C
This stock looks to be at a very strong support level. MACD is converging and CCI is about to pass above low levels. Market weakness is the only issue as of right now.
DGIT
This stock is simply retarded. It formed a harami today and has hopefully already hit bottom. I am very loong on this but not out of want simply because of need.
DGMA
A crazy penny stock I am hoping to see run up on momentum. Chart is bearish but it is near a support level. Let's see if a bounce takes place.
MNDP
This may experience a slight pullback, but I believe we can see a run to 55, a near resistance level, if not the 50ma.
SD
This stock looks ready to hit 4.20. It is bouncing off of recent lows, has MACD converging and running up from low CCI levels.
DEPO
I reluctanly sold this today from a short position. Lets see if it runs lower to 3.48 - 3.50.
Watchlist update 08/31/2010
FC
This stock has shown significant weakness closing under the 50ma. A recent death cross bodes ill as well. At this time Asian markets look strong so futures may be strong and market may open to a small rally. I believe w/o significant news, bears will rally and drive the market slightly lower. FC should descend some more. I would look to short this position if a push to climb above the 50ma does not happen early.
CMT
Will need to wait and see how this stock opens. A harami and hammer have formed, but may not indicate reversal but weakness. There is still room to run up to touch the 50ma or resistance around 5.
TRGT
This stock showed significant strength today touching the 200ma and breaching the 50ma resistance areas. I am unaware of news about this company or competitors so I believe a pullback will occur. This is a good time to short if it runs to touch the 50ma or depending on the open. Let's see if it dips below the 50ma. A recent death cross occurred so this is bearish as well.
MDTH
As written this posted a flat day with a hammer forming. There was a death cross at the end of july and the stock could not breach the 50ma. With market weakness this is bearish.
IRBT
This stock has recently closed a gap from may. There is some downside possible but a flat day at the close should be expected. This may test a new recent low but pullback to close flat.
LEE
Posted another flat day. With the MACD converging and CCI above low levels. I will wait to see if a direction forms. This may show a small rally.
This stock has shown significant weakness closing under the 50ma. A recent death cross bodes ill as well. At this time Asian markets look strong so futures may be strong and market may open to a small rally. I believe w/o significant news, bears will rally and drive the market slightly lower. FC should descend some more. I would look to short this position if a push to climb above the 50ma does not happen early.
CMT
Will need to wait and see how this stock opens. A harami and hammer have formed, but may not indicate reversal but weakness. There is still room to run up to touch the 50ma or resistance around 5.
TRGT
This stock showed significant strength today touching the 200ma and breaching the 50ma resistance areas. I am unaware of news about this company or competitors so I believe a pullback will occur. This is a good time to short if it runs to touch the 50ma or depending on the open. Let's see if it dips below the 50ma. A recent death cross occurred so this is bearish as well.
MDTH
As written this posted a flat day with a hammer forming. There was a death cross at the end of july and the stock could not breach the 50ma. With market weakness this is bearish.
IRBT
This stock has recently closed a gap from may. There is some downside possible but a flat day at the close should be expected. This may test a new recent low but pullback to close flat.
LEE
Posted another flat day. With the MACD converging and CCI above low levels. I will wait to see if a direction forms. This may show a small rally.
Positions 08/31/2010
These positions were opened on various dates and posted here on this date, August, 31st 2010.
Long: C, DGIT, DGMA, MNDP, SD
Shorts: None
Long: C, DGIT, DGMA, MNDP, SD
Shorts: None
FC thoughts
FC has breached a recent support level to come near its 50ma. There could be a possible bounce here which may be temporary, but with market weakness this stock may breach the 50ma and bounce some other time. I will watch to see how this trades at the open.
CMT thoughts
CMT had a strong day despite market weakness. The stock looks good with the 50ma well above the 200ma. It's coming off recent lows and has room to run to resistance at the 50ma and recent resistance level. Will watch to see how it opens in the first half hour of trading.
TRGT thoughts
TRGT had two strong days. I can see this continuing as the stock should run near its 50ma @ 20.56. From there I can see a sharp decline. as the market is really weak and the 50ma has crossed under the 200ma. There was also little volume despite the run up.
MDTH thoughts
MDTH had a strong day today as expected. Too bad I missed this play. It touched its 50ma resistance level and pulled back to close lower. I can see this touching resistance again, but if market weakness remains it will most likely close under the 50ma meaning it will most likely post a flat day. I will watch this for signs of weakness.
IRBT thoughts
IRBT just fell under its 200ma. I think with the market weakness this can run lower. I would not be surprised to see a slight rally followed by a dip. However support seems to be at around 17.07, a level it has tested before with failure. If market weakness remains it may breach this support level.
