11 AM.png
etf performance.png
Nice work h2oskier
thnx...Your cool Toronto ETFs are 2 thin 4 me (low volume). I get more traction with SLV and ZSL and other ETFs with 1million++ share volume per day,
but that’s just for scalping, just for intraday, just for me etc…
Keep posting updates please
I have not the faintest clue on how to scalp. To me day trading options on Apple is more than enough risk for my comfort zone right now (I've been burned a few times on TNA calls). HZU is meant for a few month swing trade. Its an easy 2-6X gain when silver starts to move again (over an approximate 6 month period of time)......
h2oskier
NO SCALP IS JUST FINE
Just do yr own thing and follow yr own rules
Trust no one (except Cobra)
“Study hard what interests you the most in the most undisciplined, irreverent and original manner possible.”
[Richard Feynman, Nobel laureate, Physics]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
target, just info because we don't see breakout yet.
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Interesting potential short set-up on IWM (R2K). Hitting its 2 month resistance line now for 4th or 5th time in 6 weeks. Risk / reward for a short (via TZA) not bad.
I am not good at picking turns / tops, so if anyone has some signals that says that the turn in R2K is imminent, please post your thoughts. Thanks
I know short term oriented here, but was I was looking at monthly ES - interesting, Stochastic showing three pushes as well.
Would love feedback if any
I bought POT yesterday before the close but I sold at the open. Only 2.07% gain
Hi Petsamo,
If you want an easy way to get out of these skyrockets, try a 30 min chart with a 3 and 6 SMA. Fool around with it. Nice trade. I love POT when it isn't idling. Carry on. GLTA jimme
I see it as negative TRIN day. SPY:TRIN < open or TRIN;SPY > open.
We are on different page, what else is new !!!
$TRIN data says volume is flowing into ADVANCING stocks
A/D data says adv 1400 dec 1400 (wussie/wussie)
That is data as of 12:41 ET. When that changes, everything changes
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
1der wrote:I know short term oriented here, but was I was looking at monthly ES - interesting, Stochastic showing three pushes as well.
Would love feedback if any
Then what? Simple...we go up
and thanks 4 chart!
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
The forum is bear camp. Let's see if this week huge up makes any differences.
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it's the 2nd test of the previous high, so no failure allowed here.
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DRL wrote:Interesting potential short set-up on IWM (R2K). Hitting its 2 month resistance line now for 4th or 5th time in 6 weeks. Risk / reward for a short (via TZA) not bad.
I am not good at picking turns / tops, so if anyone has some signals that says that the turn in R2K is imminent, please post your thoughts. Thanks
here is what I got on IWM, I will wait a little more just to be safe.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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I see it as negative TRIN day. SPY:TRIN < open or TRIN;SPY > open.
We are on different page, what else is new !!!
$TRIN data says volume is flowing into ADVANCING stocks
A/D data says adv 1400 dec 1400 (wussie/wussie)
That is data as of 12:41 ET. When that changes, everything changes
sorry I wasn't clear, some day I will better my English, I am more of a what to come not what have happened.
My comments are for entertainment/educational purpose only. NOT a trade advice.
I've been in cash since we hit 1375, so missed this run to 1400. Though I had been a bull since December to 1375, right now I am neither bear or bull. Waiting for clearer direction before dipping in. TA that may have helped last year isn't helping right now. We've been overbought, have a quick sell, and then a move up. Steps and ladders.
But, I think it's more to the fact that we're in a strong cyclical bull cycle and Bernanke has incentivized putting in equities. I am not fighting the tape here - just observing.