While the bull wave just started, i start become bear again.. i must be crazy
Channel and chart pattern are two technical backbone for me to have 70% winning probability. Without either one of these, my winning probability is reduced to 30% Just like this case By the time it hits 305, i know i am dead wrong :-) Shorted at 294... Horrible experience Silly loser here LOL
When i posted this on 20th of Nov, i had a short at 97. I am pretty confidence that this downtrend is well established. Besides i did another extra measure to see if the green DMI crossed below the black signal line, and it did! Hence, collected profit at the bottom of channel. After that i hold no position, meaning i missed out of the short opportunity, but it is...
Embrace for a quick short @1301 target 1240 Stop loss 1311
Is this broader stock index telling me something?
go Draghi go so much hype about that i understand EURO court of justice and german federal both have to say yes as well
LNKD has been in this symmetrical triangle since topping out in Sept 2013. It might want to break out of the resistance line, if fail, i will see whether the support holds before the usual uptrend continues, if the support does not hold, it will be set short set up
Well, i have posted some of my trade that turn soured before. Here is another one. I do make mistakes. making an attempt to trade without my trusted partner (CHANNEL) Long on gap up, no follow through, close position and wait next round
Shorted when i posted this chart 25 days ago. Took 25% profit first as price is getting squeeze into a smaller triangle
i begin to doubt the health of this uptrendline
Two days ago, i posted monthly chart of JPM as the price in the rising wedge is about to test the monthly trend line since 2007 Bang.. monthly uptrend line broken with a GAP down. Either it will continue to plunge to 52.93 in time to come or rebound first, either way, 58.24 has become the resistance P.S. i keep the rising wedge line
First of all, i hope you guys shorted it when the "smaller head" neckline was a resistance :-) This gap down today helps me to see the forest picture alot. 1. Price is contained in red channel, if the channel is valid, price will not rest until it hits around 178 area. 2. From then on, one of the potential path is. price rebounce strongly to make a potential...
GPRO peaks at 98.47, divided that by 2 we get 49.235. What the heck, we are now at this level!!! I hope you did short some 17 days ago :-) It has made another lower low with potential divergence in MACD. Besides, i see some panic selling in the volume spike. Getting ready to Long Gann was a very good at 50% important level.