LEE thoughts
LEE looks like it could be at a new support level @ 2.23
Market pressure may breach support so I am watching this to see a play. The last three trading days have been dojis or spinning tops showing little strength in either direction. I see support at 2.23 from a low 7 trading days prior.
Market pressure may breach support so I am watching this to see a play. The last three trading days have been dojis or spinning tops showing little strength in either direction. I see support at 2.23 from a low 7 trading days prior.
Watch list for 8/30/2010
I am currently watching IRBT, TRGT, LEE, CMT, FC, MDTH, HSFT, VHC
There are a few other stocks that I am watching, but not too closely.
There are a few other stocks that I am watching, but not too closely.
Bollinger On Bollinger Bands - The Seminar, Advanced Topics, DVD II
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Bollinger On Bollinger Bands - The Seminar, Advanced Topics, DVD II
This the second volume of a two-volume DVD set taped at a two-day Bollinger Bands seminar. The seminar and DVD set are an outgrowth of John Bollinger's book Bollinger on Bollinger Bands. DVD I captures day one of the seminar and DVD II features the second day.
While books are a great way to acquire knowledge, some people absorb knowledge more easily when it is presented to them. This DVD set is for those more interactive learners. However, it is strongly recommended you read the book for greater depth and to reinforce your learning.
DVD I, The Essentials, builds the base. It presents the basics including the history and the fundamentals of Bollinger Bands construction and implementation. DVD II, Advanced Topics, carries the process to its logical conclusion -- trading systems based on Bollinger Bands. It starts by presenting several important volume indicators and then shows how to combine price action within the bands and indicator action to arrive at rigorous trading decisions. Trend Following and Reversal systems are covered, along with stop systems you can use to protect your profits.
This book includes all the slides featured on the DVD, so you can follow the charts and formulas during the presentation. There is plenty of room for notes, so feel free. It will help you absorb the
You can view this DVD on any standard set-top DVD player. Or, if your computer is equipped to play DVD movies, you can view it with your favorite DVD software.
An Excel spreadsheet is included on the DVD that presents a simple implementation of the formulas and concepts presented in the seminar. (You'll need a DVD drive in your computer to access these)
This the second volume of a two-volume DVD set taped at a two-day Bollinger Bands seminar. The seminar and DVD set are an outgrowth of John Bollinger's book Bollinger on Bollinger Bands. DVD I captures day one of the seminar and DVD II features the second day.
While books are a great way to acquire knowledge, some people absorb knowledge more easily when it is presented to them. This DVD set is for those more interactive learners. However, it is strongly recommended you read the book for greater depth and to reinforce your learning.
DVD I, The Essentials, builds the base. It presents the basics including the history and the fundamentals of Bollinger Bands construction and implementation. DVD II, Advanced Topics, carries the process to its logical conclusion -- trading systems based on Bollinger Bands. It starts by presenting several important volume indicators and then shows how to combine price action within the bands and indicator action to arrive at rigorous trading decisions. Trend Following and Reversal systems are covered, along with stop systems you can use to protect your profits.
This book includes all the slides featured on the DVD, so you can follow the charts and formulas during the presentation. There is plenty of room for notes, so feel free. It will help you absorb the
You can view this DVD on any standard set-top DVD player. Or, if your computer is equipped to play DVD movies, you can view it with your favorite DVD software.
An Excel spreadsheet is included on the DVD that presents a simple implementation of the formulas and concepts presented in the seminar. (You'll need a DVD drive in your computer to access these)
Bollinger On Bollinger Bands - The Seminar, DVD 1
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Bollinger On Bollinger Bands - The Seminar, DVD I
This is the first volume of a two-volume DVD set taped at a two-day Bollinger Bands seminar. The seminar and DVD set are an outgrowth of John Bollinger's book Bollinger on Bollinger Bands. DVD I captures day one of the seminar and DVD II features the second day.
While books are a great way to acquire knowledge, some people absorb knowledge more easily when it is presented to them. This DVD set is for those more interactive learners. However, it is strongly recommended you read the book for greater depth and to reinforce your learning.
DVD I, The Essentials, builds the base. It presents the basics including the history and the fundamentals of Bollinger Bands construction and implementation. DVD II, Advanced Topics, carries the process to its logical conclusion -- trading systems based on Bollinger Bands. It starts by presenting several important volume indicators and then shows how to combine price action within the bands and indicator action to arrive at rigorous trading decisions.
This book includes all the slides featured on the DVD, so you can follow the charts and formulas during the presentation. There is plenty of room for notes, so feel free. It will help you absorb the material.
You can view this DVD on any standard set-top DVD player. Or, if your computer is equipped to play DVD movies, you can view it with your favorite DVD software.
Also included on the DVD is an Excel spreadsheet that presents a simple implementation of the formulas and concepts presented in the seminar. (You'll need a DVD drive in your computer to access these.
For daily stock screening for the indicators, techniques and trading systems featured on these DVDs, please visit www.BollingerOnBollingerBands.com.
This is the first volume of a two-volume DVD set taped at a two-day Bollinger Bands seminar. The seminar and DVD set are an outgrowth of John Bollinger's book Bollinger on Bollinger Bands. DVD I captures day one of the seminar and DVD II features the second day.
While books are a great way to acquire knowledge, some people absorb knowledge more easily when it is presented to them. This DVD set is for those more interactive learners. However, it is strongly recommended you read the book for greater depth and to reinforce your learning.
DVD I, The Essentials, builds the base. It presents the basics including the history and the fundamentals of Bollinger Bands construction and implementation. DVD II, Advanced Topics, carries the process to its logical conclusion -- trading systems based on Bollinger Bands. It starts by presenting several important volume indicators and then shows how to combine price action within the bands and indicator action to arrive at rigorous trading decisions.
This book includes all the slides featured on the DVD, so you can follow the charts and formulas during the presentation. There is plenty of room for notes, so feel free. It will help you absorb the material.
You can view this DVD on any standard set-top DVD player. Or, if your computer is equipped to play DVD movies, you can view it with your favorite DVD software.
Also included on the DVD is an Excel spreadsheet that presents a simple implementation of the formulas and concepts presented in the seminar. (You'll need a DVD drive in your computer to access these.
For daily stock screening for the indicators, techniques and trading systems featured on these DVDs, please visit www.BollingerOnBollingerBands.com.
Bollinger on Bollinger Bands
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Bollinger on Bollinger Bands
Bollinger Bands are a great tool for chart analysis. Like most indicators, it should not be used alone, but as a tool to compliment other analysis tools.
John Bollinger is a giant in today’s trading community. His Bollinger Bands sharpen the sensitivity of fixed indicators, allowing them to more precisely reflect a market’s volatility. By more accurately indicating the existing market environment, they are seen by many as today’s standard—and most reliable—tool for plotting expected price action.
Now, in Bollinger on Bollinger Bands, Bollinger himself explains how to use this extraordinary technique to compare price and indicator action and make sound, sensible, and profitable trading decisions.
Concise, straightforward, and filled with instructive charts and graphs, this remarkable book will be essential reading for all serious traders, regardless of market. Bollinger includes his simple system for implementation, and techniques for combining bands and indicators.
Bollinger Bands are a great tool for chart analysis. Like most indicators, it should not be used alone, but as a tool to compliment other analysis tools.
John Bollinger is a giant in today’s trading community. His Bollinger Bands sharpen the sensitivity of fixed indicators, allowing them to more precisely reflect a market’s volatility. By more accurately indicating the existing market environment, they are seen by many as today’s standard—and most reliable—tool for plotting expected price action.
Now, in Bollinger on Bollinger Bands, Bollinger himself explains how to use this extraordinary technique to compare price and indicator action and make sound, sensible, and profitable trading decisions.
Concise, straightforward, and filled with instructive charts and graphs, this remarkable book will be essential reading for all serious traders, regardless of market. Bollinger includes his simple system for implementation, and techniques for combining bands and indicators.
The Master Swing Trader Toolkit: The Market Survival Guide
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The Master Swing Trader Toolkit: The Market Survival Guide
Another must read book. This compliments The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities
With more than 50,000 copies sold, Alan Farley’s The Master Swing Trader has become the definitive guide for maximizing profit from short-term price moves. Now in his highly anticipated companion volume, The Master Swing Trader Toolkit: The Market Survival Guide, Farley builds on his proven strategies and techniques and delivers new tips for consistently beating the markets— today and in the future.
The Master Swing Trader Toolkit is a powerful application-oriented handbook that shows you how to identify and grow wealth from the opportunities resulting from the steep market crash. Additionally, this full-service volume offers prescriptions for prospering in the postcrash environment and provides guidance for finding new, reduced-risk market prospects during virtually any economic scenario to come.
The author’s trading style has evolved since the publication of The Master Swing Trader. This follow-up companion helps you adapt and gain an edge as the author has, specifically in the vein of “defensive trading,” to achieve profitability in the modern electronic markets.
Because The Master Swing Trader Toolkit is a survival guide for the real world, Farley presents an abundance of authentic case studies to show his defensive trading strategies in action, and he illustrates a broad variety of other patterns and observations acting in specific market scenarios.
The Master Swing Trader Toolkit prepares you for success in the financial landscape of today and tomorrow with insightful, up-todate coverage on:
Cross-market analysis
Convergence-divergence relationships
Relative strength
Managing multiple positions
Remote trading
Risk management
At its core, The Master Swing Trader Toolkit: The Market Survival Guide is a book about tape reading. The ticker tape is immune from manipulation, deconstruction, regulation, and fragmentation, which makes it the most powerful tool for attaining wealth. Get the most out of what you read by starting with The Master Swing Trader Toolkit.
Another must read book. This compliments The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities
With more than 50,000 copies sold, Alan Farley’s The Master Swing Trader has become the definitive guide for maximizing profit from short-term price moves. Now in his highly anticipated companion volume, The Master Swing Trader Toolkit: The Market Survival Guide, Farley builds on his proven strategies and techniques and delivers new tips for consistently beating the markets— today and in the future.
The Master Swing Trader Toolkit is a powerful application-oriented handbook that shows you how to identify and grow wealth from the opportunities resulting from the steep market crash. Additionally, this full-service volume offers prescriptions for prospering in the postcrash environment and provides guidance for finding new, reduced-risk market prospects during virtually any economic scenario to come.
The author’s trading style has evolved since the publication of The Master Swing Trader. This follow-up companion helps you adapt and gain an edge as the author has, specifically in the vein of “defensive trading,” to achieve profitability in the modern electronic markets.
Because The Master Swing Trader Toolkit is a survival guide for the real world, Farley presents an abundance of authentic case studies to show his defensive trading strategies in action, and he illustrates a broad variety of other patterns and observations acting in specific market scenarios.
The Master Swing Trader Toolkit prepares you for success in the financial landscape of today and tomorrow with insightful, up-todate coverage on:
Cross-market analysis
Convergence-divergence relationships
Relative strength
Managing multiple positions
Remote trading
Risk management
At its core, The Master Swing Trader Toolkit: The Market Survival Guide is a book about tape reading. The ticker tape is immune from manipulation, deconstruction, regulation, and fragmentation, which makes it the most powerful tool for attaining wealth. Get the most out of what you read by starting with The Master Swing Trader Toolkit.
The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities
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The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities
Another must read book for traders out there.
The Master Swing Trader explains how traders can use technical analysis, charting, and market sentiment to make trades that hold through price fluctuations and noise by using wider stops. This complete, practical guide to making profitable short-term trades—based on the author’s popular “Mastering the Trade” online course—uses dozens of charts and graphs to illustrate proven swing trading concepts and strategies. Experienced day, position, and online traders will benefit immediately from: - The 7 Bells – unique tools to uncover promising short-term prospects - Techniques to profit from low-risk short sales - The 4 repeating cycles for perfectly timed trades.
Another must read book for traders out there.
The Master Swing Trader explains how traders can use technical analysis, charting, and market sentiment to make trades that hold through price fluctuations and noise by using wider stops. This complete, practical guide to making profitable short-term trades—based on the author’s popular “Mastering the Trade” online course—uses dozens of charts and graphs to illustrate proven swing trading concepts and strategies. Experienced day, position, and online traders will benefit immediately from: - The 7 Bells – unique tools to uncover promising short-term prospects - Techniques to profit from low-risk short sales - The 4 repeating cycles for perfectly timed trades.
Encyclopedia of Candlestick Patterns
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Encyclopedia of Candlestick Charts (Wiley Trading)
This is an excellent book on Japanese candlestick patterns. It is an in-depth look at over 100 candlestick formations, from identification guidelines and statistical analysis of their behavior to detailed trading tactics for every trader.
Whether you're a novice trader or an experienced, seasoned pro, the Encyclopedia of Candlestick Charts has something for you. No other book combines a comprehensive list of candlesticks with statistical reviews of their performance in one simple package. The information you find here will quickly allow you to trade in a more effectively.
This is an excellent book on Japanese candlestick patterns. It is an in-depth look at over 100 candlestick formations, from identification guidelines and statistical analysis of their behavior to detailed trading tactics for every trader.
Whether you're a novice trader or an experienced, seasoned pro, the Encyclopedia of Candlestick Charts has something for you. No other book combines a comprehensive list of candlesticks with statistical reviews of their performance in one simple package. The information you find here will quickly allow you to trade in a more effectively.
Profiting with Japanese Candlestick Charts
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Strategies for Profiting With Japanese Candlestick Charts - Completely Revised - New Edition
As well all know, Steve Nison is the godfather of candlestick charting. His books are recommended by almost every trader out there. This is an excellent primer for any novice trader, or a great refresher for a seasoned pro.
This is the revised edition from 2011. It contains new and updated information.
As well all know, Steve Nison is the godfather of candlestick charting. His books are recommended by almost every trader out there. This is an excellent primer for any novice trader, or a great refresher for a seasoned pro.
This is the revised edition from 2011. It contains new and updated information.
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